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

On January 14, 2015, an objection to the 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 1034 and is described on the court’s official docket as follows:

Objection to Management’s Incentivization Proporal ((A) Motion for Approval of Key Employee Incentive Plan and Key Employee Retention Plan in Redacted form Publicly. and (B) Unredacted Version Under Seal. Court Docket 889) Filed by Creditor Terren Faloh (RE: related document(s) 889 Motion to Seal Document filed by Debtor GT Advanced Technologies, Inc.) (jtp) (Entered: 01/14/2015)

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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