On May 12, 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 GT Advanced Technologies Inc. and its affiliates.
The filing was assigned docket number 1806 and is described on the court’s official docket as follows:
Order Granting Motion For Sale of Property under Section 363(b) / Debtors’ Motion for Order, Under Bankruptcy Code Sections 105 and 363, Bankruptcy Rules 2002, 6004, and 9007, and Local Rule 6004-1, Approving Sale of Certain Assets of Debtors to Hayward Quartz Technology, Inc. Free and Clear of Liens, Claims, Encumbrances, and Interests, Subject to Higher or Better Offers (Related Doc # 1718) Signed on 5/12/2015. (jtp) (Entered: 05/12/2015)
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.