On June 23, 2014, an objection to 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 OC Liquidation, Inc. (f/k/a Ormet Corporation) (2013) and its affiliates.
The filing was assigned docket number 1310 and is described on the court’s official docket as follows:
Objection LIMITED OBJECTION OF OHIO POWER COMPANY TO DEBTORS MOTION FOR ORDERS: (A)(I) APPROVING THE BIDDING PROCEDURES; (II) SCHEDULING HEARING TO CONSIDER SALE; (III) APPROVING FORM AND MANNER OF NOTICE THEREOF; AND (IV) AUTHORIZING BID PROTECTIONS; (B)(I) AUTHORIZING AND APPROVING SALE OF ASSETS FREE AND CLEAR OF LIENS, CLAIMS, ENCUMBRANCES AND INTERESTS; AND (II) APPROVING ASSUMPTION AND ASSIGNMENT OF EXECUTORY CONTRACTS AND UNEXPIRED LEASES AND(C) GRANTING RELATED RELIEF Filed by Ohio Power Company, d/b/a AEP Ohio (Demmy, John)
OC Liquidation, Inc. (f/k/a Ormet Corporation) (2013) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 25, 2013. 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 13-10334. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Dinsmore & Shohl LLP is acting as lead bankruptcy counsel to OC Liquidation, Inc. (f/k/a Ormet Corporation) (2013) in the bankruptcy case.