GT Advanced Technologies Inc. Bankruptcy New Filing Alert: Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On March 13, 2015, a motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of GT Advanced Technologies Inc. and its affiliates.

The filing was assigned docket number 1438 and is described on the court’s official docket as follows:

Emergency Motion /Debtors’ Emergency Motion For Order, Pursuant To Bankruptcy Code Section 363(B), Authorizing Special Retention Payment For Key Employee Of Debtors Filed by Debtor GT Advanced Technologies, Inc. (Attachments: # 1 Exhibit B – Proposed Order) (Winter, Robert) (Entered: 03/13/2015)

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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