GT Advanced Technologies Inc. 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 October 19, 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 GT Advanced Technologies Inc. and its affiliates.

The filing was assigned docket number 2461 and is described on the court’s official docket as follows:

Order Granting Motion For Sale of Property under Section 363(b) / 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 Hyperion Assets of GTAT Corporation to Neutron Therapeutics Inc. Free and Clear of All Liens, Claims, Encumbrances, and Interests (Related Doc # 2360) Signed on 10/19/2015. (jtp) (Entered: 10/19/2015)

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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