Graham Gulf, Inc. Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On September 20, 2015, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Graham Gulf, Inc. and its affiliates.

The filing was assigned docket number 14 and is described on the court’s official docket as follows:

Motion to Use Cash Collateral – Debtor’s Motion (I) Pursuant to 11 U.S.C. Sections 105, 361, 362, 363, 364, and 507 Authorizing the Debtor to (A) Obtain Postpetition Financing, (B) Grant Senior Liens and Superpriority Administrative Expense Status, and (C) Utilize Cash Collateral of Pre-Petition Secured Parties; (II) Granting Adequate Protection to Pre-Petition Secured Parties Pursuant to 11 U.S.C. Sections 361, 362, 363, and 364; (III) Scheduling a Final Hearing; and (IV) Granting Related ReliefFiled by Graham Gulf, Inc. Jeffery J. Hartley (Attachments: # 1 Exhibit A # 2 Exhibit B) (Hartley, Jeffery) (Entered: 09/20/2015)

Graham Gulf, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 18, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Alabama . The case number for the lead bankruptcy case is 15-03065. The bankruptcy case is currently assigned to United States Bankruptcy Judge Henry Callaway. The law firm of Helmsing Leach Herlong Newman & Rouse PC is acting as lead bankruptcy counsel to Graham Gulf, Inc. in the bankruptcy case.


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