Suntech America, Inc. (a/k/a Suntech Power) Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On January 19, 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 Suntech America, Inc. (a/k/a Suntech Power) and its affiliates.

The filing was assigned docket number 32 and is described on the court’s official docket as follows:

Motion For Sale of Property Free and Clear of Liens under Section 363(f) (Motion of Debtors for an Order Authorizing Suntech Arizona, Inc. to Sell Certain Assets Free and Clear of All Liens, Claims and Encumbrances) Fee Amount $176 Filed by Suntech America, Inc.. Hearing scheduled for 2/9/2015 at 02:00 PM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 2/2/2015. (Attachments: # (1) Notice of Motion and Hearing # (2) Exhibit A) (Shapiro, Zachary)

Suntech America, Inc. (a/k/a Suntech Power) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 12, 2015. 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 15-10054. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Richards, Layton & Finger, P.A. is acting as lead bankruptcy counsel to Suntech America, Inc. (a/k/a Suntech Power) in the bankruptcy case.


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