Magnetation LLC Bankruptcy New Filing Alert: Application For Authority To Retain Professionals

On November 24, 2015, an application for authority to retain professionals was filed in the bankruptcy case of Magnetation LLC and its affiliates.

The filing was assigned docket number 492 and is described on the court’s official docket as follows:

Application to employ PJT Partners LP as Investment Banker filed by Magnetation LLC. Supporting affidavit or verified statement of professional person, Proposed order. (Coco, Kevin) (Entered: 11/24/2015)

Magnetation LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 5, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Minnesota. The case number for the lead bankruptcy case is 15-50307. The bankruptcy case is currently assigned to United States Bankruptcy Judge Gregory Kishel. The law firm of Davis Polk & Wardwell LLP is acting as lead bankruptcy counsel to Magnetation LLC in the bankruptcy case.


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