Axion International, Inc. Bankruptcy New Filing Alert: Memorandum Of Law With Respect To To Avoid Liens

On February 8, 2016, a memorandum of law with respect to to avoid liens was filed in the bankruptcy case of Axion International, Inc. and its affiliates.

The filing was assigned docket number 164 and is described on the court’s official docket as follows:

Memorandum of Law / Memorandum of Plastic Ties Financing LLC in Opposition to Committee’s Motion for an Order Granting Leave, Standing and Authority to Commence Certain Causes of Actions Challenging, Recharacterizing and Subordinating Certain Liens and Payments (related document(s)[145], [163]) Filed by Plastic Ties Financing LLC. (Attachments: # (1) Declaration of Allen Kronstadt # (2) Declaration of Donald W. Fallon) (Demmy, John)

Axion International, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on December 2, 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 15-12415. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Bayard, P.A. is acting as lead bankruptcy counsel to Axion International, Inc. in the bankruptcy case.


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