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

On May 4, 2015, an order regarding the motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Naartjie Custom Kids, Inc. and its affiliates.

The filing was assigned docket number 505 and is described on the court’s official docket as follows:

Order Granting Motion for Order, Pursuant to Bankruptcy Code Sections 363(b) and 503(c)(3), Approving Debtor’s Key Employee Retention Plan for Non Insider Employees. The debtor is authorized to pay $10,000.00 to Stephen Ensign, the debtor’s controller, if Ensign remains employed with the debtor until his services are no longer required. The debtor is authorized to pay $5,000.00 to Brian Anderson, a senior accounting manager for the debtor, if Anderson remains employed until his services are no longer required. The court retains exclusive jurisdiction with respect to all matters arising from or related to the implementation of this order. (Related Doc # 446) (mkh) (EOD: 05/04/2015)

Naartjie Custom Kids, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 12, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Utah. The case number for the lead bankruptcy case is 14-29666. The bankruptcy case is currently assigned to United States Bankruptcy Judge William Thurman. The law firm of Dorsey & Whitney LLP is acting as lead bankruptcy counsel to Naartjie Custom Kids, Inc. in the bankruptcy case.


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