Boomerang Tube, LLC (a/k/a Oilfield Tubulars, LLC) Bankruptcy New Filing Alert: Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On June 19, 2015, a motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Boomerang Tube, LLC (a/k/a Oilfield Tubulars, LLC) and its affiliates.

The filing was assigned docket number 99 and is described on the court’s official docket as follows:

Motion to Authorize the Debtors to Make Incentive Progress Payments to Certain Employees for Their 2014 Annual Bonuses and Granting Related Relief Filed by Boomerang Tube, LLC. Hearing scheduled for 7/10/2015 at 12:00 PM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #4, Wilmington, Delaware. Objections due by 7/6/2015. (Attachments: # (1) Notice # (2) Exhibit A) (Bartley, Ryan)

Boomerang Tube, LLC (a/k/a Oilfield Tubulars, LLC) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 9, 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 15-11247. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Young Conaway Stargatt & Taylor, LLP is acting as lead bankruptcy counsel to Boomerang Tube, LLC (a/k/a Oilfield Tubulars, LLC) in the bankruptcy case.


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