TransCoastal Corporation Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Pay Claims Of Vendors

On December 11, 2015, an order regarding the motion for authority to pay claims of vendors was filed in the bankruptcy case of TransCoastal Corporation and its affiliates.

The filing was assigned docket number 38 and is described on the court’s official docket as follows:

Order granting motion to (I) Pay certain prepetition obligations on account of royalties, overriding royalty interests, and severance taxes, and (II) Authorizing banks to honor and process related checks and electronic transfers (related document # [8]) Entered on 12/11/2015. (Dugan, S.)

TransCoastal Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on December 8, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of Texas . The case number for the lead bankruptcy case is 15-34956. The bankruptcy case is currently assigned to United States Bankruptcy Judge Harlin DeWayne Hale . The law firm of Haynes & Boone, LLP is acting as lead bankruptcy counsel to TransCoastal Corporation in the bankruptcy case.


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