Hydrocarb Energy Corporation Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing





On May 24, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Hydrocarb Energy Corporation and its affiliates.

The filing was assigned docket number 100 and is described on the court’s official docket as follows:

Emergency Motion for an Order Authorizing the Trustee to Incur Post-Conversion Secured Indebtedness Filed by Trustee Rodney D Tow (Attachments: # (1) Exhibit 1 # (2) Exhibit 2 # (3) Exhibit 3 # (4) Proposed Order # (5) Exhibit 1 # (6) Exhibit 2 # (7) Exhibit 3) (Koenig, Julie)

Hydrocarb Energy Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 13, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Texas . The case number for the lead bankruptcy case is 16-31922. The bankruptcy case is currently assigned to United States Bankruptcy Judge David Jones. The law firm of Okin & Adams LLP is acting as lead bankruptcy counsel to Hydrocarb Energy Corporation in the bankruptcy case.

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