GT Advanced Technologies Inc. Bankruptcy New Filing Alert: Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On December 29, 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 GT Advanced Technologies Inc. and its affiliates.

The filing was assigned docket number 891 and is described on the court’s official docket as follows:

Ex Parte Motion /Debtors’ Ex Parte Motion Requesting Entry of Order Scheduling Hearing on (i) Debtors’ Motion for Order, Pursuant to Bankruptcy Code Sections 363(b) and 503(c), Approving Debtors’ Key Employee Incentive Plan and Key Employee Retention Plan, and (ii) Debtors’ Motion for Order, Pursuant to Bankruptcy Code Section 107(B), Bankruptcy Rule 9018 and Local Bankruptcy Rule 5005-5 to File Documents Under Seal (related to Docket Entry 889 and 890) Filed by Debtor GT Advanced Technologies, Inc. (Attachments: # 1 Exhibit A – Proposed Order) (Grogan, James) (Entered: 12/29/2014)

GT Advanced Technologies Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 6, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of New Hampshire. The case number for the lead bankruptcy case is 14-11916. The bankruptcy case is currently assigned to United States Bankruptcy Judge Henry Boroff. The law firm of Paul Hastings LLP is acting as lead bankruptcy counsel to GT Advanced Technologies Inc. in the bankruptcy case.


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