HemCon Medical Technologies, Inc. Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On January 15, 2016, 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 HemCon Medical Technologies, Inc. and its affiliates.

The filing was assigned docket number 16 and is described on the court’s official docket as follows:

Motion to Sell Debtor’s Assets Free and Clear of Liens, Claims and Encumbrances; and Approve Bid and Sale Procedures including Break-Up Fee to Tricol International Group Limited as Stalking Horse Bidder and for Assumption and Assignment of Executory Contracts Filed by Debtor HemCon Medical Technologies, Inc. (CONWAY, TIMOTHY) (Entered: 01/15/2016)

HemCon Medical Technologies, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 15, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Oregon. The case number for the lead bankruptcy case is 16-30119. The bankruptcy case is currently assigned to United States Bankruptcy Judge Peter McKittrick. The law firm of Tonkon Torp LLP is acting as lead bankruptcy counsel to HemCon Medical Technologies, Inc. in the bankruptcy case.


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