GT Advanced Technologies Inc. Bankruptcy New Filing Alert: Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On February 10, 2015, a motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of GT Advanced Technologies Inc. and its affiliates.

The filing was assigned docket number 1257 and is described on the court’s official docket as follows:

Motion to Reconsider /Joint Motion of Debtors and Official Committee of Unsecured Creditors, Pursuant to Bankruptcy Rules 9023 and 9024, for Reconsideration of Order Denying Debtors Motion for Order Approving Key Employee Incentive Plan and Key Employee Retention Plan Filed by Debtor GT Advanced Technologies, Inc. (RE: related document(s) 1217 Order on Motion to Approve) (Attachments: # 1 Exhibit A # 2 Exhibit B) (Fong, Christopher) (Entered: 02/10/2015)

GT Advanced Technologies Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 6, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of New Hampshire. The case number for the lead bankruptcy case is 14-11916. The bankruptcy case is currently assigned to United States Bankruptcy Judge Henry Boroff. The law firm of Paul Hastings LLP is acting as lead bankruptcy counsel to GT Advanced Technologies Inc. in the bankruptcy case.


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