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

On July 17, 2015, an objection to the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Molycorp, Inc. and its affiliates.

The filing was assigned docket number 212 and is described on the court’s official docket as follows:

Objection /Supporting 10% Noteholders’ Objection to Oaktree’s Final DIP Financing. (related document(s)[173]) Filed by Certain Holders of the Molycorp, Inc. 10% Senior Secured Notes (Attachments: # (1) Exhibit A # (2) Exhibit B # (3) Exhibit C # (4) Certificate of Service) (Jones, Laura Davis)

Molycorp, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 25, 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 15-11357. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Jones Day LLP is acting as lead bankruptcy counsel to Molycorp, Inc. in the bankruptcy case.


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