GT Advanced Technologies Inc. Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On November 25, 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 GT Advanced Technologies Inc. and its affiliates.

The filing was assigned docket number 2632 and is described on the court’s official docket as follows:

Ex Parte Motion to Expedite Hearing / Ex Parte Motion of Debtors, Pursuant to Bankruptcy Code Section 105(a), Bankruptcy Rule 9006, and Local Rule 9073-1(b), Requesting Entry of Order Scheduling Expedited Hearing on Debtors’ Motion for Order, Under Bankruptcy Code Sections 105, 363, and 365, Bankruptcy Rules 2002, 6004, 6006, and 9007, and Local Bankruptcy Rule 6004-1, Approving Sale of ASF Furnaces to Vast Billion Development Limited Free and Clear of All Liens, Claims, Encumbrances, and Interests Filed by Debtor GT Advanced Technologies, Inc. (RE: related document(s) 2631 Motion for Sale of Property under Section 363(b) filed by Debtor GT Advanced Technologies, Inc.) (Attachments: # 1 Proposed Order) (Bongartz, G.) (Entered: 11/25/2015)

GT Advanced Technologies Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 6, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of New Hampshire. The case number for the lead bankruptcy case is 14-11916. The bankruptcy case is currently assigned to United States Bankruptcy Judge Henry Boroff. The law firm of Paul Hastings LLP is acting as lead bankruptcy counsel to GT Advanced Technologies Inc. in the bankruptcy case.


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