Escalera Resources Co. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Obtain Debtor-In-Possession Financing

On November 13, 2015, an order regarding the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Escalera Resources Co. and its affiliates.

The filing was assigned docket number 47 and is described on the court’s official docket as follows:

Interim Order (A)Authorizing Post Petition Use of Cash Collateral; (B)Granting Adequate Protection Pursuant to 11 U.S.C. ยงยง 105, 361, 362, 363, and 507, BANKRUPTCY RULES 2002,4001, and 9014;(C)Scheduling a Final Hearing Pursuant to Bankruptcy Rule 4001; and(D Granting Related Relief. (related document(s)6 Motion to Use Cash Collateral). (saj) (Entered: 11/13/2015)

Escalera Resources Co. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 5, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Colorado. The case number for the lead bankruptcy case is 15-22395. The bankruptcy case is currently assigned to United States Bankruptcy Judge Thomas McNamara. The law firm of Onsager | Guyerson | Fletcher | Johnson LLC is acting as lead bankruptcy counsel to Escalera Resources Co. in the bankruptcy case.


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