On December 31, 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 ConnectEdu, Inc. and its affiliates.
The filing was assigned docket number 259 and is described on the court’s official docket as follows:
Motion to Approve / Motion Of Chapter 7 Trustee Seeking Approval To Purchase Errors And Omissions Liability Insurance Coverage In The Amount Of $1 Million, At A Cost Of Approximately $4,000 Annually (related document(s)) filed by Michelle G. Gershfeld on behalf of David R. Kittay. (Gershfeld, Michelle)
ConnectEdu, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 28, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 14-11238. The bankruptcy case is currently assigned to United States Bankruptcy Judge Shelley Chapman. The law firm of Lowenstein Sandler PC is acting as lead bankruptcy counsel to ConnectEdu, Inc. in the bankruptcy case.