GT Advanced Technologies Inc. Bankruptcy New Filing Alert: Motion/Application For Approval Of A Settlement Pursuant To Rule 9019

On April 2, 2015, a motion/application for approval of a settlement pursuant to rule 9019 was filed in the bankruptcy case of GT Advanced Technologies Inc. and its affiliates.

The filing was assigned docket number 1577 and is described on the court’s official docket as follows:

Joint Motion to Approve Compromise under Rule 9019 /Joint Motion for Entry of an Order Pursuant to 11 U.S.C. § 105(a), Federal Rule of Bankruptcy Procedure 9019(a) and LBR 9019-1 Approving the Settlement by and Among the Debtors, the Official Committee of Unsecured Creditors and PricewaterhouseCoopers LLP in Connection with Potential Avoidance Actions Filed by Debtor GT Advanced Technologies, Inc. Hearing scheduled for 4/16/2015 at 10:00 AM at Courtroom 2, 1000 Elm Street, 11th Floor, Manchester, NH. (Attachments: # 1 Exhibit A – Proposed Order # 2 Exhibit B – Stipulation # 3 Notice of Hearing) (Grogan, James) (Entered: 04/02/2015)

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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