American Liberty Oil Company, LP Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On August 28, 2015, an order regarding the motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of American Liberty Oil Company, LP and its affiliates.

The filing was assigned docket number 95 and is described on the court’s official docket as follows:

Order regarding motion to authorize debtor to call and cast votes at meeting of Ranchland Holdings, Ltd. and enter other appropriate orders regarding meeting procedures. THE COURT HEREBY ORDERS AS FOLLOWS: 1. The Debtor is authorized under Section 363(b) of the Bankruptcy Code to file an involuntary petition against Ranchland Holdings, Ltd. All other relief requested in the Motion or any response or objection thereto is denied. 2. The Court shall hold a scheduling conference on the Ranchland involuntary petition on September 1, 2015 at 1:30 p.m. (related document # [48]) Entered on 8/28/2015. (Zisk, B)

American Liberty Oil Company, LP filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 6, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of Texas . The case number for the lead bankruptcy case is 15-32019. The bankruptcy case is currently assigned to United States Bankruptcy Judge Stacey Jernigan. The law firm of Quilling, Selander, Lownds, Winslett & Moser, P.C. is acting as lead bankruptcy counsel to American Liberty Oil Company, LP in the bankruptcy case.


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