NII Holdings, Inc. (2014) Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On January 27, 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 NII Holdings, Inc. (2014) and its affiliates.

The filing was assigned docket number 406 and is described on the court’s official docket as follows:

Motion to Approve / Motion of Debtors and Debtors in Possession for (I) an Order (A) Approving Bidding Procedures for the Sale of NII Mexico, (B) Approving Bidder Protections and (C) Scheduling a Final Sale Hearing and Approving the Form and Manner of Notice Thereof; and (II) an Order (A) Authorizing the Sale of NII Mexico Free and Clear of Liens, Claims, Interests and Encumbrances, (B) Dismissing the Bankruptcy Case of Nextel International (Uruguay), LLC and (C) Granting Related Relief filed by Scott Greenberg on behalf of NII Holdings, Inc.. (Attachments: # (1) Exhibit A-Bidding Procedures Order # (2) Exhibit B-Form of Sale Notice # (3) Exhibit C-Form of Publication Notice # (4) Exhibit D-Sale Order # (5) Exhibit E-Rothschild Declaration # (6) Exhibit F-Company Declaration # (7) Exhibit G-Purchase Agreement # (8) Exhibit H-Support Stipulation) (Greenberg, Scott)

NII Holdings, Inc. (2014) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 15, 2014. 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 14-12611. The bankruptcy case is currently assigned to United States Bankruptcy Judge Shelley Chapman. The law firm of Jones Day LLP is acting as lead bankruptcy counsel to NII Holdings, Inc. (2014) in the bankruptcy case.


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