Natrol, Inc. Bankruptcy New Filing Alert: Objection To The Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

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

The filing was assigned docket number 1129 and is described on the court’s official docket as follows:

Objection of Citibank, N.A., London Branch, to Equity Security Holders’ Motion for Entry of an Order, Pursuant to Sections 105(a) and 363(b) of the Bankruptcy Code, Approving an Initial Distribution to the Equity Holder for Payment of Their Professionals (related document(s)[1029]) Filed by Citibank, N.A., London Branch, as Indenture Trustee (Skomorucha Owens, Karen)

Natrol, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 11, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 14-11446. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Gibson Dunn & Crutcher LLP is acting as lead bankruptcy counsel to Natrol, Inc. in the bankruptcy case.


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