ConnectEdu, 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 13, 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 ConnectEdu, Inc. and its affiliates.

The filing was assigned docket number 164 and is described on the court’s official docket as follows:

Order Authorizing and Approving (A) Sale of Substantially All of Experience, Inc.’s Assets Free and Clear of Liens, Claims, and Encumbrances and (B) Assumption and Assignment of Certain Executory Contracts and Unexpired Leases signed on 6/13/2014. (related document(s)[55]) (Chien, Jason)

ConnectEdu, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 28, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 14-11238. The bankruptcy case is currently assigned to United States Bankruptcy Judge Shelley Chapman. The law firm of Lowenstein Sandler PC is acting as lead bankruptcy counsel to ConnectEdu, Inc. in the bankruptcy case.

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