Naartjie Custom Kids, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Reject Agreements

On May 1, 2015, an order regarding the motion for authority to reject agreements was filed in the bankruptcy case of Naartjie Custom Kids, Inc. and its affiliates.

The filing was assigned docket number 502 and is described on the court’s official docket as follows:

Order Granting Debtor’s Motion To to Use Property out of the Ordinary Course of Business Pursuant to 11 U.S.C 363(B)(1) and for the Entry of an Order Approving Debtor’s Entry into Lease Rejection Agreement and License Agreement Pursuant to Federal Rule of Bankruptcy Procedure 9019. The debtor’s are approved to enter into the rejection agreement. Pursuant to the rejection agreement, the lease is rejected as of the date of this order. Debtor’s are approved to enter into the landlord license and new tenant license. Pursuant to the rejection agreement, the landlord is authorized, allowed and directed to pay $17,451.20 to the debtor within 3 business days of the entry of this order. The Court retains exclusive jurisdiction with respect to all matters arising from or related to the implementation of this order. (Related Doc # 474) (mkh) (EOD: 05/01/2015)

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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