HTML Document View

Full title: Order Granting Application for Approval of the Employment of Stewart Robbins Brown & Altazan, LLC as Counsel to the Official Committee of Unsecured Creditors, Effective as of March 12, 2021 (Related Doc # 156) Signed on 5/4/2021. (TylerLaws) (Entered: 05/04/2021)

Document posted on May 3, 2021 in the bankruptcy, 3 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

Debtors 1 § § (Jointly Administered) ORDER GRANTING APPLICATION FOR APPROVAL OF THE EMPLOYMENT OF STEWART ROBBINS BROWN & ALTAZAN, LLC AS COUNSEL TO THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS, EFFECTIVE AS OF MARCH 12, 2021 (Docket No.Unsecured Creditors (the “Committee”) of Castex Energy 2005 Holdco, LLC, and the affiliated jointly administered debtors and debtors-in-possession (the “Debtors”), appointed pursuant to section 1102 of Title 11 of the United States Code (the “Bankruptcy Code”) in the above-captioned Chapter 11 cases (the “Chapter 11 Cases”) for entry of an order authorizing the employment and retention of Stewart Robbins Brown & Altazan LLC (“SRBA”) as lead counsel for the Committee, effective March 12, 2021, pursuant to sections 328 and 1103 of the Bankruptcy Code, Rule 2014 and 2016 of the Federal Rules of Bankruptcy Procedure (the “Bankruptcy Rules”), and Rules 2014-1 and 2016-1 of the Local Rules of the United States Bankruptcy Court for the Southern 1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, as applicable, are: Castex Energy 2005 Holdco, LLC (6832); Castex Energy 2005, LLC (6832); Castex Energy Partners, LLC (6832); and Castex Offshore, Inc. (8432).District of Texas (the “Local Bankruptcy Rules”); and upon the Declarations of Paul Douglas Stewart, Jr. (the “Stewart Declaration”) and Cody Sims of Shore Offshore Services LLC filed in Support of the Application; and the Court having jurisdiction to consider the Application and the relief requested therein being a core proceeding in accordance with 28 U.S.C. § 157(b)(2) on which the Court may enter a final order consistent with Article III of the United States Constitution; and venue being properly in this district under 28 U.S.C. §§ 1408 and 1409; and having found based on the representations made in the Application and the Stewart Declaration that (i) SRBA does not hold or represent any interest adverse to the Committee with respect to the matters for which it is being retained; (ii) SRBA is a “disinterested person” as that phrase is defined in section 101(14) of the Bankruptcy Code (as modified by section 1103(b) of the Bankruptcy Code); (iii) neither SRBA nor its professionals have any connection with the Debtors, their estates, or creditors, except as disclosed in the Stewart Declaration; and (iv) SRBA’s employment and retention is necessary and in the best interest of the Debtors’ estates, their creditors and other parties in interest; and good and adequate notice of the Application having been given under the circumstances and it appearing that no other or further notice need be provided; and it appearing that the legal and factual bases set forth in the Application establish just cause for the relief granted herein; and after due deliberation and sufficient cause appearing therefore, IT IS HEREBY ORDERED THAT: 1. SRBA’s employment and retention is necessary

List of Tables

Document Contents

IN THE UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION ENTERED 05/04/2021 In re: § § Case No. 21-30710 (MI) CASTEX ENERGY 2005 HOLDCO, § LLC, et al., § Chapter 11 § Debtors 1 § § (Jointly Administered) ORDER GRANTING APPLICATION FOR APPROVAL OF THE EMPLOYMENT OF STEWART ROBBINS BROWN & ALTAZAN, LLC AS COUNSEL TO THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS, EFFECTIVE AS OF MARCH 12, 2021 (Docket No. 156-1) Upon the application (the “Application”)2 of the Official Committee of Unsecured Creditors (the “Committee”) of Castex Energy 2005 Holdco, LLC, and the affiliated jointly administered debtors and debtors-in-possession (the “Debtors”), appointed pursuant to section 1102 of Title 11 of the United States Code (the “Bankruptcy Code”) in the above-captioned Chapter 11 cases (the “Chapter 11 Cases”) for entry of an order authorizing the employment and retention of Stewart Robbins Brown & Altazan LLC (“SRBA”) as lead counsel for the Committee, effective March 12, 2021, pursuant to sections 328 and 1103 of the Bankruptcy Code, Rule 2014 and 2016 of the Federal Rules of Bankruptcy Procedure (the “Bankruptcy Rules”), and Rules 2014-1 and 2016-1 of the Local Rules of the United States Bankruptcy Court for the Southern 1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, as applicable, are: Castex Energy 2005 Holdco, LLC (6832); Castex Energy 2005, LLC (6832); Castex Energy Partners, LLC (6832); and Castex Offshore, Inc. (8432). The Debtors’ mailing address is: One Memorial City Plaza, 800 Gessner Rd., Suite 925, Houston, TX 77024. 2 Capitalized terms used but not otherwise defined herein shall have the meaning set forth in the Application.

1

District of Texas (the “Local Bankruptcy Rules”); and upon the Declarations of Paul Douglas Stewart, Jr. (the “Stewart Declaration”) and Cody Sims of Shore Offshore Services LLC filed in Support of the Application; and the Court having jurisdiction to consider the Application and the relief requested therein being a core proceeding in accordance with 28 U.S.C. § 157(b)(2) on which the Court may enter a final order consistent with Article III of the United States Constitution; and venue being properly in this district under 28 U.S.C. §§ 1408 and 1409; and having found based on the representations made in the Application and the Stewart Declaration that (i) SRBA does not hold or represent any interest adverse to the Committee with respect to the matters for which it is being retained; (ii) SRBA is a “disinterested person” as that phrase is defined in section 101(14) of the Bankruptcy Code (as modified by section 1103(b) of the Bankruptcy Code); (iii) neither SRBA nor its professionals have any connection with the Debtors, their estates, or creditors, except as disclosed in the Stewart Declaration; and (iv) SRBA’s employment and retention is necessary and in the best interest of the Debtors’ estates, their creditors and other parties in interest; and good and adequate notice of the Application having been given under the circumstances and it appearing that no other or further notice need be provided; and it appearing that the legal and factual bases set forth in the Application establish just cause for the relief granted herein; and after due deliberation and sufficient cause appearing therefore, IT IS HEREBY ORDERED THAT: 1. SRBA’s employment and retention is necessary and in the best interest of the creditors of the Debtors and their estates, and SRBA is authorized to provide the Committee with the professional services as described in the Application. 2. The Committee is authorized to retain SRBA as its lead counsel effective as of March 12, 2021, pursuant to 11 U.S.C. § 328 and 1103 under the terms and conditions set forth in the Application and the Stewart Declaration.

2

3. SRBA shall use its reasonable efforts to avoid any duplication of services with the Committee’s other retained professionals in these chapter 11 cases. 4. SRBA shall apply for compensation for professional services rendered and reimbursement of expenses incurred in connection with the Debtors’ Chapter 11 Cases in compliance with section 330 of the Bankruptcy Code and applicable provisions of the Bankruptcy Rules, Local Rules, and any other applicable procedures and orders of the Court. SRBA intends to make a reasonable effort to comply with the U.S. Trustee’s requests for information and additional disclosure as set forth in the Guidelines for Reviewing Applications for Compensation and Reimbursement of Expenses Filed Under 11 U.S.C. § 330 by Attorneys in Larger Chapter 11 Cases effective as of November 1, 2013, both in connection with the Application and the interim and final fee applications to be filed by SRBA in these Chapter 11 Cases. 5. Ten (10) business days’ notice shall be provided by SRBA to the Debtors, the United States Trustee, and any official committee prior to any increases in the rates set forth in the Application, and such notice must be filed with the Court. 6. The United States Trustee may object to SRBA’s expenses on any grounds. 7. The terms and conditions of this Order shall be immediately effective and enforceable upon its entry. To the extent this Order conflicts with the Application and/or the Stewart Declaration, the terms of this Order control. 8. The Court shall retain jurisdiction to hear and determine all matters arising from the implementation of this Order. SigDneadte: dMO: _ca_tyo_ b0_e4_r,_ 12_70_,2_ 21_0_1_8____, 2021 ____ ______________________________ The H onorable Marvin Isgur United States Bankruptcy Judge ____________________________________ Marvin Isgur United States Bankruptcy Judge

3