Metex Mfg. Corporation  Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Assume And/Or Assign Agreements

On June 23, 2014, an order regarding the motion for authority to assume and/or assign agreements was filed in the bankruptcy case of Metex Mfg. Corporation  and its affiliates.

The filing was assigned docket number 566 and is described on the court’s official docket as follows:

Order Authorizing and Approving (I) Assumption of that Certain Settlement, Mutual Release and Policy Buyback Agreement dated as of June 21, 2012 between Metex Mfg. Corporation, f/k/a Kentile Floors, Inc. and Travelers Casualty and Surety Company, f/k/a the Aetna Casualty and Surety Company, (II) Sale of Certain Insurance Policies Free and Clear of Claims and Interests, and (III) Certain Other Relief in Connection with the Plan of Reorganization (Related Doc # [373]) signed on 6/23/2014. (LaChappelle, Jennifer)

Metex Mfg. Corporation  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 9, 2012. 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 12-14554. The bankruptcy case is currently assigned to United States Bankruptcy Judge Burton Lifland. The law firm of Reed Smith LLP is acting as lead bankruptcy counsel to Metex Mfg. Corporation  in the bankruptcy case.

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