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

On November 10, 2015, an order regarding the 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 455 and is described on the court’s official docket as follows:

Order Granting Application for compensation (Related Doc # 397) for Cooley, LLP, fees awarded: $216,156.00, expenses awarded: $14,962.97 (Judy MNBS) (Entered: 11/10/2015)

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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