GT Advanced Technologies Inc. Bankruptcy New Filing Alert: Motion/Application For Approval Of A Settlement Pursuant To Rule 9019

On February 25, 2015, a motion/application for approval of a settlement pursuant to rule 9019 was filed in the bankruptcy case of GT Advanced Technologies Inc. and its affiliates.

The filing was assigned docket number 1331 and is described on the court’s official docket as follows:

Motion to Approve Compromise under Rule 9019 /Debtors’ Motion for Entry of Order Pursuant to Bankruptcy Code Section 363 and Bankruptcy Rule 9019, Approving Proposed Settlement Stipulation Regarding Certain Proceeds Payable Under Affiliated FM Insurance Company Policy Number AY197 Filed by Debtor GT Advanced Technologies, Inc. Hearing scheduled for 4/16/2015 at 10:00 AM at Courtroom 2, 1000 Elm Street, 11th Floor, Manchester, NH. (Attachments: # 1 Exhibit A – Proposed Order # 2 Notice of Hearing) (Grogan, James) (Entered: 02/25/2015)

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.


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