Petters Company, Inc. Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On March 19, 2015, a motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Petters Company, Inc. and its affiliates.

The filing was assigned docket number 2731 and is described on the court’s official docket as follows:

Motion to sell property filed by Douglas A Kelley. Hearing scheduled 3/31/2015 at 11:00 AM at Courtroom 2A, 2nd floor, 316 North Robert Street, St. Paul, Judge Gregory F. Kishel. (Singer, George) (Entered: 03/19/2015)

Petters Company, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 11, 2008. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Minnesota. The case number for the lead bankruptcy case is 08-45257. The bankruptcy case is currently assigned to United States Bankruptcy Judge Gregory Kishel. The law firm of Lindquist & Vennum P.L.L.P. is acting as lead bankruptcy counsel to Petters Company, Inc. in the bankruptcy case.


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