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Yesterday's Key Bankruptcy Court Filings Regarding Debtor-In-Possession Financing & The Use Of Cash Collateral: Feb. 3, 2014

Our Chapter 11 Dockets product (learn more here: www.chapter11dockets.com) tracks every document filed in over 1,750 of the largest corporate chapter 11 cases filed nationwide. That's over 1,000 separate docket entries on the average day.

Below, we've gathered a list of some of the most important and interesting documents on this topic that have been filed from Friday through late afternoon/early evening last night.

Click on the document summary to view a more detailed description of the document.

    • Case Name: ASR-8 Centre LP
      • Document Summary: Second Interim Order (NYSE:I) Authorizing The Debtors To Use Cash Collateral Of Existing Secured Lenders And (II) Granting Adequate Protection For Use Thereof Signed on 2/3/2014 (Related document(s):[3] Motion to Use Cash Collateral) Hearing scheduled for 3/28/2014 at 09:00 AM at Houston, Courtroom 400 (NYSEMKT:DRJ). (aalo)
    • Case Name: Cengage Learning, Inc.
      • Document Summary: Order Authorizing the Debtors to (NYSE:A) Enter into engagement letters to obtain exit financing and related fee letters, (NYSE:B) Incur and pay associated fees and expenses, and (NYSE:C) File the exit financing letters under seal. The automatic stay is hereby modified to the extent necessary to enable the Arranger Parties to perform under the Exit Financing Letters and to exercise any and all of their contractual rights thereunder. Any reimbursement of the Arranger Parties' reasonable and documented fees and expenses under the Exit FinancingLetters shall be paid from Cash Collateral (related document(s)[909] Motion to Authorize/Direct filed by Debtor Cengage Learning, Inc.) Signed on 2/3/2014 (mna)
    • Case Name: LightSquared Inc. (a/k/a SkyTerra Communications, Inc.)
      • Document Summary: Response / SP Special Opportunities, LLC's Further Objection to LightSquared's Motion for Order (A) Authorizing LP DIP Obligors to Obtain Superpriority Senior Secured Priming Postpetition Financing, (B) Granting Superpriority Liens and Providing Superpriority Administrative Expense Status, (C) Granting Adequate Protection, and (NYSE:D) Modifying Automatic Stay (related document(s)[1280], [1237]) filed by James C. Dugan on behalf of SP Special Opportunities, LLC. with hearing to be held on 1/31/2014 at 10:00 AM at Courtroom 621 (NYSEARCA:SCC) (Attachments: # (1) Exhibit A - Dugan Declaration # (2) Exhibit B # (3) Exhibit C) (Dugan, James)
    • Case Name: LightSquared Inc. (a/k/a SkyTerra Communications, Inc.)
      • Document Summary: Response / The Independent Ad Hoc Secured Group of LightSquared LP Lenders' (I) Response to SP Special Opportunities, LLC's Objection to LightSquared's Motion for Order (A) Authorizing LP DIP Obligors to Obtain Superpriority Senior Secured Priming Postpetition Financing, (B) Granting Superpriority Liens and Providing Superpriority Administrative Expense Status, (C) Granting Adequate Protection, and (D) Modifying Automatic Stay, (II) Objection to Alternative DIP Financing Proposal, and (NASDAQ:III) Statement in Support of LightSquared's Motion (related document(s)[1258], [1237]) filed by Glenn M. Kurtz on behalf of Ad Hoc Group of LightSquared LP Lenders. (Kurtz, Glenn)
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