Axiant, LLC (a/k/a MBSolutions LLC) Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On May 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 Axiant, LLC (a/k/a MBSolutions LLC) and its affiliates.

The filing was assigned docket number 825 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 the Chapter 7 Trustee for an Order Approving Sale of Certain Assets of the Debtors’ Estate to Oak Point Partners, Inc. Free and Clear of Liens, Claims, Interests and Encumbrances Pursuant to 11 U.S.C. Sections 105 and 363 and Related Relief Fee Amount $176 Filed by Alfred Thomas Giuliano. Hearing scheduled for 6/22/2016 at 02:00 PM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #4, Wilmington, Delaware. Objections due by 6/15/2016. (Attachments: # (1) Exhibit A # (2) Proposed Form of Order # (3) Notice # (4) Certificate of Service # (5) Service List) (Niederman, Seth)

Axiant, LLC (a/k/a MBSolutions LLC) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 20, 2009. 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 09-14118. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Unknown is acting as lead bankruptcy counsel to Axiant, LLC (a/k/a MBSolutions LLC) in the bankruptcy case.


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