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

On April 14, 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 Juniper GTL LLC and its affiliates.

The filing was assigned docket number 15 and is described on the court’s official docket as follows:

Motion /Debtor’s Motion for an Order Pursuant to Sections 105, 363, 364, and 541 of the Bankruptcy Code and Bankruptcy Rules 2002, 6004, 6006 and 9014, (A) Approving Bidding Procedures and Stalking Horse Protections for the Sale of Substantially All of the Debtor’s Assets; (B) Approving Stalking Horse Purchase Agreement; (C) Approving Procedures for the Assumption and Assignment and Rejection of Designated Executory Contracts; (D) Scheduling the Auction and Sale Hearing; (E) Approving Forms and Manner of Notice of Respective Dates, Times, and Places in Connection Therewith; and (F) Granting Related Relief Filed by Debtor Juniper GTL LLC (Attachments: # 1 Exhibit A # 2 Exhibit B) (Wege, Mark) (Entered: 04/14/2016)

Juniper GTL LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 14, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Texas . The case number for the lead bankruptcy case is 16-31959. The bankruptcy case is currently assigned to United States Bankruptcy Judge Marvin Isgur. The law firm of King & Spalding, LLP is acting as lead bankruptcy counsel to Juniper GTL LLC in the bankruptcy case.


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