Magnetation LLC Bankruptcy New Filing Alert: Objection To The Motion For Authority To Use Cash Collateral

On June 3, 2015, an objection to the motion for authority to use cash collateral was filed in the bankruptcy case of Magnetation LLC and its affiliates.

The filing was assigned docket number 154 and is described on the court’s official docket as follows:

EDITED ENTRY: Objection by Interested Party ULLAND BROTHERS, INC. to 91 Motion for use of cash collateral. An affidavit or verification, Proof of service. (Ferguson, Joseph) Modified on 6/3/2015 (AnitaM MNBD). (Entered: 06/03/2015)

Magnetation LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 5, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Minnesota. The case number for the lead bankruptcy case is 15-50307. The bankruptcy case is currently assigned to United States Bankruptcy Judge Gregory Kishel. The law firm of Davis Polk & Wardwell LLP is acting as lead bankruptcy counsel to Magnetation LLC in the bankruptcy case.


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