Noranda Aluminum, Inc. Bankruptcy New Filing Alert: Motion For Authority To Use Cash Management Systems

On February 8, 2016, a motion for authority to use cash management systems was filed in the bankruptcy case of Noranda Aluminum, Inc. and its affiliates.

The filing was assigned docket number 20 and is described on the court’s official docket as follows:

Chapter 11 First Day Motion Re: Debtors Motion for an Order Pursuant to Sections 105(a), 345(b), 363(c) and 503(b)(1) of the Bankruptcy Code and Bankruptcy Rule 6004 (I) Approving Continued Use of the Debtors Existing Cash Management System; (II) Authorizing Use of Existing Bank Accounts and Business Forms; (III) Waiving Requirements of Section 345(b) of the Bankruptcy Code; and (IV) Granting Administrative Expense Status to Postpetition Intercompany Claims. Filed by Debtor Noranda Aluminum, Inc. (Lawhorn, Christopher) (Entered: 02/08/2016)

Noranda Aluminum, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 8, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the Eastern District of Missouri . The case number for the lead bankruptcy case is 16-10083. The bankruptcy case is currently assigned to United States Bankruptcy Judge Barry Schermer. The law firm of Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as lead bankruptcy counsel to Noranda Aluminum, Inc. in the bankruptcy case.


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