Cal Dive International, Inc. Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On May 6, 2015, a motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Cal Dive International, Inc. and its affiliates.

The filing was assigned docket number 337 and is described on the court’s official docket as follows:

Motion For Sale of Property Free and Clear of Liens under Section 363(f)(FEE) (Debtors’ Motion for an Order (I) Authorizing Cal Dive Offshore Contractors, Inc. to Sell the Atlantic and Related Assets Free and Clear of All Liens, Claims and Encumbrances and (II) Granting Related Relief) Fee Amount $176 Filed by Cal Dive International, Inc.. Hearing scheduled for 5/27/2015 at 11:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 5/20/2015. (Attachments: # (1) Notice # (2) Exhibit A) (Merchant, Michael)

Cal Dive International, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 3, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 15-10458. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of O’Melveny & Myers LLP is acting as lead bankruptcy counsel to Cal Dive International, Inc. in the bankruptcy case.


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