Case number: 1:25-bk-11696 - US Magnesium LLC - Delaware Bankruptcy Court

Case Information
  • Case title

    US Magnesium LLC

  • Court

    Delaware (debke)

  • Chapter

    11

  • Judge

    Brendan Linehan Shannon

  • Filed

    09/10/2025

  • Last Filing

    09/17/2025

  • Asset

    Yes

  • Vol

    v

Docket Header
PlnDue, DsclsDue, CLMSAGNT



U.S. Bankruptcy Court
District of Delaware (Delaware)
Bankruptcy Petition #: 25-11696-BLS

Assigned to: Brendan Linehan Shannon
Chapter 11
Voluntary
Asset

Date filed:  09/10/2025

Debtor

US Magnesium LLC

238 N 2200 W
Salt Lake, UT 84116
SALT LAKE-UT
Tax ID / EIN: 01-0705446

represented by
Michael G. Busenkell

Gellert Seitz Busenkell & Brown, LLC
1201 N. Orange St.
3rd Floor
Wilmington, DE 19801
302-425-5812
Fax : 302-425-5814
Email: mbusenkell@gsbblaw.com

Margaret Manning

Gellert Seitz Busenkell & Brown, LLC
1201 N Orange Street
Suite 300
Wilmington, DE 19801
302-416-3344
Email: mmanning@gsbblaw.com

Michael David Van Gorder

Gellert Seitz Busenkell & Brown, LLC
1201 N. Orange St
Wilmington, DE 19801
302-562-5045
Email: mvangorder@gsbblaw.com

U.S. Trustee

U.S. Trustee

Office of the United States Trustee
J. Caleb Boggs Federal Building
844 King Street, Suite 2207
Lockbox 35
Wilmington, DE 19801
(302)-573-6491

represented by
Jane M. Leamy

Office of the U.S. Trustee
844 King St.
Suite 2207
Wilmington, DE 19801
302-573-6491
Fax : 302-573-6497
Email: jane.m.leamy@usdoj.gov

Claims Agent

Stretto, Inc.
 
 

Latest Dockets

Date Filed#Docket Text
09/16/202544Motion to Appear pro hac vice of Andrew B. Kratenstein. Receipt Number 4789815, Filed by Kaiser Aluminum Warrick, LLC. (Hurst, David) (Entered: 09/16/2025)
09/16/202543Motion to Appear pro hac vice of Darren Azman. Receipt Number 4789815, Filed by Kaiser Aluminum Warrick, LLC. (Hurst, David) (Entered: 09/16/2025)
09/16/2025Attorney Darren Azman and David R. Hurst for Kaiser Aluminum Warrick, LLC, Andrew B. Kratenstein and David R. Hurst for Kaiser Aluminum Warrick, LLC added to case Filed by Kaiser Aluminum Warrick, LLC. (Hurst, David) (Entered: 09/16/2025)
09/16/202542Notice of Appearance. Filed by Kaiser Aluminum Warrick, LLC. (Hurst, David) (Entered: 09/16/2025)
09/15/202541Motion For Sale of Property Free and Clear of Liens(FEE) Debtor's Motion For Entry of (I) an Order (A) Approving Bid Procedures in Connection With The Sale of Substantially All of The Debtors Assets, (B) Approving The Form and Manner of Notice Thereof, (C) Scheduling an Auction and Sale Hearing, (D) Approving Procedures For The Assumption and Assignment of Contracts and Leases, and (E) Granting Related Relief and (II) an Order (A) Approving The Stalking Horse APA Between The Debtor and The Stalking Horse Bidder, (B) Authorizing The Sale to The Stalking Horse Bidder or The Successful Bidder of Substantially All of The Debtors Assets Free and Clear Of Liens, Claims, Encumbrances, and Interests, (C) Authorizing The Assumption and Assignment of Contracts and Leases, and (D) Granting Related Relief Fee Amount $199 Filed by US Magnesium LLC. Hearing scheduled for 10/6/2025 at 11:00 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #1, Wilmington, Delaware. Objections due by 9/29/2025. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Notice) (Busenkell, Michael) (Entered: 09/15/2025)
09/15/202540Affidavit/Declaration of Service re: Affidavit/Declaration in Support of First Day Motion Declaration of Ron Thayer in Support of First Day Motions Filed By US Magnesium LLC (Busenkell, Michael), Application to Appoint Claims/Noticing Agent STRETTO Filed By US Magnesium LLC (Busenkell, Michael), Motion to Pay Employee Wages The Debtor's Motion For Entry of Interim and Final Orders (I) Authorizing The Debtor to (A) Pay Certain Employee Compensation and Benefits, and (B) Maintain and Continue Such Benefits and Other Employee-Related Programs and (II) Granting Related Relief Filed By US Magnesium LLC (Busenkell, Michael), Motion Prohibiting Utilities from Discontinuing Service Debtor's Motion For Interim and Final Orders (I) Prohibiting Utility Companies From Discontinuing, Altering, or Refusing Service, (II) Deeming Utility Companies to Have Adequate Assurance of Payment, and (III) Establishing Procedures For Resolving Requests For Additional Assurance Pursuant To 11 U.S.C. §§ 105 and 366 Filed By US Magnesium LLC (Busenkell, Michael), Motion Regarding Chapter 11 First Day Motions Debtor's Motion For Entry of Interim and Final Orders Authorizing The Debtor to (I) Maintain, Continue, and Renew Its Property, Liability and Other Insurance Policies and Agreements, Surety Bonds and Letters Of Credit and (II) Honor All Obligations in Respect Thereof Filed By US Magnesium LLC (Busenkell, Michael), Motion to Maintain Bank Accounts The Debtor's Motion For an Order (I) Authorizing The Debtor to (A) Continue and Maintain Its Consolidated Cash Management System, (B) Continue and Maintain Its Existing Bank Accounts, (C) Use Existing Business Forms and (D) Continue to Perform Intercompany Transactions; and (II) Granting Related Relief Filed By US Magnesium LLC (Busenkell, Michael), Motion to Approve Debtor In Possession Financing Filed By US Magnesium LLC (Attachments: # (1) Exhibit A # (2) Exhibit B)(Busenkell, Michael), Declaration in Support Declaration of J Scott Victor in Support of Debtors Motion For Interim and Final Orders (I) Authorizing The Debtor to (A) Obtain Postpetition Financing, (B) Grant Senior Secured Priming Liens and Superpriority Administrative Expense Claims and (C) Utilize Cash Collateral; (II) Granting Adequate Protection; (III) Modifying The Automatic Stay; (IV) Scheduling Final Hearing; and (V) Granting Related Relief (related document(s)10) Filed by US Magnesium LLC. (Busenkell, Michael), Order Approving Application Appointing STRETTO as Claims and Noticing Agent for the Debtors Pursuant to 28 U.S.C. 156(c) (Related Doc # 5) Order Signed on 9/12/2025. (Attachments: # (1) Exhibit 1) (JMW), Order Approving Motion Prohibiting Utilities from Discontinuing Service. (Related Doc # 7) Order Signed on 9/12/2025. (JMW), INTERIM DEBTOR TO (I) MAINTAIN EXISTING INSURANCE POLICIES AND PAY ALL INSURANCE OBLIGATIONS, SURETY BONDS AND LETTERS OF CREDIT ARISING THEREUNDER, AND (II) TO RENEW, REVISE, EXTEND, SUPPLEMENT, CHANGE OR ENTER INTO NEW INSURANCE POLICIES SURETY BONDS AND LETTERS OF CREDIT (Related Doc # 8) Order Signed on 9/12/2025. (JMW), Order Approving Motion to Maintain Bank Accounts (Related Doc # 9) Order Signed on 9/12/2025. (Attachments: # (1) Exhibit 1 # (2) Exhibit 2 # (3) Exhibit 3) (JMW), Order Approving Motion to Pay Employee Wages. (Related Doc # 6) Order Signed on 9/12/2025. (JMW), Interim Order Approving Motion to Approve Debtor In Possession Financing (Related Doc # 10) Order Signed on 9/12/2025. (Attachments: # (1) Exhibit A # (2) Exhibit B) (JMW). Filed by Stretto, Inc.. (related document(s)4, 5, 6, 7, 8, 9, 10, 11, 26, 27, 28, 29, 30, 32) (Betance, Sheryl) (Entered: 09/15/2025)
09/15/202539Application/Motion to Employ/Retain SSG Advisors, LLC as Investment Banker to the Debtor Filed by US Magnesium LLC. Hearing scheduled for 10/6/2025 at 11:00 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #1, Wilmington, Delaware. Objections due by 9/29/2025. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C # 4 Notice) (Manning, Margaret) (Entered: 09/15/2025)
09/15/202538Application/Motion to Employ/Retain Carl Marks Advisory Group LLC as Chief Restructuring Officer for the Debtor Filed by US Magnesium LLC. Hearing scheduled for 10/6/2025 at 11:00 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #1, Wilmington, Delaware. Objections due by 9/29/2025. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C # 4 Notice) (Manning, Margaret) (Entered: 09/15/2025)
09/15/202537Application/Motion to Employ/Retain Gellert Seitz Busenkell & Brown, LLC as Debtor's Counsel Filed by US Magnesium LLC. Hearing scheduled for 10/6/2025 at 11:00 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #1, Wilmington, Delaware. Objections due by 9/29/2025. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Notice) (Manning, Margaret) (Entered: 09/15/2025)
09/15/202536Request for Transcript of hearing held on September 12, 2025 received. To obtain a copy of this transcript, contact the Court Reporter/Transcriber Reliable Companies, Telephone number 302-654-8080 (RE: related document(s) 12). (Reliable Companies) (Entered: 09/15/2025)