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

On April 9, 2015, an order regarding the 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 1630 and is described on the court’s official docket as follows:

Order Granting Motion / 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 (Related Doc # 1544) Signed on 4/9/2015. (jtp) (Entered: 04/09/2015)

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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