On November 10, 2015, an order regarding the motion for an extension of the debtors’ exclusive periods to file and solicit votes on a plan of reorganization or liquidation was filed in the bankruptcy case of Molycorp, Inc. and its affiliates.
The filing was assigned docket number 776 and is described on the court’s official docket as follows:
Order Granting Motion of the Official Committee of Unsecured Creditors for Order Shortening Notice Period and Scheduling Hearing on (X) Cross-Motion to Terminate Exclusive Periods Immediately and (Y) Motion for Entry of an Order Authorizing Official Committee of Unsecured Creditors to File Under Seal (A) Unredacted Version of (I) Objection of Official Committee of Unsecured Creditors to Debtors Motion for Order Extending Exclusive Periods to File Chapter 11 Plan and Solicit Acceptances Thereof and (II) Cross-Motion to Terminate Exclusive Periods Immediately; (B) Exhibit B to Cross Motion; and (C) Committee’s Proposed Plan Term Sheet. (Related Doc # ) Order Signed on 11/10/2015. (DMC)
Molycorp, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 25, 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 15-11357. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Jones Day LLP is acting as lead bankruptcy counsel to Molycorp, Inc. in the bankruptcy case.