Sunday, February 19, 2012

Deadlines Set for Responses to Entry of Final Order Approving Debtor's Use of Cash Collateral and Additional Pleadings

On 2/15/12, the Bankruptcy Court entered a Second Interim Order Authorizing Use of Cash Collateral (“Order”) with respect to the Debtor's continued access to operating funds during the pendency of its Bankruptcy Case.  Concurrently therewith the Court also scheduled a hearing on the final entry of the Order for 3/22/12 at 3:00 p.m. in the Bankruptcy Courtroom, U.S. Courthouse, 17 South Park Row, Erie, with responses to the Order due by 3/15/12.  If no responses are filed, the hearing will be cancelled and the Order will become final.

Also on 2/15/12 the Bankruptcy Court scheduled a hearing on the Motion by Debtor for Entry of Administrative Order Regarding Interim Payment of Compensation and Reimbursement of Expenses of Professionals for 3/22/12 at 3:00 p.m. in the Bankruptcy Courtroom, with responses to the Motion due by 3/15/12.  


In addition, the Debtor's Application to Employ Richard N. Selby, II, Melvyn E. Resnick, Jodi Littman Tomaszewski, Erik L. Walter and Howard S. Rabb and the law firm of Dworken & Bernstein Co., L.P.A. as Special Counsel and the Debtor's Application to Employ James E. Sprague and Walthall, Drake & Wallace, LLP as Accountants are currently scheduled for hearing on 3/8/12 at 9:30 a.m., with responses to the Applications due by 3/1/12.  An Order Granting Application to Employ Bernstein Law Firm, P. C. as Attorney for Oz Gas, LTD was previously entered on 2/7/2012.