Sea Island Company  Bankruptcy New Filing Alert: Order Regarding The Motion For An Extension Of A Pending Deadline

On December 4, 2015, an order regarding the motion for an extension of a pending deadline was filed in the bankruptcy case of Sea Island Company  and its affiliates.

The filing was assigned docket number 1440 and is described on the court’s official docket as follows:

Order Granting, Subject to Objection on the Terms Set Forth Below, the Motion to Extend the Duration of the Liquidation Trust. FURTHER ORDERED that the Court hereby grants the Motion and hereby (i) approves the requested extension of the Liquidation Trust pursuant to section 9.1 of the Liquidation Trust Agreement and (ii) extends the duration of the Liquidation Trust through and including December 16, 2017 subject to a party with standing filing a written objection with the Court on or before ten (10) days in advance of the Hearing Date; if no written objection is timely filed, the extension of the duration of the Liquidation Trust through and including December 16, 2017 shall be hereby granted on a final basis; and it is FURTHER ORDERED that, if a timely written objection is filed with the Court, the Court shall hold a hearing at 1:00pm on January 14, 2016 (the “Hearing Date”) at U.S. Courthouse, 801 Gloucester St., 3rd Fl., Brunswick, GA 31520 (the “Hearing”), and the Court shall consider at the Hearing whether to extend the duration of the Liquidation Trust beyond ninety (90) days after the Hearing Date through and including December 16, 2017. (Related Doc # [1439]). Filed on 12/4/2015. (CMK)

Sea Island Company  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on August 10, 2010. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Georgia . The case number for the lead bankruptcy case is 10-21034. The bankruptcy case is currently assigned to United States Bankruptcy Judge John Dalis. The law firm of Unknown is acting as lead bankruptcy counsel to Sea Island Company  in the bankruptcy case.


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