University General Health System, Inc. Bankruptcy New Filing Alert: Objection To The Motion For Authority To Obtain Debtor-In-Possession Financing

On May 5, 2015, an objection to the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of University General Health System, Inc. and its affiliates.

The filing was assigned docket number 300 and is described on the court’s official docket as follows:

Objection to the Emergency Motion for Interim and Final Orders (I) Authorizing Secured Post-Petition Financing on a Super Priority Basis Pursuant to 11 U.S.C. secs. 363, 364, and 507(b); (II) Granting Relief from the Automatic Stay Pursuant to 11 U.S.C. sec. 362; (III) Granting Related Relief; and (IV) Scheduling a Final Hearing Pursuant to Bankruptcy Rule 4001 (related document(s):[31] Generic Motion). Filed by The Official Joint Committee of Unsecured Creditors (Attachments: # (1) Master Service List # (2) Proposed Order) (Bryant, William)

University General Health System, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 27, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Texas . The case number for the lead bankruptcy case is 15-31086. The bankruptcy case is currently assigned to United States Bankruptcy Judge Letitia Paul. The law firm of Porter & Hedges, L.L.P. is acting as lead bankruptcy counsel to University General Health System, Inc. in the bankruptcy case.


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