On March 18, 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 Molycorp, Inc. and its affiliates.
The filing was assigned docket number 1419 and is described on the court’s official docket as follows:
Motion For Sale of Property Free and Clear of Liens under Section 363(f)(FEE) – Motion of Debtors, Pursuant to Sections 105 and 363 of the Bankruptcy Code, Bankruptcy Rules 2002 and 6004 and Local Bankruptcy Rule 6004-1, for an Order Authorizing the Sale of the Tolleson Assets Free and Clear of All Liens, Claims, Interests and Encumbrances Fee Amount $176 Filed by Molycorp, Inc.. Hearing scheduled for 4/8/2016 at 01:00 PM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 4/1/2016. (Attachments: # (1) Notice # (2) Exhibit A # (3) Exhibit B # (4) Exhibit C # (5) Exhibit D) (Rucki, Justin)
Molycorp, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 25, 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 15-11357. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Jones Day LLP is acting as lead bankruptcy counsel to Molycorp, Inc. in the bankruptcy case.