New York Light Energy, LLC Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On December 3, 2015, an order regarding 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 New York Light Energy, LLC and its affiliates.

The filing was assigned docket number 239 and is described on the court’s official docket as follows:

Order Granting Motion to Shorten Time to Consider Motion by Debtors for an Order: (i) Authorizing Debtors to Retain Blackbird Asset Services, LLC as Liquidation Agent Pursuant to 11 U.S.C. Section 327(a); and (ii) Authorizing Debtors to Conduct a Sale of Excess Inventory, Free and Clear of All Liens, Claims and Encumbrances, Pursuant to 11 U.S.C. Section 105(a) and 363(b) and Rule 6004 of the Federal Rules of Bankruptcy Procedure. (Related Doc # [238]) Hearing scheduled for 12/16/2015 at 10:30 AM at Albany CourtRoom. (Glasheen, Dorothy)

New York Light Energy, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 27, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of New York . The case number for the lead bankruptcy case is 15-11121. The bankruptcy case is currently assigned to United States Bankruptcy Judge Robert Littlefield Jr.. The law firm of Bond, Schoeneck & King, PLLC  is acting as lead bankruptcy counsel to New York Light Energy, LLC in the bankruptcy case.


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