Laboratory Partners, Inc.  Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On June 11, 2014, an order regarding the motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Laboratory Partners, Inc.  and its affiliates.

The filing was assigned docket number 552 and is described on the court’s official docket as follows:

Order Authorizing and Approving (A) The Sale Of Certain Assets of The Debtors Free and Clear of all Claims, Liens, Liabilities, Rights, Interests and Encumbrances to Amerathon, LLC Pursuant to 11 U.S.C. § 363; (B) The Debtor Entry into and Performance of their Obligations under The Asset Purchase Agreement and Ancillary Agreements; (C) The Debtors’ Assumption And Assignment Of Certain Specified Executory Contracts And Leases Pursuant to 11 U.S.C. § 365 And (D) Related Relief. (related document(s)[482]) Order Signed on 6/11/2014. (Attachments: # (1) Exhibit A (1) # (2) Exhibit A(2) # (3) Exhibit A (3) # (4) Exhibit A (4)) (NAB)

Laboratory Partners, Inc.  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 25, 2013. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 13-12769. The bankruptcy case is currently assigned to United States Bankruptcy Judge Peter Walsh. The law firm of Pillsbury Winthrop Shaw Pittman LLP is acting as lead bankruptcy counsel to Laboratory Partners, Inc.  in the bankruptcy case.

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