On May 19, 2015, a motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Ultimate Acquisition Partners, LP (d/b/a Ultimate Electronics) (2011) and its affiliates.
The filing was assigned docket number 1818 and is described on the court’s official docket as follows:
Motion For Sale of Property Free and Clear of Liens under Section 363(f)(FEE) // Chapter 7 Trustee’s Motion to Sell Rights to Any Payments from Visa/Mastercard Class Action Interchange Litigation Free and Clear of All Liens, Claims, and Encumbrances Pursuant to 11 U.S.C. §§ 105(a), 363(b), (f), and (m) and Bankruptcy Rules 2002 and 6004 Fee Amount $176 Filed by Alfred Thomas Giuliano, Chapter 7 Trustee. Hearing scheduled for 6/17/2015 at 02:00 PM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #4, Wilmington, Delaware. Objections due by 6/2/2015. (Attachments: # (1) Notice # (2) Proposed Form of Order # (3) Certificate of Service) (Keane, Peter J.)
Ultimate Acquisition Partners, LP (d/b/a Ultimate Electronics) (2011) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 26, 2011. 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 11-10245. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Jaffe, Raitt, Heuer, & Weiss, P.C. is acting as lead bankruptcy counsel to Ultimate Acquisition Partners, LP (d/b/a Ultimate Electronics) (2011) in the bankruptcy case.