Z’Tejas Scottsdale, LLC 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 September 29, 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 Z’Tejas Scottsdale, LLC and its affiliates.

The filing was assigned docket number 177 and is described on the court’s official docket as follows:

ORDER Approving Asset Purchase Agreement Among the Debtors and the Buyer, Approving Sale of Substantially All Assets Free and Clear of All Liens, Claims, Encumbrances and Other Interests Pursuant to Bankruptcy Code Sections 105, 363(B),(F) and (M), Approving Assumption, Assignment and Sale of Certain Executory Contracts and Unexpired Leases signed on 9/29/2015 (related document(s)[13] Motion Regarding Chapter 11 First Day Motions, [175] Notice of Filing) (Attachments: # (1)). (Stangret, Wesley)

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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