On May 5, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of CHC Group Ltd. and its affiliates.
The filing was assigned docket number 12 and is described on the court’s official docket as follows:
Motion to use cash collateral / Motion of Debtors for Interim and Final Orders (I) Authorizing the Debtors to Utilize Cash Collateral; (II) Granting Adequate Protection to the Prepetition Secured Parties Pursuant to Sections 105, 361, 362, 363, and 507 of The Bankruptcy Code; and (III) Scheduling Final Hearing Pursuant to Bankruptcy Rule 4001(b) Filed by Debtor CHC Group Ltd. (Youngman, Stephen)
CHC Group Ltd. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 5, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of Texas . The case number for the lead bankruptcy case is 16-31854. The bankruptcy case is currently assigned to United States Bankruptcy Judge Judge Not Yet Assigned. The law firm of Weil, Gotshal & Manges LLP is acting as lead bankruptcy counsel to CHC Group Ltd. in the bankruptcy case.