Gas-Mart USA, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On February 3, 2016, an order regarding the motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Gas-Mart USA, Inc. and its affiliates.

The filing was assigned docket number 604 and is described on the court’s official docket as follows:

Agreed Order of the Court APPROVING EMPLOYEE INCENTIVE PLAN AS PART OF BUDGET PURSUANT TO STIPULATION AND FINAL ORDER (I) AUTHORIZING SECURED POST-PETITION FINANCING ON SUPER PRIORITY BASIS PURSUANT TO 11 U.S.C. §364, (II) AUTHORIZING USE OF CASH COLLATERAL PURSUANT TO 11 U.S.C. §§363 AND 364, AND (III) GRANTING ADEQUATE PROTECTION PURSUANT TO 11 U.S.C. §§363 AND 364. Signed on 2/3/2016.The moving party is to serve this order on parties not receiving electronic notice but entitled to notice pursuant to Fed. R. Bankr. P. 2002, Local Rule 2002-1 and other applicable law.File the Certificate of Service and relate it to the order category. (Related document(s)602) (Greene, Sharon) Modified on 2/3/2016 (Greene, Sharon). (Entered: 02/03/2016)

Gas-Mart USA, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 2, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Western District of Missouri . The case number for the lead bankruptcy case is 15-41915. The bankruptcy case is currently assigned to United States Bankruptcy Judge Arthur Federman. The law firm of Stinson Morrison Hecker LLP is acting as lead bankruptcy counsel to Gas-Mart USA, Inc. in the bankruptcy case.


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