Gridway Energy Holdings, 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 17, 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 Gridway Energy Holdings, Inc. and its affiliates.

The filing was assigned docket number 377 and is described on the court’s official docket as follows:

Order (I) Authorizing The Sale of the Debtors’ Assets Free and Clear of Liens, Claims, Encumbrances, and Other Interests, (II) Authorizing The Assumption and Assignment of Certain Executory Contracts and Unexpired Leases in Connection Therewith, and (III) Granting Related Relief. (related document(s)[13], [191], [374]) Order Signed on 6/17/2014. (Attachments: # (1) Exhibit A # (2) Exhibit B) (DMC)

Gridway Energy Holdings, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 10, 2014. 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 14-10833. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Patton Boggs LLP is acting as lead bankruptcy counsel to Gridway Energy Holdings, Inc. in the bankruptcy case.

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