MicroBilt Corporation  Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Assume And/Or Assign Agreements

On November 15, 2013, an order regarding the motion for authority to assume and/or assign agreements was filed in the bankruptcy case of MicroBilt Corporation  and its affiliates. The filing was assigned docket number 926 and is described on the court’s official docket as follows:

Order (I) Granting Injunction, (II) Directing Chex Systems, Inc. To Rescind Notice of Termination of The Resale Agreement, (III) Declaring Said Termination Null And Void, AB Initio, (IV) Directing Chex To Immediately Restore All Services And Data To Microbilt, And (V) Granting Related Relief (Related Doc # [914]). Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 11/15/2013. (wir)

MicroBilt Corporation  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 18, 2011. The bankruptcy case is pending before the United States Bankruptcy Court for the District of New Jersey. The case number for the lead bankruptcy case is 11-18143. The bankruptcy case is currently assigned to United States Bankruptcy Judge Michael Kaplan. The law firm of Lowenstein Sandler PC is acting as lead bankruptcy counsel to MicroBilt Corporation  in the bankruptcy case.

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