Ultura (LA) Inc. (f/d/b/a Rochem Membrane Systems, 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 December 4, 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 Ultura (LA) Inc. (f/d/b/a Rochem Membrane Systems, Inc.) and its affiliates.

The filing was assigned docket number 213 and is described on the court’s official docket as follows:

Order Granting Ultura (Oceanside) Inc’s Motion for Order (A)Approving Asset Purchase Agreement and Authorizing the Sale of Substantially All Assets of Ultura (Oceanside) Inc. Outside the Ordinary Course of Business (B)Authorizing the Sale of Assets Free and Clear of All Liens, Claims, Rights, Encumbrances and Other Interests (C)Assuming and Assigning Certain Executory Contracts and Unexpired Leases and (D)Granting Related Relief (Related Doc # [140]) Order Signed on 12/4/2014. (Attachments: # (1) Exhibit A) (SH)

Ultura (LA) Inc. (f/d/b/a Rochem Membrane Systems, Inc.) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 20, 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 14-12382. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of Pachulski Stang Ziehl & Jones LLP is acting as lead bankruptcy counsel to Ultura (LA) Inc. (f/d/b/a Rochem Membrane Systems, Inc.) in the bankruptcy case.


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