PTC Seamless Tube Corp. (2015) Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Obtain Debtor-In-Possession Financing

On May 8, 2015, an order regarding the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of PTC Seamless Tube Corp. (2015) and its affiliates.

The filing was assigned docket number 112 and is described on the court’s official docket as follows:

Modified Interim Order Signed 05/08/2014 Granting The Emergency Motion For Entry of Interim and Final Orders (I) Authorizing Postpetition Financing Pursuant to 11 U.S.C. Sections 105, 361, 362, and 364; (II) Granting Adequate Protection To Pre-Petition Secured Lenders Pursuant To 11 U.S.C. Sections 361, 363, 364; (III) Granting Liens, Security Interests, And Superpriority Claims; And (IV) Scheduling Final Hearing Pursuant To Fed.R.Bankr.P. 4001 and Local Rules 4001-1, 4001-2 and 9013-2. Final Hearing (RE: related document(s): [81] Motion to Approve Financing filed by Debtor PTC Seamless Tube Corp.) is scheduled for 6/3/2015 at 10:00 AM at Bankruptcy Courtroom, U.S. Courthouse, 17 South Park Row, Erie, PA. Responses Due: 05/27/2015 at 4:00 p.m. (Eastern). (gbro)

PTC Seamless Tube Corp. (2015) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 26, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Western District of Pennslyvania . The case number for the lead bankruptcy case is 15-21445. The bankruptcy case is currently assigned to United States Bankruptcy Judge Thomas Agresti. The law firm of Reed Smith LLP is acting as lead bankruptcy counsel to PTC Seamless Tube Corp. (2015) in the bankruptcy case.


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