Abeinsa Holding Inc. Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On May 4, 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 Abeinsa Holding Inc. and its affiliates.

The filing was assigned docket number 173 and is described on the court’s official docket as follows:

Motion to Approve Sale – Motion of Abengoa Solar LLC for Entry of an Order (I) Authorizing the Debtor to Enter Into Purchase Agreement for Sale of Equipment, (II) Authorizing Private Sale of Equipment Free and Clear of Liens, Claims, Encumbrances, and Other Interests, and (III) Granting Related Relief Filed by Abeinsa Holding Inc.. Hearing scheduled for 5/25/2016 at 01:30 PM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #5, Wilmington, Delaware. Objections due by 5/18/2016. (Attachments: # (1) Exhibit A – Proposed Order # (2) Exhibit B # (3) Exhibit C) (Martin, R.)

Abeinsa Holding Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 29, 2016. 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 16-10790. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Carey. The law firm of DLA Piper US LLP is acting as lead bankruptcy counsel to Abeinsa Holding Inc. in the bankruptcy case.


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