The Budd Company, Inc.  Bankruptcy New Filing Alert: Application For Interim Approval Of Professional Compensation

On January 19, 2016, an application for interim approval of professional compensation was filed in the bankruptcy case of The Budd Company, Inc.  and its affiliates.

The filing was assigned docket number 1488 and is described on the court’s official docket as follows:

Notice of Motion and Interim Fifth Application for Compensation with Coversheet for SOLIC Capital Advisors, LLC, Financial Advisor, Fee: $600,000.00, Expenses: $11,921.31. Filed by Catherine L Steege ESQ. Hearing scheduled for 3/1/2016 at 01:30 PM at 219 South Dearborn, Courtroom 682, Chicago, Illinois 60604. (Attachments: # (1) Cover Sheet # (2) Exhibit A # (3) Exhibit B # (4) Exhibit C # (5) Exhibit D # (6) Proposed Order) (Steege, Catherine)

The Budd Company, Inc.  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 31, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of Illinois . The case number for the lead bankruptcy case is 14-11873. The bankruptcy case is currently assigned to United States Bankruptcy Judge Jack Schmetterer. The law firm of Proskauer Rose LLP is acting as lead bankruptcy counsel to The Budd Company, Inc.  in the bankruptcy case.


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