On February 5, 2016, an order regarding the motion for authority to pay claims of vendors was filed in the bankruptcy case of Newbury Common Associates, LLC and its affiliates.
The filing was assigned docket number 205 and is described on the court’s official docket as follows:
Interim Order (I) Determining That Utility Providers Have Been Provided With Adequate Assurance of Payment, (II) Prohibiting Utility Providers from Altering, Refusing, or Discontinuing Service on Account of Prepetition Invoices, (III) Approving Deposit as Adequate Assurance of Payment, and (IV) Establishing Procedures for Resolving Requests by Utility Providers for Additional Adequate Assurance of Payment (Related Doc # ) Order Signed on 2/5/2016. (Attachments: #(1)Exhibit A)(AK)
Newbury Common Associates, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on December 13, 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 15-12507. The bankruptcy case is currently assigned to United States Bankruptcy Judge Laurie Selber Silverstein. The law firm of Dechert LLP is acting as lead bankruptcy counsel to Newbury Common Associates, LLC in the bankruptcy case.