Louisiana Pellets, Inc. Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On March 15, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Louisiana Pellets, Inc. and its affiliates.

The filing was assigned docket number 74 and is described on the court’s official docket as follows:

Motion Debtors’ Emergency Motion for Interim and Final Orders (1) Authorizing Debtors in Possession to Obtain Postpetition Financing; (2) Providing Adequate Protection; and (3) Granting Liens, Security Interests and Superpriority Claims Filed by C. Davin Boldissar on behalf of German Pellets Louisiana, LLC, Debtor From Consolidated Case 16-80163, Louisiana Pellets, Inc. (Attachments: # 1 Proposed Order # 2 Exhibit) (Boldissar, C.) (Entered: 03/15/2016)

Louisiana Pellets, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 18, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the Western District of Louisiana . The case number for the lead bankruptcy case is 16-80162. The bankruptcy case is currently assigned to United States Bankruptcy Judge John Kolwe . The law firm of Locke Lord Bissell & Liddell LLP is acting as lead bankruptcy counsel to Louisiana Pellets, Inc. in the bankruptcy case.


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