NSB Advisors LLC Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On January 29, 2015, an order regarding 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 46 and is described on the court’s official docket as follows:

Order (A) Approving Stalking Horse Agreement and Expense Reimbursement, (B) Approving Bidding Procedures for the Conduct of an Auction, and (C) Fixing Manner and Notice of Auction, Sale Hearing and Cure Claims Bar Date (Related Doc # [10]) signed on 1/29/2015. (Colon, Gwen)

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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