Terra BioEnergy LLC Bankruptcy New Filing Alert: Motion For Authority To Use Cash Collateral

On September 8, 2015, a motion for authority to use cash collateral was filed in the bankruptcy case of Terra BioEnergy LLC and its affiliates.

The filing was assigned docket number 25 and is described on the court’s official docket as follows:

Joint Motion to Use Cash Collateral Filed by FCS Financial, FLCA, Nodaway Valley Bank, TERRA BIOENERGY LLC. (Attachments: # 1 Exhibit A: Construction Loan Agreement # 2 Exhibit B: Promissory Note dated 2/29/08 and amendments # 3 Exhibit C: Deed of Trust and Security Agreement # 4 Exhibit D: Security Agreement # 5 Exhibit E: UCC financing statements # 6 Exhibit F: Assignment of Leases # 7 Exhibit G: Completion Loan Agreement # 8 Exhibit H: Promissory Note dated 8/13/09 # 9 Exhibit I: First Amendment to Deed of Trust # 10 Exhibit J: Forbearance Agreement # 11 Exhibit K: Commercial Lease # 12 Exhibit L: SNDA # 13 Exhibit M: Amended and Restated Forbearance Agreement # 14 Exhibit N: Proposed Order) (Warfield, David) (Entered: 09/08/2015)

Terra BioEnergy LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on August 5, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Western District of Missouri . The case number for the lead bankruptcy case is 15-50325. The bankruptcy case is currently assigned to United States Bankruptcy Judge Cynthia Norton . The law firm of Merrick, Baker & Strauss, P.C. is acting as lead bankruptcy counsel to Terra BioEnergy LLC in the bankruptcy case.


Leave a Reply