On November 3, 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 Saint Michael’s Medical Center, Inc. and its affiliates.
The filing was assigned docket number 342 and is described on the court’s official docket as follows:
Limited Objection to (related document: Motion re: for an Order Pursuant to 11 U.S.C. Sections 363 and 365 and Fed. R. Bankr. P. 2002, 6004 and 6006; (1) Approving “Stalking Horse” Asset Purchase Agreement for the Sale of Substantially all the Debtors’ Assets; (2) Approving Bidding Procedures and Form, Manner and Sufficiency of Notice; (3) Scheduling (A) an Auction Sale and (B) a Hearing to Consider Approving the Highest and Best Offer; (4) Authorizing the Debtors to Sell Substantially all their Assets Free and Clear of Liens, Claims, Encumbrances, and Interests; (5) Authorizing the Debtors to Assume and Assign Certain Executory Contracts and Unexpired Leases; and (6) Granting Other Related Relief Filed by Michael D. Sirota on behalf of Saint Michael’s Medical Center, Inc.. (Attachments: # 1 Application in Support of Motion # 2 Exhibit A to Application # 3 Proposed Order with Exhibits) filed by Debtor Saint Michael’s Medical Center, Inc.) filed by Thomas Pitta on behalf of The Bank of New York Mellon, as Trustee. (Pitta, Thomas)
Saint Michael’s Medical Center, 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 New Jersey. The case number for the lead bankruptcy case is 15-24999. The bankruptcy case is currently assigned to United States Bankruptcy Judge Vincent Papalia. The law firm of Cole, Schotz, Meisel, Forman & Leonard, P.A. is acting as lead bankruptcy counsel to Saint Michael’s Medical Center, Inc. in the bankruptcy case.