GT Advanced Technologies Inc. Bankruptcy New Filing Alert: Motion For Authority To Use Cash Management Systems

On December 23, 2014, a motion for authority to use cash management systems was filed in the bankruptcy case of GT Advanced Technologies Inc. and its affiliates.

The filing was assigned docket number 865 and is described on the court’s official docket as follows:

Motion for Entry of Order Waiving Compliance with Requirements of Section 345(b) of the Bankruptcy Code and Related Relief Filed by Debtors GT Advanced Cz LLC, GT Advanced Equipment Holding LLC, GT Advanced Technologies Limited, GT Advanced Technologies, Inc., GT Equipment Holdings, Inc., GT Sapphire Systems Group LLC, GT Sapphire Systems Holding LLC, GTAT Corporation Hearing scheduled for 1/7/2015 at 10:00 AM at Courtroom 2, 1000 Elm Street, 11th Floor, Manchester, NH. (Attachments: # 1 Exhibit A – Proposed Order # 2 Exhibit B – Declaration of Michele Rayos # 3 Exhibit B1 to Declaration of Michele Rayos # 4 Exhibit C – Uniform Depository Agreement) (Sklar, Daniel) (Entered: 12/23/2014)

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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