On September 23, 2015, an order regarding the motion for authority to enter into a new agreement was filed in the bankruptcy case of Buckingham Oil Interests, Inc. and its affiliates.
The filing was assigned docket number 40 and is described on the court’s official docket as follows:
Order dated 9/23/2015 Re: 33 Motion filed by Trustee Charles A. Dale III For Authority to Enter into Post-Petition Consulting Agreement. THE REQUEST FOR EXPEDITED DETERMINATION IS ALLOWED IN PART. THE COURT SHALL CONDUCT A HEARING ON THE MOTION ON 10/1/15 AT 1:00PM. ANY OBJECTIONS SHALL BE FILED BY 9/30/15 AT NOON. THE TRUSTEE SHALL GIVE IMMEDIATE NOTICE OF THE HEARING DATE AND OBJECTION DEADLINE TO ALL INTERESTED PARTIES AND SHALL FILE A CERTIFICATE OF SERVICE WITH THE COURT BY 9/24/15. THE REQUEST FOR INTERIM APPROVAL OF THE MOTION IN CONNECTION WITH OTHER MATTERS SCHEDULED TO BE HEARD ON 9/24/15 IS UNWARRANTED AND INAPPROPRIATE AS IT WOULD NOT AFFORD INTERESTED PARTIES AN ADEQUATE OPPORTUNITY TO EVALUATE THE MOTION. ON OR BEFORE 9/29/15 AT 4:30PM, THE TRUSTEE SHALL FILE AN AFFIDAVIT IN SUPPORT OF THE MOTION WHICH SHALL INCLUDE: (1) A COPY OF THE 2012 CONSULTING AGREEMENT BETWEEN THE DEBTOR AND THE CONSULTANT (THE “2012 AGREEMENT”); (2) THE TRUSTEE’S ANALYSIS OF THE COSTS AND BENEFITS OF THE PROPOSED POSTPETITION CONSULTING AGREEMENT; AND (3) THE VALUE OF THE ORRI TO WHICH THE CONSULTANT IS ENTITLED UNDER THE 2012 AGREEMENT WITH RESPECT TO THE 12 EXISTING PROSPECTS WHICH ARE THE SUBJECT OF THE LIMITED RELEASE AS SET FORTH IN PARAGRAPH 15 OF THE PROPOSED POSTPETITION CONSULTING AGREEMENT. (cpd) (Entered: 09/23/2015)
Buckingham Oil Interests, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 1, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Massachusetts. The case number for the lead bankruptcy case is 15-13441. The bankruptcy case is currently assigned to United States Bankruptcy Judge Joan Feeney . The law firm of Morrissey, Wilson & Zafiropoulos, LLP is acting as lead bankruptcy counsel to Buckingham Oil Interests, Inc. in the bankruptcy case.