Sears Methodist Retirement System, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On December 17, 2014, an order regarding the motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Sears Methodist Retirement System, Inc. and its affiliates.

The filing was assigned docket number 620 and is described on the court’s official docket as follows:

Order approving stipulation between the debtor and the Veterans Land Board of the State of Texas regarding transition of operations of VLB Facilities from Senior Dimensions, Inc. to the new manager. Entered on 12/17/2014 (RE: related document(s)[617] Stipulation filed by Debtor Sears Methodist Retirement System, Inc.). (Blanco, J.)

Sears Methodist Retirement System, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 10, 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 14-32821. The bankruptcy case is currently assigned to United States Bankruptcy Judge Stacey Jernigan. The law firm of DLA Piper US LLP is acting as lead bankruptcy counsel to Sears Methodist Retirement System, Inc. in the bankruptcy case.


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