Coyne International Enterprises Corp. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Obtain Debtor-In-Possession Financing

On August 5, 2015, an order regarding the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Coyne International Enterprises Corp. and its affiliates.

The filing was assigned docket number 53 and is described on the court’s official docket as follows:

Interim Order Authorizing Debtor To: (A) Use Cash Collateral On An Emergency Basis Pending A Final Hearing; (B) Incur Postpetition Debt on an Emergency Basis Pending a Final Hearing; and (C) Grant Adequate Protection and Provide Security and Other Relief to Prepetition Secured Parties. (See order for further details) (related document(s)[9]). (Glasheen, Dorothy)

Coyne International Enterprises Corp. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 31, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of New York . The case number for the lead bankruptcy case is 15-31160. The bankruptcy case is currently assigned to United States Bankruptcy Judge Margaret Cangilos-Ruiz. The law firm of Herrick, Feinstein LLP is acting as lead bankruptcy counsel to Coyne International Enterprises Corp. in the bankruptcy case.


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