Saladworks, LLC  Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On May 28, 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 Saladworks, LLC  and its affiliates.

The filing was assigned docket number 280 and is described on the court’s official docket as follows:

Order (I) Approving Asset Purchase Agreement and Authorizing the Sale of Certain Assets of the Debtor Outside the Ordinary Course of Business, (II) Authorizing the Sale of Assets Free and Clear of All Liens, Claims, Encumbrances and Interests, (III) Authorizing the Assumption and Assignment or Rejection of Certain Executory Contracts and Unexpired Leases, and (IV) Granting Related Relief (related document(s)[14], [103], [154], [182], [207], [214], [219]). Signed on 5/28/2015. (Attachments: # (1) Exhibit 1 – [Final Version of Asset Purchase Agreement] # (2) Exhibit 1 – Part 2 # (3) Exhibit 1 – Part 3 # (4) Exhibit 1 – Part 4) (SJS)

Saladworks, LLC  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 17, 2015. 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 15-10327. The bankruptcy case is currently assigned to United States Bankruptcy Judge Laurie Selber Silverstein. The law firm of Landis Rath & Cobb LLP is acting as lead bankruptcy counsel to Saladworks, LLC  in the bankruptcy case.


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