Doral Financial Corporation (d/b/a Doral Financial Puerto Rico Corporation) Bankruptcy New Filing Alert: Motion For Authority To Use Cash Collateral





On November 25, 2015, a motion for authority to use cash collateral was filed in the bankruptcy case of Doral Financial Corporation (d/b/a Doral Financial Puerto Rico Corporation) and its affiliates.

The filing was assigned docket number 399 and is described on the court’s official docket as follows:

Motion to Approve Use of Cash Collateral Motion for Order Approving Use of Cash Collateral by Doral Properties, Inc. filed by Mark I Bane on behalf of Doral Financial Corporation, Doral Properties, Inc. with hearing to be held on 12/3/2015 at 10:00 AM at Courtroom 623 (SCC) Responses due by 12/2/2015,. (Bane, Mark)

Doral Financial Corporation (d/b/a Doral Financial Puerto Rico Corporation) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 11, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 15-10573. The bankruptcy case is currently assigned to United States Bankruptcy Judge Shelley Chapman. The law firm of Ropes & Gray LLP is acting as lead bankruptcy counsel to Doral Financial Corporation (d/b/a Doral Financial Puerto Rico Corporation) in the bankruptcy case.

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