On February 12, 2016, an application for interim approval of professional compensation was filed in the bankruptcy case of New Gulf Resources, LLC and its affiliates.
The filing was assigned docket number 292 and is described on the court’s official docket as follows:
Second Application for Compensation and Reimbursement of Expenses Incurred of Young Conaway Stargatt & Taylor, LLP, Counsel for the Debtors, for the period January 1, 2016 to January 31, 2016 Filed by New Gulf Resources, LLC. Objections due by 2/26/2016. (Attachments: # (1) Notice # (2) Exhibit A # (3) Exhibit B) (Cleary, M. Blake)
New Gulf Resources, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on December 17, 2015. 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 15-12566. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Baker Botts LLP is acting as lead bankruptcy counsel to New Gulf Resources, LLC in the bankruptcy case.