Axion International, Inc. Bankruptcy New Filing Alert: Motion For Authority To Enter Into A New Agreement

On December 10, 2015, a motion for authority to enter into a new agreement was filed in the bankruptcy case of Axion International, Inc. and its affiliates.

The filing was assigned docket number 37 and is described on the court’s official docket as follows:

Motion to Authorize // Motion of the Debtors for an Order Pursuant to Sections 105(a) and 363(b) of the Bankruptcy Code Authorizing (I) Entry into a Lease Agreement for the Use of a Certain Railroad Track, (II) Entry into a Related Indemnification Agreement, and (III) Granting Related Relief Filed by Axion International, Inc.. Hearing scheduled for 12/29/2015 at 10:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 12/22/2015. (Attachments: # (1) Notice # (2) Exhibit A (Proposed Order) # (3) Exhibit B (ITA) # (4) Exhibit C (Joint Use Agreement) # (5) Exhibit D (Indemnification Agreement)) (Alberto, Justin)

Axion International, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on December 2, 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 15-12415. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Bayard, P.A. is acting as lead bankruptcy counsel to Axion International, Inc. in the bankruptcy case.


Leave a Reply