GT Advanced Technologies Inc. Bankruptcy New Filing Alert: Affidavit Or Declaration Regarding Motion For Setoff Or Recoupment Of Claims

On March 30, 2015, an affidavit or declaration regarding motion for setoff or recoupment of claims was filed in the bankruptcy case of GT Advanced Technologies Inc. and its affiliates.

The filing was assigned docket number 1547 and is described on the court’s official docket as follows:

Affidavit/ Notice of Filing Declaration of Jeffrey Ford, Vice President, Asia Sales & Service and Global Supply Management, in Support of Debtors’ Motion for Order, Pursuant to Bankruptcy Code Sections 105, 362, 363, and 553 and Bankruptcy Rule 6004, (A) Modifying Automatic Stay Allowing Setoff of Prepetition Obligations, and Approving Related Agreement With Customer; and (B) Authorizing Certain Debtors to Enter Into Intercompany Agreement Related To Sale Of ASF Furnaces and Related Motion to Seal and Expedite Hearing Thereon Filed by Debtor GT Advanced Technologies, Inc. (RE: related document(s) 1544 Motion filed by Debtor GT Advanced Technologies, Inc., 1545 Motion to Seal Document filed by Debtor GT Advanced Technologies, Inc., 1546 Motion to Expedite Hearing filed by Debtor GT Advanced Technologies, Inc.) (Attachments: # 1 Exhibit A (Declaration)) (Winter, Robert) (Entered: 03/30/2015)

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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