Local Corporation (d/b/a Local.Com Corp.) Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code





On February 29, 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 Local Corporation (d/b/a Local.Com Corp.) and its affiliates.

The filing was assigned docket number 382 and is described on the court’s official docket as follows:

Motion For Contempt NOTICE OF MOTION AND MOTION FOR ISSUANCE OF AN ORDER TO SHOW CAUSE RE CONTEMPT FOR VIOLATING THE ORDER APPROVING (A) SALE OF SUBSTANTIALLY ALL ASSETS OF THE ESTATE, (B) ASSUMPTION AND ASSIGNMENT OF CERTAIN EXECUTORY CONTRACTS, AND (C) REJECTION OF CONTRACTS; MEMORANDUM OF POINTS AND AUTHORITIES; DECLARATION OF SUKANTA MANDAL IN SUPPORT THEREOF Filed by Interested Party Media.net Advertising FZ-LLC (McDow, Ashley) (Entered: 02/29/2016)

Local Corporation (d/b/a Local.Com Corp.) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 23, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Central District of California . The case number for the lead bankruptcy case is 15-13153. The bankruptcy case is currently assigned to United States Bankruptcy Judge Scott Clarkson. The law firm of Winthrop Couchot P.C. is acting as lead bankruptcy counsel to Local Corporation (d/b/a Local.Com Corp.) in the bankruptcy case.

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