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

On April 14, 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 7 and is described on the court’s official docket as follows:

Motion to Use Cash Collateral Filed by Debtor Hydrocarb Energy Corporation Hearing scheduled for 4/15/2016 at 11:00 AM at Houston, Courtroom 400 (DRJ). (Attachments: # 1 Exhibit A # 2 Exhibit B – Attorney Checklist # 3 Proposed Order) (Curry, David) (Entered: 04/14/2016)

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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