American Liberty Oil Company, LP Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Obtain Debtor-In-Possession Financing

On August 28, 2015, an order regarding the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of American Liberty Oil Company, LP and its affiliates.

The filing was assigned docket number 98 and is described on the court’s official docket as follows:

Interim Order on debtor’s motion for interim and final order authorizing (A) Borrowing secured by junior liens on property of the estate (B) Making of drop down loans to non-debtor subsidiary (C) Additional lending procedures (D) Modification of the automatic stay and (E) setting final hearing. Entered on 8/28/2015 (RE: related document(s)[46] Motion to borrow/incur debt filed by Debtor American Liberty Oil Company, LP). Hearing to be held on 9/1/2015 at 01:30 PM Dallas Judge Jernigan Ctrm for [46], (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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