Haggen Holdings, LLC Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On March 9, 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 Haggen Holdings, LLC and its affiliates.

The filing was assigned docket number 1544 and is described on the court’s official docket as follows:

Motion to Shorten – Motion Pursuant to Del. Bankr. L.R. 9006-1(e) for an Order Shortening the Time for Notice of the Hearing to Consider: (1) Debtors Motion, Pursuant to 11 U.S.C. §§ 105, 363 and 554, for (I) Authority to Commence Store Closing Sales at Certain Stores, (II) Approval of Procedures for Store Closings, and (III) Authority to Enter Into the Liquidation Agreement; (2) Debtors Motion Pursuant to 11 U.S.C. §§ 105 and 363 for Entry of Orders (I) Approving the Terms and Conditions of the Asset Purchase Agreements, (II) Authorizing the Sale of Certain of the Debtors Assets Free and Clear of Liens, Claims, Interests and Encumbrances, (III) Finding that the Buyers Are Good Faith Purchasers, and (IV) Granting Related Relief; and (3) Debtors Motion for an Order Establishing Procedures for Sales of Certain Miscellaneous Assets and Pharmacy Assets Outside the Ordinary Course of Business Free and Clear of All Liens, Claims, Interests and Encumbrances Pursuant to Section 363 of the Bankruptcy Code (related document(s)[1538], [1540], [1542]) Filed by Haggen Holdings, LLC. (Attachments: # (1) Exhibit A) (Bambrick, Ian)

Haggen Holdings, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 8, 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 15-11874. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of Stroock & Stroock & Lavan LLP is acting as lead bankruptcy counsel to Haggen Holdings, LLC in the bankruptcy case.


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