Reed and Barton Corporation (f/k/a Reed and Barton Silversmiths) 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 April 23, 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 Reed and Barton Corporation (f/k/a Reed and Barton Silversmiths) and its affiliates.

The filing was assigned docket number 220 and is described on the court’s official docket as follows:

Order Dated 4/23/15 Re: [207] Limited Objection filed by Interested Party 41 Madison L.P. Re: 12 Motion filed by Debtor Reed and Barton Corporation For Order (I) an Order (A) Approving Sale Procedures in Connection with Sale of Substantially All of the Debtor’s Assets, (B) Approving the Break-Up Fee, (C) Scheduling an Auction and Hearing. THE OBJECTION TO THE MOTION SEEKING ALLOWANCE OF THE SALE PROCEDURES (DOCKET NO. 12) IS OVERRULED AS UNTIMELY. NEVERTHELESS, ANY AND ALL RIGHTS OF THE OBJECTING PARTY (THE SO-CALLED LANDLORD) TO OBJECT TO THE ASSUMPTION AND ASSIGNMENT OF THE SUBJECT LEASE ARE PRESERVED. (ag)

Reed and Barton Corporation (f/k/a Reed and Barton Silversmiths) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 17, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Massachusetts. The case number for the lead bankruptcy case is 15-10534. The bankruptcy case is currently assigned to United States Bankruptcy Judge Henry Boroff. The law firm of Holland & Knight LLP is acting as lead bankruptcy counsel to Reed and Barton Corporation (f/k/a Reed and Barton Silversmiths) in the bankruptcy case.


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