On July 14, 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 JW Resources, Inc. and its affiliates.
The filing was assigned docket number 94 and is described on the court’s official docket as follows:
MOTION OF DEBTORS FOR ORDER: (A) APPROVING BID PROCEDURES FOR THE SALE OF ALL OR SUBSTANTIALLY ALL OF THE DEBTORS ASSETS (EXCLUDING MOBILE EQUIPMENT) AND TO ASSUME AND ASSIGN CERTAIN OF THE DEBTORS EXECUTORY CONTRACTS AND UNEXPIRED LEASES; (B) SCHEDULING AN AUCTION AND HEARING TO CONSIDER THE SALE AND APPROVE THE FORM AND MANNER OF NOTICE RELATED THERETO; AND (C) GRANTING RELATED RELIEF, filed by JW Resources, Inc. Fee Amount 176. Hearing scheduled for 7/28/2015 at 09:00 AM at Lexington Courtroom, 2nd Floor.Last day to file objections: 8/23/2015. (Attachments: # (1) Proposed Order # (2) Sale Notice) (Ellerman, Paige)
JW Resources, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 30, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Eastern District of Kentucky . The case number for the lead bankruptcy case is 15-60831. The bankruptcy case is currently assigned to United States Bankruptcy Judge Gregory Schaaf . The law firm of Frost Brown Todd LLC is acting as lead bankruptcy counsel to JW Resources, Inc. in the bankruptcy case.