Natrol, Inc. Bankruptcy New Filing Alert: Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On April 1, 2015, a motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Natrol, Inc. and its affiliates.

The filing was assigned docket number 1029 and is described on the court’s official docket as follows:

Motion to Approve Equity Holders’ Motion for Entry of an Order Approving an Initial Distribution to the Equity Holder for Payment of Their Professionals Filed by Plethico Pharmaceuticals Limited and its affiliates. Objections due by 4/14/2015. (Attachments: # (1) Exhibit A # (2) Exhibit B # (3) Exhibit C # (4) Exhibit D # (5) Exhibit E) (Bifferato, Karen)

Natrol, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 11, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 14-11446. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Gibson Dunn & Crutcher LLP is acting as lead bankruptcy counsel to Natrol, Inc. in the bankruptcy case.


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