On January 5, 2015, 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 NSB Advisors LLC and its affiliates.
The filing was assigned docket number 10 and is described on the court’s official docket as follows:
Motion to Sell Property Free and Clear of Liens Under Section 363(f)Debtors Motion for Orders (I) Scheduling Hearing to Consider (a) Sale of Substantially All of the Debtors Assets, Free and Clear of All Liens, Claims and Encumbrances, Subject to Higher and Better Offers and (b) Assumption and Assignment of Leases and Executory Contracts; (II) Scheduling Hearing to Consider Approval of Stalking Horse Agreement and Expense Reimbursement, and Bidding Procedures for the Conduct of an Auction; (III) Fixing a Cure Claims Bar Date With Respect to the Assumption and Assignment of Leases and Executory Contracts; (IV) Fixing Manner and Notice of Sale Hearing; (V) Authorizing the Debtor to Sell Assets, Free and Clear of All Liens, Claims and Encumbrances, Subject to Higher and Better Offers; (VI) Authorizing Assumption and Assignment of Leases and Executory Contracts; and (VII) Granting Related Relief filed by Alan D. Halperin on behalf of NSB Advisors LLC. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C # 4 Exhibit D # 5 Exhibit E # 6 Proposed Order Scheduling Hearing to Consider Approval of (A) Expense Reimbursement; (B) Bidding Procedures for the Conduct of an Auction; and (C) Fixing Manner and Notice of Auction, Sale Hearing and Cure Claims Bar Date) (Halperin, Alan) (Entered: 01/05/2015)
NSB Advisors LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 5, 2015. 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 15-35009. The bankruptcy case is currently assigned to United States Bankruptcy Judge Cecilia Morris. The law firm of Halperin Battaglia Raicht LLP is acting as lead bankruptcy counsel to NSB Advisors LLC in the bankruptcy case.