Cardiac Science Corporation Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Obtain Debtor-In-Possession Financing

On November 25, 2015, an order regarding the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Cardiac Science Corporation and its affiliates.

The filing was assigned docket number 238 and is described on the court’s official docket as follows:

Order Granting Chapter 11 First Day Motion for Interim and Final Orders Authorizing (A) Secured Post-Petition Financing on a Super Priority Basis Pursuant to 11 U.S.C. §§ 363, 364, and 507(b), (B) Use of Cash Collateral Pursuant to 11 U.S.C. § filed by Debtor Cardiac Science Corporation) filed by Attorney Iana Vladimirova of Whyte Hirsch Dudek, S.C. on behalf of Cardiac Science Corporation . Order to be signed on or after 11/25/2015. (Attachments: # 1 Exhibit (s) Exhibit A – DIP Loan Agreement # 2 Exhibit (s) Exhibit B – Budget) (Related Doc # [29]) cc: parties in int. Signed on 11/25/2015. (Madison, Ron)

Cardiac Science Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 20, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Western District of Wisconsin. The case number for the lead bankruptcy case is 15-13766. The bankruptcy case is currently assigned to United States Bankruptcy Judge Robert Martin . The law firm of Whyte Hirschboeck Dudek S.C. is acting as lead bankruptcy counsel to Cardiac Science Corporation in the bankruptcy case.


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