Reichhold Holdings US, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On July 13, 2015, an order regarding the motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Reichhold Holdings US, Inc. and its affiliates.

The filing was assigned docket number 899 and is described on the court’s official docket as follows:

Order Granting Debtors’ Motion for Order (i) Approving Agreement of Sale and Letter Agreement Between Reichhold Liquidation, Inc. and Albert and Cornelia LLC, (ii) Authorizing and Approving the Sale of Real Property Located at 46 Albert Avenue, Newark, New Jersey, Free and Clear of Liens, Claims and Encumbrances, and (iii) Granting Related Relief (Related Doc # [838]). Order Signed on 7/13/2015. (NAL)

Reichhold Holdings US, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 30, 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 14-12237. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Cole, Schotz, Meisel, Forman & Leonard, P.A. is acting as lead bankruptcy counsel to Reichhold Holdings US, Inc. in the bankruptcy case.


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