Hedwin Corporation Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On May 15, 2014, an order regarding the motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Hedwin Corporation and its affiliates.

The filing was assigned docket number 186 and is described on the court’s official docket as follows:

Order (A) Approving Asset Purchase Agreement and Authorizing Sale of Assets Outside the Ordinary Course of Business, (B) Authorizing the Sale of Assets Free and Clear of All Liens, Claims, Encumbrances and Interests Pursuant to Sections 363(b),(f) and(m) of the Bankruptcy Code, (C) Authorizing the Assumption and Assignment of Certain Executory Contracts and Unexpired Leases, and (D) Granting Related Relief. (related document(s):[27] Motion for Miscellaneous Relief filed by Debtor Hedwin Corporation). (Escobar, Jolon)

Hedwin Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 2, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Maryland. The case number for the lead bankruptcy case is 14-15194. The bankruptcy case is currently assigned to United States Bankruptcy Judge Nancy Alquist. The law firm of Tydings & Rosenberg LLP is acting as lead bankruptcy counsel to Hedwin Corporation in the bankruptcy case.

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