Z’Tejas Scottsdale, LLC Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On July 22, 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 Z’Tejas Scottsdale, LLC and its affiliates.

The filing was assigned docket number 13 and is described on the court’s official docket as follows:

Motion Regarding Chapter 11 First Day Motions /Motion of Debtors Requesting (A) Scheduling of an Auction and Sale Hearing in Connection with the Sale of Substantially all the Debtors’ Assets, (B) Approval of Bidding Procedures and Protections for Such Assets, (C) Approval of Purchase Agreement with Stalking Horse Bidder, (D) Approval of the Form and Scope of Notice of Auction and Sale Hearing, (E) Approval of Procedures for the Assumption, Assignment and Sale of Contracts and Leases to the Purchaser, and (F) Approval of Sale of the Debtors’ Assets to the Purchaser; Memorandum of Points and Authorities in Support Thereof filed by RANDY NUSSBAUM of NUSSBAUM GILLIS & DINNER, P.C. on behalf of Z’TEJAS SCOTTSDALE, LLC (Attachments: # 1 Exhibit B). (NUSSBAUM, RANDY) (Entered: 07/22/2015)

Z’Tejas Scottsdale, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 22, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Arizona. The case number for the lead bankruptcy case is 15-09178. The bankruptcy case is currently assigned to United States Bankruptcy Judge Paul Sala. The law firm of Pachulski Stang Ziehl & Jones LLP is acting as lead bankruptcy counsel to Z’Tejas Scottsdale, LLC in the bankruptcy case.


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