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2016-04-25_GENERAL DOCUMENTS - C1994082 (15)
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2016-04-25_GENERAL DOCUMENTS - C1994082 (15)
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Last modified
8/24/2016 6:21:08 PM
Creation date
4/26/2016 1:39:59 PM
Metadata
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Template:
DRMS Permit Index
Permit No
C1994082
IBM Index Class Name
General Documents
Doc Date
4/25/2016
Doc Name
Amended Interim Order Granting in Part and Continuing in Part
From
United State Bankruptcy
To
DRMS
Permit Index Doc Type
General Correspondence
Email Name
JRS
MPB
JHB
Media Type
D
Archive
No
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Case 16-42529 Doc 191 Filed 04/18/16 Entered 04/18/16 15:52:23 Main Document <br />Pg2of9 <br />presented at the Hearing, to the extent it is applicable; (vi) there is good cause to waive the 14 -day stay <br />imposed by Bankruptcy Rule 6004(h), to the extent it is applicable; (vii) authorizing the Debtors to pay <br />in their discretion the Essential Supplier Claims (a) prevent serious disruptions to the Debtors' business <br />operations that potentially would cause immediate and irreparable harm thereto and (b) preserve the <br />going concern value of the Debtors' businesses and the Debtors' estates for the benefit of all <br />stakeholders; and (viii) the legal and factual bases set forth in the Motion, First Day Declaration and <br />Supporting Declaration and at the Hearing establish just cause for the relief granted herein; <br />ORDERED that, pursuant to sections 105(a), 363 and 503(b)(9) of the Bankruptcy Code, the <br />Motion to pay Essential Supplier Claims is GRANTED in part on an interim basis and CONTINUED <br />in part, which supersedes and replaces in its entirety the Interim Order Granting in Part and Continuing <br />in Part, Pursuant to Sections 105(a), 363 and 503(b)(9) of the Bankruptcy Code, Authorizing the <br />Debtors and Debtors in Possession to Pay Prepetition Claims of Certain Essential Suppliers and <br />Service Providers and Scheduling Order, in that: <br />1. The Motion for interim relief to pay 20 -Day Administrative Claims is continued <br />until the hearing scheduled for May 17, 2016, at 10:00 a.m. (Central Time) at the United States <br />Bankruptcy Court, Eastern District of Missouri, United States Courthouse, Thomas F. Eagleton Federal <br />Building, 5th Floor, North Courtroom, 111 S. 10th Street, St. Louis, Missouri, 63102. Any objections <br />related to the Debtors' request to pay 20 -Day Administrative claims shall be due by 5:00 p.m. Central <br />Time on May 12, 2016. <br />2. The Debtors are authorized, but not directed, to pay, in their discretion, to the <br />extent permitted by the Debtors' postpetition secured debtor-in-possession financing and in the <br />ordinary course of their businesses, the Essential Supplier Claims in an aggregate amount not to exceed <br />approximately $10.3 million (the "Essential Suppliers Cap"); provided, however, that in the first 21 <br />-2- <br />
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