Allied Nevada Gold Corp. Bankruptcy New Filing Alert: Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On July 8, 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 Allied Nevada Gold Corp. and its affiliates.

The filing was assigned docket number 672 and is described on the court’s official docket as follows:

Motion to Approve // Debtors’ Motion for Entry of an Order (I) Authorizing and Approving Debtors’ (A) Key Employee Incentive Plan Program, (B) Non-Insider Key Employee Retention Plan and (C) Severance Plan and (II) Granting Related Relief Filed by Allied Nevada Gold Corp.. Hearing scheduled for 8/20/2015 at 11:30 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #4, Wilmington, Delaware. Objections due by 7/22/2015. (Attachments: # (1) Notice # (2) Exhibit A # (3) Exhibit B # (4) Exhibit C # (5) Exhibit D (REDACTED) # (6) Exhibit E) (Tarr, Stanley)

Allied Nevada Gold Corp. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 10, 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 15-10503. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Akin, Gump, Strauss, Hauer & Feld LLP is acting as lead bankruptcy counsel to Allied Nevada Gold Corp. in the bankruptcy case.


Leave a Reply