On March 2, 2015, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of GT Advanced Technologies Inc. and its affiliates.
The filing was assigned docket number 1376 and is described on the court’s official docket as follows:
Motion / Debtors Motion for Order Pursuant to Bankruptcy Code Sections 363(b) and 503(b) and Bankruptcy Rules 2002 and 6004(h) Approving Payment to TPG Specialty Lending, Inc. and Tao Finance 2, LLC of a Work Fee, Alternative Financing Fee and Certain Professional Expenses in Connection With Its Debtor in Possession Financing Commitment Filed by Debtor GT Advanced Technologies, Inc. (Attachments: # 1 Proposed Order # 2 Exhibit B (Fee Letter) # 3 Exhibit C (Commitment Letter)) (Bongartz, G.) (Entered: 03/02/2015)
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.