Frac Specialists, LLC Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code





On May 16, 2016, a motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Frac Specialists, LLC and its affiliates.

The filing was assigned docket number 530 and is described on the court’s official docket as follows:

Motion for leave – Joint Motion of Debtors and Official Unsecured Creditors’ Committee to Approve Bid Procedures and Related Procedures for Resolving Cure Claims Filed by Consolidated debtor Acid Specialists, LLC, Cement Specialists, LLC, Debtor Frac Specialists, LLC, Creditor Committee Official Unsecured Creditors’ Committee (Lankford, Lynda)

Frac Specialists, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 17, 2015. 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 15-41974. The bankruptcy case is currently assigned to United States Bankruptcy Judge D. Michael Lynn. The law firm of Forshey & Prostok LLP is acting as lead bankruptcy counsel to Frac Specialists, LLC in the bankruptcy case.

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