Signal International, Inc. Bankruptcy New Filing Alert: Objection To The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On October 28, 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 Signal International, Inc. and its affiliates.

The filing was assigned docket number 432 and is described on the court’s official docket as follows:

Joinder in NewStar Equipment Finance I, LLC’s (1) Objection to Debtors’ Notice of Proposed Assumption and Assignment of Executory Contracts and Unexpired Leases and (2) Limited Objection to Debtors’ Motion for Entry of Order (A) Approving Purchase Agreement; (B) Authorizing Sale Free and Clear of All Liens, Claims, Encumbrances, and Other Interests; and (C) Granting Related Relief (related document(s)[120], [311], [317], [397], [398]) Filed by Pinto Island Land Company, Inc.. (Attachments: # (1) Certificate of Service) (Loizides, Christopher)

Signal International, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 12, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 15-11498. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Young Conaway Stargatt & Taylor, LLP is acting as lead bankruptcy counsel to Signal International, Inc. in the bankruptcy case.


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