On November 26, 2014, a motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Natrol, Inc. and its affiliates.
The filing was assigned docket number 755 and is described on the court’s official docket as follows:
Motion to Approve Certain Bonus Payments Pursuant to Sections 105(a) and 363(b) of the Bankruptcy Code Filed by Natrol, Inc.. Hearing scheduled for 12/18/2014 at 12:00 PM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #1, Wilmington, Delaware. Objections due by 12/10/2014. (Attachments: # (1) Notice # (2) Exhibit A – Filed Under Seal # (3) Exhibit B) (Bambrick, Ian)
Natrol, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 11, 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 14-11446. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Gibson Dunn & Crutcher LLP is acting as lead bankruptcy counsel to Natrol, Inc. in the bankruptcy case.