Outer Harbor Terminal, LLC (a/k/a Ports America Outer Terminal, LLC) Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Pay Claims Of Employees





On February 3, 2016, an order regarding the motion for authority to pay claims of employees was filed in the bankruptcy case of Outer Harbor Terminal, LLC (a/k/a Ports America Outer Terminal, LLC) and its affiliates.

The filing was assigned docket number 23 and is described on the court’s official docket as follows:

Order (Interim) (I) Authorizing Debtor to (A) Pay Prepetition Wages, Salaries, and Other Compensation, and Employee Benefits and (B) Continue Existing Employee Benefit Plans and Programs, (II) Authorizing Financial Institutions to pay all Checks and Electronic Payment Requests Made by Debtor Relating to the Foregoing, and (III) Scheduling a Final Hearing. . (Related Doc # [6])(related document(s)[6]) Order Signed on 2/3/2016. (GM)

Outer Harbor Terminal, LLC (a/k/a Ports America Outer Terminal, LLC) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 1, 2016. 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 16-10283. The bankruptcy case is currently assigned to United States Bankruptcy Judge Laurie Selber Silverstein. The law firm of Milbank, Tweed, Hadley & McCloy LLP is acting as lead bankruptcy counsel to Outer Harbor Terminal, LLC (a/k/a Ports America Outer Terminal, LLC) in the bankruptcy case.

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