On July 16, 2015, an order regarding the motion for authority to use cash management systems was filed in the bankruptcy case of Sabine Oil & Gas Corporation (a/k/a Forest Oil Corporation) and its affiliates.
The filing was assigned docket number 52 and is described on the court’s official docket as follows:
Interim Order (I) Authorizing the Debtors to (A) Continue Using the Cash Management System, (B) Maintain Existing Bank Accounts and Business Forms, (C) Continue Intercompany Transactions, and (II) Granting Superpriority Administrative Expense Status to Postpetition Intercompany Payments (Related Doc # ) signed on 7/16/2015 (White, Greg)
Sabine Oil & Gas Corporation (a/k/a Forest Oil Corporation) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 15, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 15-11835. The bankruptcy case is currently assigned to United States Bankruptcy Judge Shelley Chapman. The law firm of Kirkland & Ellis LLP is acting as lead bankruptcy counsel to Sabine Oil & Gas Corporation (a/k/a Forest Oil Corporation) in the bankruptcy case.