Constellation Enterprises LLC Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On May 25, 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 Constellation Enterprises LLC and its affiliates.

The filing was assigned docket number 87 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 for Entry of (I) an Order Authorizing the Sale of CSC’s Assets to the Private Sale Purchaser or, in the Alternative, (II) (A) an Order Establishing Bidding Procedures and Granting Related Relief and (B) an Order Approving the Sale of CSC’s Assets to the Successful Bidder) Fee Amount $176 Filed by Constellation Enterprises LLC. Hearing scheduled for 6/15/2016 at 10:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 6/8/2016. (Attachments: # (1) Notice of Motion and Hearing # (2) Exhibit A # (3) Exhibit B # (4) Exhibit C) (Biblo, Rachel)

Constellation Enterprises LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 16, 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 16-11213. The bankruptcy case is currently assigned to United States Bankruptcy Judge Judge Not Yet Assigned. The law firm of Kramer Levin Naftalis & Frankel LLP is acting as lead bankruptcy counsel to Constellation Enterprises LLC in the bankruptcy case.


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