Falcon Steel Company Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On December 17, 2014, a motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Falcon Steel Company and its affiliates.

The filing was assigned docket number 229 and is described on the court’s official docket as follows:

Motion to sell property under Section 363(b) , (f) and (m) of the Bankruptcy Code and Bankruptcy Rules 2002 and 6004 for Authorization of Private Sale of Equipment Free and Clear of all Liens, Claims and Encumbrances Filed by Debtor Falcon Steel Company, Consolidated debtor New Falcon Steel, LLC (Attachments: # (1) Proposed Order) (Prostok, Jeff)

Falcon Steel Company filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 29, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of Texas . The case number for the lead bankruptcy case is 14-42585. The bankruptcy case is currently assigned to United States Bankruptcy Judge D. Michael Lynn. The law firm of Forshey & Prostok LLP is acting as lead bankruptcy counsel to Falcon Steel Company in the bankruptcy case.


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