The Plaza Resort at Palmas, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On March 19, 2015, an order regarding 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 The Plaza Resort at Palmas, Inc. and its affiliates.

The filing was assigned docket number 326 and is described on the court’s official docket as follows:

ORDER: The motion filed by Debtor requesting order directing Scotiabank de Puerto Rico to state name of successful bidder (docket #323) is hereby denied as moot. Scotiabank’s response to debtor’s request (docket #324) is hereby noted. (RE: related document(s)[323], [324]). Signed on 3/19/2015.(BORREGO, MARTA)

The Plaza Resort at Palmas, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 20, 2009. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Puerto Rico. The case number for the lead bankruptcy case is 09-09980. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brian Tester. The law firm of Unknown is acting as lead bankruptcy counsel to The Plaza Resort at Palmas, Inc. in the bankruptcy case.


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