Texoma Peanut Company 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 19, 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 Texoma Peanut Company and its affiliates.

The filing was assigned docket number 230 and is described on the court’s official docket as follows:

Order Authorizing Sale of Substantially All of the Debtors’ Assets Free and Clear of Liens, Claims, Encumbrances, and Other Interests and Assumption and Assignment of Certain Potential Executory Contracts and Unexpired Leases (As to all buyers except Golden Peanut Company (RE: related document(s)90) (Prentice, Margaret) (Entered: 12/19/2014)

Texoma Peanut Company filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 6, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Eastern District of Oklahoma . The case number for the lead bankruptcy case is 14-81334. The bankruptcy case is currently assigned to United States Bankruptcy Judge Tom Cornish. The law firm of Crowe & Dunlevy, PC  is acting as lead bankruptcy counsel to Texoma Peanut Company in the bankruptcy case.


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