Mineral Park, Inc. Bankruptcy New Filing Alert: Objection To The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On January 16, 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 Mineral Park, Inc. and its affiliates.

The filing was assigned docket number 345 and is described on the court’s official docket as follows:

Limited Objection of the Official Committee of Unsecured Creditors to the Debtors’ Motion for an Order (A) Approving Asset Purchase Agreement and Authorizing the Sale of Certain Assets of Debtors Mineral Park, Inc. and Bluefish Energy Corporation Outside the Ordinary Course of Business, (B) Authorizing the Sale of Mineral Park, Inc.’s and Bluefish Energy Corporation’s Assets Free and Clear of All Liens, Claims, Encumbrances and Interests Pursuant to Sections 363(b), (f), and (m) of the Bankruptcy Code; (C) Authorizing the Assumption and Assignment of Certain Executory Contracts and Unexpired Leases; and (D) Granting Related Relief (related document(s)[313], [335]) Filed by Official Committee of Unsecured Creditors of Mineral Park, Inc. (Attachments: # (1) Certificate of Service) (Darby, Johnna)

Mineral Park, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on August 25, 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 14-11996. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of Pachulski Stang Ziehl & Jones LLP is acting as lead bankruptcy counsel to Mineral Park, Inc. in the bankruptcy case.


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