NSB Advisors LLC 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 21, 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 NSB Advisors LLC and its affiliates.

The filing was assigned docket number 38 and is described on the court’s official docket as follows:

Objection to Motion Objection of the Gorguze Parties to Debtor’s Motion for Approval of Stalking Horse Agreement and Expense Reimbursement and Bidding Procedures for the Conduct of an Auction (related document(s)[10]) filed by Gabrielle Glemann on behalf of Benjamin Peters Trust dtd 12/3/1993, Cameron Investment Corporation, Ellen Mia Peters Trust dtd 12/3/1993, Lynn E. Gorguze IRA, Lynn E. Gorguze Separate Property Trust dtd 4/21/1998, Lynn Gorguze Custodian FBO Benjamin V. Peters UTMA/CA, Lynn Gorguze Custodian FBO Ellen M. Peters UTMA/CA, Lynn Gorguze Peters and Scott H. Peters Community Property Trust dtd 4/21/1998, Scott H. Peters IRA, Scott H. Peters SEP IRA, Vincent T. Gorguze IRA, Vincent and Gloria Gorguze Trust dtd 3/27/1998. (Glemann, Gabrielle)

NSB Advisors LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 5, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 15-35009. The bankruptcy case is currently assigned to United States Bankruptcy Judge Cecilia Morris. The law firm of Halperin Battaglia Raicht LLP is acting as lead bankruptcy counsel to NSB Advisors LLC in the bankruptcy case.


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