On June 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 Bear Metallurgical Company & Gulf Chemical & Metallurgical Corporation and its affiliates.
The filing was assigned docket number 22 and is described on the court’s official docket as follows:
Motion of Debtors for an Order: (I) Approving Bid Procedures for Sale of Substantially All of the Debtors’ Assets; (II) Authorizing and Scheduling An Auction; (III) Scheduling Hearing for Approval of the Sale of Assets Free and Clear of Liens and the Assumption and Assignment of Certain Executory Contracts and Unexpired Leases to the Successful Bidder; (IV) Approving Certain Deadlines and the Form, Manner, And Sufficiency of Notice; and (V) Granting Other Related Relief Filed by Debtor Bear Metallurgical Company. (Attachments: # (1) Exhibit A – Bid Procedures # (2) Exhibit B – Sale and Bid Procedures Notice # (3) Exhibit C – All Creditor Notice # (4) Proposed Order) (Kelleher, William)
Bear Metallurgical Company & Gulf Chemical & Metallurgical Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 14, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the Western District of Pennslyvania . The case number for the lead bankruptcy case is 16-22192. The bankruptcy case is currently assigned to United States Bankruptcy Judge Jeffrey Deller. The law firm of McDonald Hopkins LLC is acting as lead bankruptcy counsel to Bear Metallurgical Company & Gulf Chemical & Metallurgical Corporation in the bankruptcy case.