Thornton & Co., Inc. Bankruptcy New Filing Alert: Objection To The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On October 9, 2015, an objection to 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 Thornton & Co., Inc. and its affiliates.

The filing was assigned docket number 195 and is described on the court’s official docket as follows:

Objection of Creditors’ Committee to Debtor’s Motion for Authority to (1) Sell Inventory Outside of the Ordinary Course of Business, (2) Sell Inventory Free and Clear of Liens and Other Interests, and (3) Collect on its Accounts Receivable, Pursuant to 11 U.S.C. sec. 363(b)(1), (f) Filed by Eric A. Henzy on behalf of Official Committee of Unsecured Creditors Creditor Committee, (RE: 178 Motion to Sell Free and Clear of Liens per 363(f) filed by Debtor Thornton & Co., Inc.). (Henzy, Eric) (Entered: 10/09/2015)

Thornton & Co., Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on August 10, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Connecticut. The case number for the lead bankruptcy case is 15-21416. The bankruptcy case is currently assigned to United States Bankruptcy Judge Ann Nevins. The law firm of Green & Sklarz LLC is acting as lead bankruptcy counsel to Thornton & Co., Inc. in the bankruptcy case.


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