Cal Dive International, Inc. Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On July 2, 2015, an motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Cal Dive International, Inc. and its affiliates.

The filing was assigned docket number 564 and is described on the court’s official docket as follows:

Application/Motion to Employ/Retain Hilco Industrial, LLC as Exclusive Marketing and Sales Agent, Motion For Sale of Property Free and Clear of Liens under Section 363(f)(FEE) (Debtors’ Application for Authorization to Employ and Retain Hilco Industrial, LLC as Exclusive Marketing and Sales Agent for the Sale of Certain Equipment and Other Personal Property, Nunc Pro Tunc to June 8, 2015 and Motion for Approval of the Sale of Such Property) Fee Amount $176 Filed by Cal Dive International, Inc.. Hearing scheduled for 7/24/2015 at 10:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 7/17/2015. (Attachments: # (1) Notice # (2) Exhibit A # (3) Exhibit B) (Steele, Amanda)

Cal Dive International, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 3, 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 15-10458. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of O’Melveny & Myers LLP is acting as lead bankruptcy counsel to Cal Dive International, Inc. in the bankruptcy case.


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