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

On January 20, 2015, a 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 1056 and is described on the court’s official docket as follows:

Amended Motion /Debtors’ Amended Assented-To Motion to Extend Deadline for Committee to Object to Debtors’ Motion for Order, Pursuant to Bankruptcy Code Sections 363(B) and 503(C), Approving Debtors’ Key Employee Incentive Plan and Key Employee Retention Plan (RE: related document(s) 1048 Assented Motion) Filed by Debtor GT Advanced Technologies, Inc. (Attachments: # 1 Exhibit A – Proposed Order) (Grogan, James). Modified on 1/21/2015 to add document link (hk). (Entered: 01/20/2015)

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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