C. Wonder LLC Bankruptcy New Filing Alert: Objection To The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On February 12, 2015, an objection to 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 C. Wonder LLC and its affiliates.

The filing was assigned docket number 115 and is described on the court’s official docket as follows:

Objection to Debtors’ Motion for an Order (A) Approving Bidding Procedures, et al. (related document:[102] Motion re: for Entry of an Order: (A) Approving Bidding Procedures and Terms of Auction of Debtors Interest in their Nonresidential Real Property Lease in the Soho Section of New York; (B) Approving Purchase and Sale Agreement and Bidding Protections; (c) Authorizing Assumption and Assignment of Lease to the Successful Bidder, Free and Clear of Liens, Claims and Encumbrances; (d) Setting Relevant Auction, Approval and Related Hearing Dates; and (e) Granting Related Relief Filed by Warren A. Usatine on behalf of C. Wonder LLC. (Attachments: # 1 Application in Support of Motion # 2 Exhibit A # 3 Exhibit B # 4 Proposed Order) filed by Debtor C. Wonder LLC) filed by Sam Della Fera on behalf of Spring Street Co. LLC. (Attachments: # (1) Exhibit A # (2) Exhibit B) (Della Fera, Sam)

C. Wonder LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 22, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of New Jersey. The case number for the lead bankruptcy case is 15-11127. The bankruptcy case is currently assigned to United States Bankruptcy Judge Michael Kaplan. The law firm of Cole, Schotz, Meisel, Forman & Leonard, P.A. is acting as lead bankruptcy counsel to C. Wonder LLC in the bankruptcy case.


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