Naartjie Custom Kids, 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 November 25, 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 Naartjie Custom Kids, Inc. and its affiliates.

The filing was assigned docket number 290 and is described on the court’s official docket as follows:

Order (A) Authorizing Debtor to Exercise Its Shareholder Rights in ZA One to Accomplish the Sale of ZA One’s Assets, (B) Authorizing Sale of Debtor’s Assets and Intellectual Property to Truworths Limited Pursuant to 11 U.S.C. 363 (b) and (f), Subject to Higher and Better Offers to be Solicited at Public Auction, and (C) Granting Related Relief (Related Doc # 265). Truworths will provide notice to customers. The fourteen (14) day stay pursuant to Fed. R. Bankr. P. 6004(h) is waived (mmb) (EOD: 11/25/2014)

Naartjie Custom Kids, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 12, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Utah. The case number for the lead bankruptcy case is 14-29666. The bankruptcy case is currently assigned to United States Bankruptcy Judge William Thurman. The law firm of Dorsey & Whitney LLP is acting as lead bankruptcy counsel to Naartjie Custom Kids, Inc. in the bankruptcy case.


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