On December 17, 2015, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of New Gulf Resources, LLC and its affiliates.
The filing was assigned docket number 10 and is described on the court’s official docket as follows:
Motion to Approve Debtor In Possession Financing Filed By New Gulf Resources, LLC (Cleary, M. Blake) (Entered: 12/17/2015)
New Gulf Resources, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on December 17, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 15-12566. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Baker Botts LLP is acting as lead bankruptcy counsel to New Gulf Resources, LLC in the bankruptcy case.