International Supply Co. Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On November 9, 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 International Supply Co. and its affiliates.

The filing was assigned docket number 113 and is described on the court’s official docket as follows:

Amended Motion or Application (related document(s): 81 Motion to Sell Free and Clear of Liens (Fee) Substantially All Assets of Debtor, and Request for Expedited Hearing filed by Debtor International Supply Co.) Filed by Sumner Bourne on behalf of International Supply Co. (Attachments: # 1 Exhibit A – Auction and Bid Procedures # 2 Exhibit B – Letter of Intent # 3 Exhibit C – Proposed Notice) (Bourne, Sumner) (Entered: 11/09/2015)

International Supply Co. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 24, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Central District of Illinois . The case number for the lead bankruptcy case is 15-81467. The bankruptcy case is currently assigned to United States Bankruptcy Judge Thomas Perkins. The law firm of Rafool, Bourne & Shelby, P.C. is acting as lead bankruptcy counsel to International Supply Co. in the bankruptcy case.


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