GT Advanced Technologies Inc. Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On March 19, 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 1488 and is described on the court’s official docket as follows:

Ex Parte Motion to Expedite Hearing / Ex Parte Motion of Debtors, Pursuant to Bankruptcy Code Section 105(a), Bankruptcy Rule 9006, and Local Rule 9073-1(b), Requesting Entry of Order Scheduling Hearing on Debtors’ Motion for Order Pursuant to Bankruptcy Code Sections 105(a), 363(b), and 364 and Bankruptcy Rule 6004(h) Approving Procedures for Solicitation of GT Noteholders to Participate in Proposed Debtor in Possession Financing Filed by Debtor GT Advanced Technologies, Inc. (RE: related document(s) 1487 Motion filed by Debtor GT Advanced Technologies, Inc.) (Attachments: # 1 Proposed Order) (Bongartz, G.) (Entered: 03/19/2015)

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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