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

On May 19, 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 Phoenix Brands LLC and its affiliates.

The filing was assigned docket number 16 and is described on the court’s official docket as follows:

Motion to Shorten Notice and Request for Hearing with Respect to Debtors’ Combined Motion for Entry of Orders: (I) Establishing Bidding and Sale Procedures and Bid Protections, Including Break-Up Fee; and (II) Granting Related Relief (related document(s)15) Filed by Phoenix Brands LLC. (Attachments: # 1 Exhibit A) (Jones, Laura Davis) (Entered: 05/19/2016)

Phoenix Brands LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 19, 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 16-11242. The bankruptcy case is currently assigned to United States Bankruptcy Judge Judge Not Yet Assigned. The law firm of Morrison Cohen LLP is acting as lead bankruptcy counsel to Phoenix Brands LLC in the bankruptcy case.


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