Choice Genetics USA, LLC Bankruptcy New Filing Alert: Order Regarding The Motion For Setoff Or Recoupment Of Claims

On June 17, 2014, an order regarding the motion for setoff or recoupment of claims was filed in the bankruptcy case of Choice Genetics USA, LLC and its affiliates.

The filing was assigned docket number 158 and is described on the court’s official docket as follows:

Docket Text Order Regarding Motion Seeking Approval of Stipulation for Prepetition Setoff and Lifting of Automatic Stay to Extent Needed. There being no timely objection to the motion, it is hereby Ordered that: (1) The motion is granted and the stipulation is approved. (2) Rule 6004(h) of the Federal Rules of Bankruptcy Procedure shall not apply. (3) Beyond notice of electronic filing, service of this order is waived. This order has been entered on the docket as directed by Judge Jackwig. (Related Doc # [146]). (Jackwig, Judge Lee)

Choice Genetics USA, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 13, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Iowa. The case number for the lead bankruptcy case is 14-00242. The bankruptcy case is currently assigned to United States Bankruptcy Judge Lee Jackwig. The law firm of Bradshaw, Fowler, Proctor & Fairgrave, P.C. is acting as lead bankruptcy counsel to Choice Genetics USA, LLC in the bankruptcy case.

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