Federation Employment and Guidance Service, Inc. (d/b/a FEGS) Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code





On March 4, 2016, a motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Federation Employment and Guidance Service, Inc. (d/b/a FEGS) and its affiliates.

The filing was assigned docket number 635 and is described on the court’s official docket as follows:

Motion for Sale of Property under Sec. 363(b) (Hearing Date & Time for Bid Procedures: 3/28/16 @ 1:30 p.m.; Objection Deadline for Bid Procedures: 3/25/16 @ 4:00 p.m.; Sale Hearing Date and Time: TBD; Objection Deadline for Sale Hearing: TBD) Debtor’s Motion, Pursuant to 11 U.S.C. §§ 105 and 363 and Rules 2002 and 6004 of the Federal Rules of Bankruptcy Procedure, Seeking Entry of Orders: (I) Approving Bid Procedures, Scheduling an Auction and Sale Hearing, and Approving Related Notices; and (II) Approving the Debtor’s Sale of Real Property Located at 3312-30 Surf Avenue, Brooklyn, New York, Free and Clear of All Liens, Claims, Encumbrances and Other Interests and Granting Related Relief . Objections to be filed on 3/25/16 at 2:00 p.m.. Hearing on Objections, if any, will be held on: 3/28/16 at 1:30 p.m.. Filed by Frank A Oswald on behalf of Federation Employment and Guidance Service, Inc.. Hearing scheduled for 3/28/2016 at 01:30 PM at Courtroom 860 (Judge Grossman), CI, NY. (Attachments: # (1) Exhibit A: Sale Agreement # (2) Exhibit B: Bid Procedures Order # (3) Exhibit 1 to Exhibit B: Notice of Sale, Auction, Sale Hearing, and Related Deadlines # (4) Exhibit A to Exhibit 1 to Exhibit B: Bidding Procedures # (5) Exhibit C: Sale Order # (6) Notice of Hearing) (Oswald, Frank)

Federation Employment and Guidance Service, Inc. (d/b/a FEGS) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 18, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Eastern District of New York . The case number for the lead bankruptcy case is 15-71074. The bankruptcy case is currently assigned to United States Bankruptcy Judge Robert Grossman. The law firm of Garfunkel Wild, P.C. is acting as lead bankruptcy counsel to Federation Employment and Guidance Service, Inc. (d/b/a FEGS) in the bankruptcy case.

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