Taylor-Wharton International LLC (2015) Bankruptcy New Filing Alert: Objection To The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On February 12, 2016, an objection to 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 Taylor-Wharton International LLC (2015) and its affiliates.

The filing was assigned docket number 451 and is described on the court’s official docket as follows:

Objection to (A) Debtors Motion Pursuant to 11 U.S.C. §§ 105(a) and 363 and Fed. R. Bankr. P. 6004 for Order Authorizing the Sale of Certain Inventory Free and Clear of All Liens, Claims, and Encumbrances and Interests and (B) Debtors Motion Pursuant to 11 U.S.C. §§ 105(a), 327, 328, 330, 331 and 363, Fed. R. Bankr. P. 2014 and 6004 and Del. Bankr. L. R. 2014-1 and 6004-1 for an Order (I) Authorizing debtors to Enter into Auctioneer Agreement, (II) Approving Retention and Compensation of Paul E. Saperstein Co., Inc., and (III) Authorizing the Sale of Certain Inventory Free and Clear of All Liens, Claims, Encumbrances and Interests (related document(s)[393], [395]) Filed by The Official Committee of Unsecured Creditors (Klein, Julia)

Taylor-Wharton International LLC (2015) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 7, 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 15-12075. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Reed Smith LLP is acting as lead bankruptcy counsel to Taylor-Wharton International LLC (2015) in the bankruptcy case.


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