Ambient Corporation Bankruptcy New Filing Alert: Order Regarding The Motion For Order Dismissing The Bankruptcy Case And/Or Converting The Case To Chapter 7

On February 24, 2015, an order regarding the motion for order dismissing the bankruptcy case and/or converting the case to chapter 7 was filed in the bankruptcy case of Ambient Corporation and its affiliates.

The filing was assigned docket number 218 and is described on the court’s official docket as follows:

Order Granting Debtor’s Motion for Entry of an Order Dismissing Chapter 11 Case, Approving Mechanism for Distribution of Debtor’s Remaining Cash and for Related Relief. (related document(s)[183]) Signed on 2/23/2015. (LCN)

Ambient Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 28, 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 14-11791. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of Bayard, P.A. is acting as lead bankruptcy counsel to Ambient Corporation in the bankruptcy case.


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