Dendreon Corporation 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 19, 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 Dendreon Corporation and its affiliates.

The filing was assigned docket number 398 and is described on the court’s official docket as follows:

Limited Objection of Wells Fargo Bank, N.A., to Debtors’ Motion Seeking Approval of the Amended and Restated Acquisition Agreement and Approval of the Sale of the Acquired Assets and Notice of Debtor’s Failure to Satisfy Section 5.13 of the Acquisition Agreement (related document(s)[62]) Filed by Wells Fargo, N.A. (Attachments: # (1) Exhibit A # (2) Exhibit B # (3) Exhibit C # (4) Exhibit D # (5) Exhibit E # (6) Exhibit F # (7) Exhibit G # (8) Exhibit H # (9) Certificate of Service) (Powell, Jason)

Dendreon Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 10, 2014. 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 14-12515. The bankruptcy case is currently assigned to United States Bankruptcy Judge Peter Walsh. The law firm of Skadden, Arps, Slate, Meagher & Flom LLP is acting as lead bankruptcy counsel to Dendreon Corporation in the bankruptcy case.


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