Magnetation LLC Bankruptcy New Filing Alert: Application For Interim Approval Of Professional Compensation

On November 20, 2015, an application for interim approval of professional compensation was filed in the bankruptcy case of Magnetation LLC and its affiliates.

The filing was assigned docket number 485 and is described on the court’s official docket as follows:

Staffing Report for FTI Consulting Inc for the period of October 1, 2015 through October 31, 2015 filed by Debtor Magnetation LLC. (Debi MNBD) (Entered: 11/20/2015)

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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