GT Advanced Technologies Inc. Bankruptcy New Filing Alert: Complaint To Avoid Alleged Preferential Transfers

On June 10, 2015, a complaint to avoid alleged preferential transfers was filed in the bankruptcy case of GT Advanced Technologies Inc. and its affiliates.

The filing was assigned docket number 1908 and is described on the court’s official docket as follows:

Adversary case 15-01038. Complaint by GT Advanced Technologies Limited against Tera Xtal Technology Corp.. Fee Amount $ 350. (Attachments: # 1 Exhibit A – Settlement Agreement # 2 Adversary Proceeding Cover Sheet) (12 (Recovery of money/property – 547 preference)) (Bongartz, G.) (Entered: 06/10/2015)

GT Advanced Technologies Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 6, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of New Hampshire. The case number for the lead bankruptcy case is 14-11916. The bankruptcy case is currently assigned to United States Bankruptcy Judge Henry Boroff. The law firm of Paul Hastings LLP is acting as lead bankruptcy counsel to GT Advanced Technologies Inc. in the bankruptcy case.


Leave a Reply