Taylor-Wharton International LLC (2015) 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 Taylor-Wharton International LLC (2015) and its affiliates.

The filing was assigned docket number 512 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) / Debtors’ Motion Pursuant to 11 U.S.C. §§ 105(A), 363, and 365, Fed. R. Bankr. P. 6004 and 6006, and Del. Bankr. L. R. 6004-1 for an Order Authorizing (I) the Assumption and Assignment of Certain Executory Contracts; (II) the Rejection of a Certain Executory Contract; (III) the Debtors to Enter into a Certain License Agreement; and (IV) the Sale of Certain Materials and Equipment Free and Clear of all Liens, Claims, Encumbrances, and Interests Fee Amount $176 Filed by Taylor-Wharton International LLC. Hearing scheduled for 3/21/2016 at 10:00 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #1, Wilmington, Delaware. Objections due by 3/14/2016. (Attachments: # (1) Notice # (2) Exhibit A # (3) Exhibit B # (4) Exhibit C) (Falgowski, Justin)

Taylor-Wharton International LLC (2015) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 7, 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 15-12075. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Reed Smith LLP is acting as lead bankruptcy counsel to Taylor-Wharton International LLC (2015) in the bankruptcy case.


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