Mortgages Ltd. Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code





On February 26, 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 Mortgages Ltd. and its affiliates.

The filing was assigned docket number 4205 and is described on the court’s official docket as follows:

Motion to Approve ML MANAGER’S MOTION TO AUTHORIZE DISTRIBUTION OF SALE PROCEEDS TO INVESTORS IN VANDERBILT FARMS, LLC LOAN filed by CATHY L. REECE of FENNEMORE CRAIG, P.C. on behalf of ML Manager LLC. (REECE, CATHY)

Mortgages Ltd. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 20, 2008. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Arizona. The case number for the lead bankruptcy case is 08-07465. The bankruptcy case is currently assigned to United States Bankruptcy Judge Randolph Haines. The law firm of Greenberg Traurig, LLP is acting as lead bankruptcy counsel to Mortgages Ltd. in the bankruptcy case.

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