Cloudeeva, Inc. (f/d/b/a Systems America, Inc.) 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 March 18, 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 Cloudeeva, Inc. (f/d/b/a Systems America, Inc.) and its affiliates.

The filing was assigned docket number 523 and is described on the court’s official docket as follows:

Objection to Form of Proposed Bidding Procedures Order (related document:[521] Document re: Letter to Honorable Kathryn C. Ferguson from Patricia A. Staiano, Esq. enclosing Second Revised form of Bid Procedures Order (related document:[500] Motion to Sell Free and Clear of Liens filed by Trustee Richard Honig) filed by Patricia A. Staiano on behalf of Richard Honig. (Attachments: # 1 Proposed Order Second Revised Order # 2 Two Red-Lined Pages showing Changes to Form of Order) filed by Trustee Richard Honig) filed by Jeffrey A. Cooper on behalf of Prestige Capital Corporation. (Cooper, Jeffrey)

Cloudeeva, Inc. (f/d/b/a Systems America, Inc.) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 21, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of New Jersey. The case number for the lead bankruptcy case is 14-24874. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kathryn Ferguson. The law firm of Lowenstein Sandler PC is acting as lead bankruptcy counsel to Cloudeeva, Inc. (f/d/b/a Systems America, Inc.) in the bankruptcy case.


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