On December 10, 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 Alsip Acquisition, LLC and its affiliates.
The filing was assigned docket number 120 and is described on the court’s official docket as follows:
Motion to Authorize Debtors’ Motion Pursuant to Section 363(b) of the Bankruptcy Code Authorizing Debtors to Continue Performing under the Services Agreement with University Management Associates & Consultants Corp. Filed by Alsip Acquisition, LLC. Hearing scheduled for 1/20/2015 at 03:00 PM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #5, Wilmington, Delaware. Objections due by 12/24/2014. (Attachments: # (1) Notice # (2) Exhibit A (Services Agreement) # (3) Exhibit B (Proposed Order)) (Keane, Peter)
Alsip Acquisition, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 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 14-12596. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Carey. The law firm of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. is acting as lead bankruptcy counsel to Alsip Acquisition, LLC in the bankruptcy case.