Peabody Energy Corporation Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code





On May 3, 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 Peabody Energy Corporation and its affiliates.

The filing was assigned docket number 331 and is described on the court’s official docket as follows:

Amended Motion to OF DEBTORS AND DEBTORS IN POSSESSION, PURSUANT TO SECTIONS 105, 363, 365 AND 554 OF THE BANKRUPTCY CODE, FOR AN ORDER APPROVING PROCEDURES TO SELL, TRANSFER OR ABANDON CERTAIN MISCELLANEOUS AND DE MINIMIS ASSETS, FREE AND CLEAR OF LIENS, CLAIMS AND ENCUMBRANCES, AND TO PAY RELATED COMMISSIONS IN CONNECTION WITH SUCH SALES WITHOUT FURTHER COURT APPROVAL Filed by Debtor Peabody Energy Corporation Hearing scheduled 5/17/2016 at 10:00 AM at Bankruptcy Courtroom 5 North. (Cousins, Steven)

Peabody Energy Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 13, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the Eastern District of Missouri . The case number for the lead bankruptcy case is 16-42529. The bankruptcy case is currently assigned to United States Bankruptcy Judge Barry Schermer. The law firm of Jones Day LLP is acting as lead bankruptcy counsel to Peabody Energy Corporation in the bankruptcy case.

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