On October 16, 2015, an order regarding the motion for authority to pay claims of taxing authorities was filed in the bankruptcy case of Advance Watch Company Ltd. (a/k/a Geneva Watch Group) and its affiliates.
The filing was assigned docket number 72 and is described on the court’s official docket as follows:
Order signed on 10/16/2015 Granting Debtors’ Motion Pursuant to 11 U.S.C. §§ 105(a), 363(b), 507(a)(8), and 541 for Entry of an Order (I) Authorizing, but Not Directing, Debtors to Pay Prepetition Taxes and Assessments, and (II) Authorizing and Directing Financial Institutions to Honor and Process Related Checks and Transfers (Related Doc # ) . (Anderson, Deanna)
Advance Watch Company Ltd. (a/k/a Geneva Watch Group) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 30, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 15-12690. The bankruptcy case is currently assigned to United States Bankruptcy Judge Martin Glenn. The law firm of Venable LLP is acting as lead bankruptcy counsel to Advance Watch Company Ltd. (a/k/a Geneva Watch Group) in the bankruptcy case.