Powell Valley Health Care, Inc. Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing





On May 16, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Powell Valley Health Care, Inc. and its affiliates.

The filing was assigned docket number 16 and is described on the court’s official docket as follows:

Expedited Motion to Use Cash Collateral and for EXPEDITED ENTRY OF AN INTERIM AND FINAL ORDER (I) AUTHORIZING USE OF CASH COLLATERAL; (II) PROVIDING FOR ADEQUATE PROTECTION PAYMENTS; AND, (III) GRANTING RELATED RELIEF. Filed on behalf of Powell Valley Health Care, Inc. by Bradley T Hunsicker. (Attachments: # 1 Exhibit A – Budget to Cash Collateral Motion – EX A Budget FINAL (Z0113536xCE4C7) # 2 Exhibit B – Interim Proposed Order for use of CC – FINAL (Z0113187xCE4C7) # 3 Exhibit C- Final Proposed Order for use of CC – FINAL (Z0113418xCE4C7)) (Hunsicker, Bradley)

Powell Valley Health Care, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 16, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Wyoming . The case number for the lead bankruptcy case is 16-20326. The bankruptcy case is currently assigned to United States Bankruptcy Judge Cathleen Parker. The law firm of Markus Williams Young & Zimmermann LLC is acting as lead bankruptcy counsel to Powell Valley Health Care, Inc. in the bankruptcy case.

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