Lily Group, Inc. Bankruptcy New Filing Alert: Complaint Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On July 1, 2015, a complaint motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Lily Group, Inc. and its affiliates.

The filing was assigned docket number 437 and is described on the court’s official docket as follows:

Adversary case 15-58025. Complaint filed by Plaintiff(s) Official Committee of Unsecured Creditors against Defendant(s) LC Energy Holdings LLC, Platinum Partners Credit Opportunity Master Fund L [14 (Recovery of money/property – other)]. (Hall, Terry)

Lily Group, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 23, 2013. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Indiana . The case number for the lead bankruptcy case is 13-81073. The bankruptcy case is currently assigned to United States Bankruptcy Judge Frank Otte. The law firm of Tucker, Hester, Baker & Krebs, LLC is acting as lead bankruptcy counsel to Lily Group, Inc. in the bankruptcy case.


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