Green Field Gets Interim OK For $30M Bankruptcy Loan

Law360, Wilmington (October 29, 2013, 3:40 PM ET) -- A Delaware bankruptcy judge gave the interim nod Tuesday to a $30 million post-petition loan for oil services company Green Field Energy Services Inc., but a fight may be brewing with a group of noteholders over final approval of the facility.

An attorney for an ad hoc group of noteholders in the case told U.S. Bankruptcy Judge Kevin Gross that unless several changes are made to the debtor-in-possession loan, particularly with regard to priming liens connected to the facility, his clients intend to object when it...
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