Sherwin Alumina Company, LLC (f/k/a Sherwin Alumina LP) Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On January 11, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Sherwin Alumina Company, LLC (f/k/a Sherwin Alumina LP) and its affiliates.

The filing was assigned docket number 26 and is described on the court’s official docket as follows:

Motion Regarding Chapter 11 First Day Motions Emergency Motion of Sherwin Alumina Company, LLC, et al., for Entry of Interim and Final Orders (I) Authorizing Debtors to (A) Obtain Postpetition Secured Financing and (B) Utilize Cash Collateral, (II) Granting Liens and Providing Superpriority Administrative Expense Claims, (III) Granting Adequate Protection to Prepetition Lender, (IV) Modifying the Automatic Stay, and (V) Scheduling a Permanent Finance Hearing Pursuant to Sections 105, 361, 362, 363, 364, and 507 of the Bankruptcy Code and Bankruptcy Rules 2002, 4001, and 9014 Filed by Debtor Sherwin Alumina Company, LLC (Attachments: # (1) Proposed Order (Interim) # (2) Exhibit B – DIP Credit Agreement # (3) Exhibit C – Lukenda Declaration # (4) Exhibit D – Attorney Checklist) (Clement, Zack)

Sherwin Alumina Company, LLC (f/k/a Sherwin Alumina LP) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 11, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Texas . The case number for the lead bankruptcy case is 16-20012. The bankruptcy case is currently assigned to United States Bankruptcy Judge David Jones. The law firm of Kirkland & Ellis LLP is acting as lead bankruptcy counsel to Sherwin Alumina Company, LLC (f/k/a Sherwin Alumina LP) in the bankruptcy case.

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