On June 7, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Seventy Seven Finance Inc. and its affiliates.
The filing was assigned docket number 35 and is described on the court’s official docket as follows:
[SEALED] Motion to Authorize Motion of Seventy Seven Finance Inc., et al., for Order Authorizing (A) Assumption of Exit Financing Commitment Letter, (B) Payment of Related Fees and Expenses, and (C) Indemnification of Commitment Parties (related document(s)) Filed by Seventy Seven Finance Inc.. (Attachments: # (1) Exhibit A # (2) Exhibit B # (3) Exhibit C) (Remming, Andrew)
Seventy Seven Finance Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 7, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware . The case number for the lead bankruptcy case is 16-11409. The bankruptcy case is currently assigned to United States Bankruptcy Judge Laurie Selber Silverstein. The law firm of Baker Botts LLP is acting as lead bankruptcy counsel to Seventy Seven Finance Inc. in the bankruptcy case.