Petters Company, Inc. Bankruptcy New Filing Alert: Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On June 10, 2014, a motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Petters Company, Inc. and its affiliates.

The filing was assigned docket number 2348 and is described on the court’s official docket as follows:

Notice of Hearing and Motion for Authorization to Engage in Transactions Outside the Ordinary Course of Business under 11 USC 363(b) filed by Douglas A Kelley . An affidavit or verification, Memorandum of law, Proof of service, Proposed order. Hearing scheduled 6/24/2014 at 01:30 PM at Courtroom 2A, 2nd floor, 316 North Robert Street, St. Paul, Judge Gregory F. Kishel. (Jamie MNBS) (Entered: 06/10/2014)

Petters Company, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 11, 2008. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Minnesota. The case number for the lead bankruptcy case is 08-45257. The bankruptcy case is currently assigned to United States Bankruptcy Judge Gregory Kishel. The law firm of Lindquist & Vennum P.L.L.P. is acting as lead bankruptcy counsel to Petters Company, Inc. in the bankruptcy case.

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