Haggen Holdings, LLC Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On January 14, 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 Haggen Holdings, LLC and its affiliates.

The filing was assigned docket number 1227 and is described on the court’s official docket as follows:

Motion to Shorten – Motion Pursuant to Del. Bankr. L.R. 9006-1(e) for an Order Shortening the Time for Notice of the Hearing to Consider: (A) Debtors’ Motion Pursuant to 11 U.S.C. §§ 105 and 363 for Entry of an Order (I) Approving the Terms and Conditions of the Asset Purchase Agreement, (II) Authorizing the Sale of Certain of the Assets of Haggen Opco North, LLC Free and Clear of Liens, Claims, Interests and Encumbrances, (III) Finding that the Buyer Is a Good Faith Purchaser, and (IV) Granting Related Relief; and (B) Debtors’ Motion, Pursuant to 11 U.S.C. §§ 105, 363 and 554, for (I) Authority to Commence Store Closing Sales at the Puyallup Store, (II) Approval of Procedures for (A) Store Closings and (B) the Expedited Sale, Transfer, or Abandonment of De Minimis Assets at the Puyallup Store, and (III) Authority to Enter into the Liquidation Agreement (related document(s)[1223], [1225]) Filed by Haggen Holdings, LLC. (Attachments: # (1) Exhibit A) (Poppiti, Jr., Robert)

Haggen Holdings, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 8, 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 15-11874. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of Stroock & Stroock & Lavan LLP is acting as lead bankruptcy counsel to Haggen Holdings, LLC in the bankruptcy case.


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