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

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 Corinthian Colleges, Inc. and its affiliates.

The filing was assigned docket number 573 and is described on the court’s official docket as follows:

Motion to Shorten (Debtors’ Motion for Entry of an Order Shortening Notice and Objection Periods Regarding the Debtors’ Motion for an Order (I) Authorizing the Debtors to Sell Certain Assets Free and Clear of all Liens, Claims and Encumbrances and (II) Granting Certain Related Relief) (related document(s)[572]) Filed by Corinthian Colleges, Inc.. (Attachments: # (1) Exhibit A) (Steele, Amanda)

Corinthian Colleges, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 4, 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 15-10952. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Carey. The law firm of Richards, Layton & Finger, P.A. is acting as lead bankruptcy counsel to Corinthian Colleges, Inc. in the bankruptcy case.


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