Newbury Common Associates, LLC Bankruptcy New Filing Alert: Motion For Miscellaneous “First Day” Relief

On February 4, 2016, a motion for miscellaneous “first day” relief was filed in the bankruptcy case of Newbury Common Associates, LLC and its affiliates.

The filing was assigned docket number 173 and is described on the court’s official docket as follows:

Motion Regarding Chapter 11 First Day Motions – Motion of the Debtors for Entry of an Order Authorizing the Debtors to I) Continue and Renew Their Property, Commercial Liability, and Other Insurance Policies and Agreements, (II) Honor All Obligations in Respect Thereof, (III) Honor Their Prepetition Insurance Premium Financing Arrangements, and (IV) Renew Their Premium Financing Arrangements in the Ordinary Course of Business Filed By Newbury Common Associates, LLC (Brady, Robert)

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.


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