Swiss Chalet, 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 Swiss Chalet, Inc. and its affiliates.

The filing was assigned docket number 620 and is described on the court’s official docket as follows:

ORDER: Upon the arguments and evidence submitted, the court hereby orders as follows: 1. The Debtors request to have properties under cadaster nos. 040-050-191-19-001, 040-050-191-35-901, 040-060-191-17-001, 040-060-191-05-001 and 040-050-191-42-001 registered in the name of the Debtor is denied as moot. 2. The Debtor is ordered to submit to CRIM evidence of its title over the property under cadaster no. 040-050-191-04-001 within 14 days. 3. The Debtor is ordered to submit to CRIM evidence of the tax exemption decrees for the properties under cadaster nos. 040-050-191-35-901, 040-060-191-17-001, 040-060-191-05-001 and 040-050-191-04-001 within 14 days. 4. CRIM is hereby ordered to file a brief within 14 days as to why the pre-petition debts in the Statement of Account were not paid by the Debtor pursuant to Docket Nos. 374 , 397, 399 and 429, as proposed by the Debtor. Failure to do so will result in the court deeming them paid. Signed on 6/17/2014. Order due by 7/1/2014. (RE: related document(s)[609], [610], [614], [615]).(RODRIGUEZ RODRIGUEZ, DENNIS)

Swiss Chalet, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 27, 2011. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Puerto Rico. The case number for the lead bankruptcy case is 11-04414. The bankruptcy case is currently assigned to United States Bankruptcy Judge Enrique Lamoutte Inclan. The law firm of Charles A. Cuprill, P.S.C. is acting as lead bankruptcy counsel to Swiss Chalet, Inc. in the bankruptcy case.

* * * * * * * * * * * * * * * * * * * *

Chapter 11 Dockets is the most efficient, effective way to research bankruptcy cases and identify precedent.

Because it was designed by experienced restructuring professionals and is chapter 11 specific in focus, Chapter 11 Dockets is optimized for the unique needs of bankruptcy practitioners.

Learn more and sign up for a free trial by visiting

* * * * * * * * * * * * * * * * * * * *

Leave a Reply