Form Ccp-2 - Order For Complex Chapter 11 Bankruptcy Case Page 5
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7Form CCP-2
d.
Without leave of court, no omnibus objection to claims is permitted on substantive grounds. A
separate objection to each claim is required.
e.
At least 48 hours before the hearing on an Objection based on substantive grounds, a Notice of
Submission of Copies of Proofs of Claim is to be filed stating that copies of the claims together
with any attachments have been delivered to chambers and that copies can be requested from the
Debtor’s counsel.
f.
Any claimant may request to participate telephonically in a hearing on an Objection to proofs of
claim by calling the courtroom deputy at least 24 hours prior to the scheduled hearing time. If
more than one party is appearing, the Debtor’s counsel shall conference all interested parties and
place on call to the Court.
g.
Where a hearing on an Objection to a claim will involve substantial time, the Court may schedule
it for a separate hearing date.
11.
Debtor in Possession Bank Accounts:
a.
Bank Accounts and Checks. Where the Debtor uses pre-printed checks, upon motion of the
Debtor, the Court may, without notice and hearing, permit the Debtor to use its existing checks
without the designation “Debtor in possession” and use its existing bank accounts. However, once
the Debtor’s existing checks have been used, the Debtor shall, when reordering checks require
the designation of“Debtor in possession” and the corresponding bankruptcy number on all such
checks.
b.
Sections 345 Waiver. No waiver of the investment requirements of 11 U.S.C. § 345 shall be
granted by the Court, except on notice with an opportunity for hearing. However, if a motion for
such a waiver is filed on the first day of a Chapter 11 case in which there are more than 200
creditors, the Court may grant an interim waiver until a hearing on the Debtor’s motion can be held.
Cash Collateral and Financing Orders:
12.
a.
Motions. Except as provided herein, all cash collateral and financing requests under 11 U.S.C.
§§ 363 and 364 shall be heard by motion filed pursuant to Federal Bankruptcy Rule 2002, 4001
and 9014 (“Financing Motions”).
i.
Provisions to be Highlighted. All Financing Motions must (1) recite whether the proposed
form of order and/or underlying cash collateral stipulation or loan agreement contains any
provision of the type indicated below, (2) identify the location of any such provision in the
proposed form of order, cash collateral stipulation and/or loan agreement, and (3) the
justification for the inclusion of such provision.
(A)
Provisions that grant cross-collateralization protection (other than replacement
liens or other adequate protection) to the prepetition secured creditors (i.e.,
clauses that secure prepetition debt by postpetition assets in which the secured
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