Forest Park Realty Partners III, LP Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On April 28, 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 Forest Park Realty Partners III, LP and its affiliates.

The filing was assigned docket number 87 and is described on the court’s official docket as follows:

Motion to sell property free and clear of liens under Section 363(f) Emergency Motion for (I) an Order Approving (A) Bid Procedures, (B) Sale Notice, (C) Assumption and Assignment Procedures, and (D) Scheduling Objection Deadlines, Auction and Sale Hearing, and (II) an Order Approving Sale of Substantially All of Debtors Assets and Assumption and Assignment of Contracts and Leases Fee amount $176, Filed by Debtor Forest Park Realty Partners III, LP (Attachments: # (1) Proposed Order # (2) Service List) (Hayward, Melissa)

Forest Park Realty Partners III, LP filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 30, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of Texas . The case number for the lead bankruptcy case is 15-34814. The bankruptcy case is currently assigned to United States Bankruptcy Judge Stacey Jernigan. The law firm of Franklin Hayward LLP is acting as lead bankruptcy counsel to Forest Park Realty Partners III, LP in the bankruptcy case.


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