Signal International, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Pay Claims Of Employees

On July 14, 2015, an order regarding the motion for authority to pay claims of employees was filed in the bankruptcy case of Signal International, Inc. and its affiliates.

The filing was assigned docket number 71 and is described on the court’s official docket as follows:

Order (INTERIM) (I) Authorizing the Debtors to Pay and Honor Certain Prepetition Wages, Benefits, and Other Compensation Obligations and (II) Authorizing Banks to Honor and Process Checks and Transfers Related to Such Obligations (Related Doc # [9]) Order Signed on 7/14/2015. (LB)

Signal International, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 12, 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 15-11498. 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 Signal International, Inc. in the bankruptcy case.


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