Verso Corporation Bankruptcy New Filing Alert: Motion For Miscellaneous “First Day” Relief

On January 26, 2016, a motion for miscellaneous “first day” relief was filed in the bankruptcy case of Verso Corporation and its affiliates.

The filing was assigned docket number 7 and is described on the court’s official docket as follows:

Motion Regarding Chapter 11 First Day Motions // Debtors’ Motion for Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Maintain and Renew Their Prepetition Insurance Programs and Pay All Obligations in Respect Thereof and (B) Maintain Their Premium Financing Program and Pay All Obligations in Respect Thereof and (II) Granting Related Relief Filed By Verso Corporation (Merchant, Michael) (Entered: 01/26/2016)

Verso Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 26, 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 16-10163. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of O’Melveny & Myers LLP is acting as lead bankruptcy counsel to Verso Corporation in the bankruptcy case.


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