Thornton & Co., 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 November 12, 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 Thornton & Co., Inc. and its affiliates.

The filing was assigned docket number 280 and is described on the court’s official docket as follows:

Objection of People’s United Bank, N.A. to Debtor’s Motion for Order (1) Authorizing and Approving Form of Stalking Horse Agreement, (2) Authorizing and Approving Bidding Procedures, (3) Authorizing and Approving Break-Up Fee, (4) Scheduling An Auction, (5) Approving Form and Manner of Notice Concerning Auction and Sale Hearing, and (6) Granting Other Related Relief Filed by Scott D. Rosen on behalf of People’s United Bank Creditor, (RE: 246 Generic Motion Part One filed by Debtor’s Attorney Green & Sklarz, LLC, 249 Generic Motion Part One filed by Debtor Thornton & Co., Inc.). (Rosen, Scott) (Entered: 11/12/2015)

Thornton & Co., 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 Connecticut. The case number for the lead bankruptcy case is 15-21416. The bankruptcy case is currently assigned to United States Bankruptcy Judge Ann Nevins. The law firm of Green & Sklarz LLC is acting as lead bankruptcy counsel to Thornton & Co., Inc. in the bankruptcy case.


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