Doral Financial Corporation (d/b/a Doral Financial Puerto Rico Corporation) Bankruptcy New Filing Alert: Application For Authority To Retain Professionals

On October 19, 2015, an application for authority to retain professionals 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 344 and is described on the court’s official docket as follows:

Application to Employ Ryer Associates Commercial Real Estate, Inc. as Broker Application of the Debtor to Retain and Employ Ryer Associates Commercial Real Estate, Inc. as Broker filed by Mark I Bane on behalf of Doral Financial Corporation Responses due by 10/28/2015,. (Attachments: # (1) Exhibit A – Proposed Order # (2) Exhibit B – Greene Declaration # (3) Exhibit C – Marketing Agreement) (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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