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

On July 6, 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 IndyMac Bancorp, Inc. and its affiliates.

The filing was assigned docket number 963 and is described on the court’s official docket as follows:

Motion to Sell Property of the Estate Free and Clear of Liens under Section 363(f) // Notice of Motion and Motion for Order (i) Approving Sale, Subject to Overbid, of Estate’s Interests in Certain Mortgage-Backed Securities, Free and Clear of All Liens, Claims, Encumbrances and Interests and (ii) Authorizing Abandonment of Certain Excluded Mortgage-Backed Securities; Memorandum of Points and Authorities; Declarations of Alfred H. Siegel, Kathryn T. Zwicker, and Shanda D. Pearson in Support Thereof. Fee Amount $176, Filed by Trustee Alfred H Siegel (TR) (Attachments: # 1 Exhibit 1: Asset Purchase Agreement # 2 Exhibit 2: Sale Notice # 3 Exhibit 3: UCC # 4 Exhibit 4: Fla. Tax Lien # 5 Proof of Service) (Zwicker, Kathryn) (Entered: 07/06/2015)

IndyMac Bancorp, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 31, 2008. The bankruptcy case is pending before the United States Bankruptcy Court for the Central District of California . The case number for the lead bankruptcy case is 08-21752. The bankruptcy case is currently assigned to United States Bankruptcy Judge Sheri Bluebond. The law firm of Unknown is acting as lead bankruptcy counsel to IndyMac Bancorp, Inc. in the bankruptcy case.


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