On January 5, 2015, an objection to the motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Baxano Surgical Inc. and its affiliates.
The filing was assigned docket number 194 and is described on the court’s official docket as follows:
Objection to Motion to Approve / Debtors Motion for Orders (I)(A) Approving Bidding Procedures, (B) Approving Form of Sale Notice and Assumption/Cure Notice, (C) Approving Procedures for Assumption and Assignment of Contracts and Leases, (D) Authorizing the Debtor to Designate a Stalking Horse and Provide Bid Protections, and (E) Setting a Date for the Sale Hearing, and (II) Authorizing and Approving (A) the Sale of the Debtors Assets, and (B) the Assumption and Assignment of Certain Contracts and Leases (related document(s), ) Filed by Delta Pacific Products, Inc. (JAF)
Baxano Surgical Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 12, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 14-12545. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Stevens & Lee, P.C. is acting as lead bankruptcy counsel to Baxano Surgical Inc. in the bankruptcy case.