On June 23, 2015, a motion/application for approval of a settlement pursuant to rule 9019 was filed in the bankruptcy case of Baxano Surgical Inc. and its affiliates.
The filing was assigned docket number 529 and is described on the court’s official docket as follows:
Motion to Approve / Motion of the Debtor Pursuant to Federal Rule of Bankruptcy Procedure 9019 and Sections 105(a) and 363(b) of the Bankruptcy Code for Approval of the Settlement of Claims Against Quandary Medical, LLC Filed by Baxano Surgical, Inc.. Hearing scheduled for 8/12/2015 at 11:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 7/7/2015. (Attachments: # (1) Notice # (2) Proposed Form of Order) (Demmy, John)
Baxano Surgical Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 12, 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 14-12545. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Stevens & Lee, P.C. is acting as lead bankruptcy counsel to Baxano Surgical Inc. in the bankruptcy case.