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On February 27, 2014, a motion for authority to ob

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Post# of 49
Posted On: 02/28/2014 9:25:33 AM
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Posted By: 12 year pipedream
On February 27, 2014, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Cereplast, Inc. and its affiliates. The filing was assigned docket number 27 and is described on the court’s official docket as follows:

Motion for Authority on Debtor’s First Day Motion To (A) Use Cash Collateral On An Emergency Basis Pending A Final Hearing; (B) Incur Postpetition Debt On An Emergency Basis Pending A Final Hearing; And (C) Grant Adequate Protection And Provide Security And Other Relief To Horizon Technology Finance Company filed by Tamara Marie Leetham on behalf of Debtor Cereplast, Inc. (Attachments: (1) Exhibit A – DIP Loan Agreement (2) Exhibit B – Proposed Order (3) Exhibit C – Interim Proposed DIP Budget) (Leetham, Tamara)

Cereplast, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 10, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Indiana . The case number for the lead bankruptcy case is 14-90200. The bankruptcy case is currently assigned to United States Bankruptcy Judge Basil Lorch III. The law firm of Austin Legal Group is acting as lead bankruptcy counsel to Cereplast, Inc. in the bankruptcy case.

Keep er' going CERP$


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