Cornerstone Homes, Inc.  Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On December 31, 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 Cornerstone Homes, Inc.  and its affiliates.

The filing was assigned docket number 463 and is described on the court’s official docket as follows:

Motion For Sale of Property Free and Clear of Liens under Section 363(f). Statutory Fee Due $176. (Attachments: # (1) Affidavit of Chapter 11 Trustee # (2) Exhibit A – Fair Market Evaluation # (3) Exhibit B – Contract # (4) Exhibit C – Proof of Claim # (5) Proposed Order # (6) Certificate of Service) Filed by Trustee (Arnold, Michael)

Cornerstone Homes, Inc.  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 15, 2013. The bankruptcy case is pending before the United States Bankruptcy Court for the Western District of New York . The case number for the lead bankruptcy case is 13-21103. The bankruptcy case is currently assigned to United States Bankruptcy Judge Paul Warren. The law firm of Davidson Fink, LLP is acting as lead bankruptcy counsel to Cornerstone Homes, Inc.  in the bankruptcy case.


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