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

On February 9, 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 Tri-Valley Corporation and its affiliates.

The filing was assigned docket number 921 and is described on the court’s official docket as follows:

Motion to Shorten Notice and Time for Hearing Regarding Motion of the Chapter 7 Trustee to Sell, Waive, Release Abandon and Otherwise Quitclaim All Easements, Leases, Liens, Claims and Any Type of Encumbrances or Interests on Real Property (related document(s)[920]) Filed by Charles A. Stanziale Jr.. (Attachments: # (1) Exhibit A) (Taylor, William)

Tri-Valley Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on August 7, 2012. 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 12-12291. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of K&L Gates LLP is acting as lead bankruptcy counsel to Tri-Valley Corporation in the bankruptcy case.


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