Dendreon Corporation Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On January 29, 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 Dendreon Corporation and its affiliates.

The filing was assigned docket number 331 and is described on the court’s official docket as follows:

Motion to Shorten to Debtors’ Emergency Motion For Order (A) Approving Stalking Horse Bidder And Authorizing Bid Protections In Connection With The Sale Of Substantially All Of The Debtors’ Assets, (B) Rescheduling The Hearing To Approve Such Sale And (C) Granting Related Relief (related document(s)[330]) Filed by Dendreon Corporation. (Attachments: # (1) Proposed Form of Order) (Pierce, Sarah)

Dendreon Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 10, 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 14-12515. The bankruptcy case is currently assigned to United States Bankruptcy Judge Peter Walsh. The law firm of Skadden, Arps, Slate, Meagher & Flom LLP is acting as lead bankruptcy counsel to Dendreon Corporation in the bankruptcy case.


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