Posts tagged with: "363"
Results 1 - 20 of 111
Sorted by Relevance | Sort by Date
RSS Subscribe: 20 results | 100 results
6 Oct 2010, 12:46 am by Randall Reese
Today, Judge Bruce Black (Bankr. N.D. Ill.) denied approval of bidding procedures for substantially all of the assets of RadLAX Gateway Hotel, LLC and its affiliates that were proposed by the debtors. Judge Black's order notes that the proposed bidding procedures were substantially identical to the bidding procedures in the chapter 11 bankruptcy cases of River Road Hotel Partners, LLC and its affiliates and refers to his decision in those cases for the basis of his decision. The two groups of… [read post]
22 Feb 2010, 6:25 pm by Randall Reese
In a February 2010 alert, Kirkland & Ellis LLP provided an analysis of a recent opinion by the Third Circuit Court of Appeals in the Reliant Energy Channelview LP bankruptcy cases (In re Reliant Energy Channelview LP, 2010 WL 143678 (3d Cir. Jan. 15, 2010)).  In the opinion, the Third Circuit Court of Appeals upheld the lower court's denial of a break-up fee for a stalking horse bidder because the stalking horse bidder's offer "was not conditioned on court approval of the break-up fee."In the… [read post]
15 Oct 2010, 12:54 pm by Randall Reese
To further research these pleadings, the case, or the issue, please visit www.netdockets.com and sign up for a trial account or, if you are at a mid-size or large firm, please contact us for more information about our large firm solutions. Bankruptcy Cases: River Road Hotel Partners, LLC and River Road Expansion Partners, LLC Court: U.S. Bankruptcy Court for the Northern District of Illinois Documents Notice of appeal of Order Denying Debtors' Bid Procedures Motion entered by Judge Bruce W.… [read post]
5 Oct 2010, 10:13 pm by Randall Reese
Bankruptcy Judge Bruce Black of the Northern District of Illinois bankruptcy court entered an order today denying a bidding procedures motion filed by River Road Hotel Partners, LLC and its affiliates, which filed chapter 11 bankruptcy cases in August of 2009. The debtors developed and manage the the InterContinental Hotel Chicago O'Hare located in Rosemont, Illinois (a suburb of Chicago close to O'Hare International Airport). In June, the debtors filed a motion seeking the approval of bidding… [read post]
14 Jul 2010, 12:30 am by Randall Reese
The Official Committee of Unsecured Creditors appointed in the bankruptcy cases of The Brown Publishing Company and its affiliates asked the Eastern District of New York bankruptcy court yesterday to prohibit Brown Publishing's first lien lender bank group from credit bidding its debt (approximately $72.7 million as of the bankruptcy filing) in an attempt to acquire substantially all of the debtors' assets in a court-supervised competitive auction process. Brown Publishing is an Ohio-based… [read post]
2 Jan 2014, 9:39 am by Bankruptcy Attorney
On January 9, 2014, at noon, the Business Law Section of the State Bar of California will put on a webinar entitled "Disposition of IP Assets in Bankruptcy."  The speakers are Gary Kaplan, Adam A. Lewis and Roger Ross.  You can sign up using this link.  Reno Fernandez is a member of the Business Law Section's Insolvency Law Committee. [read post]
17 Jun 2013, 7:26 am by Bankruptcy Attorney
Orchard Supply Hardware Stores Corp. has commenced a chapter 11 bankruptcy case in Delaware (Case No. 13-11565).  The company spun off from Sears Holdings Corp. in 2011, and blames burdensome payments owed to Sears as the reason for reorganizing.  Lowe's is set to serve as stalking horse bidder to buy 60 of OSH's 91 California stores with a bid of $205 million.http://mobile.reuters.com/article/idUSL5N0ET07620130617?irpc=932 [read post]
21 Dec 2009, 8:58 pm by IP Dragon
Yesterday, it was announced that the Report of the Appellate Body in China – Measures Affecting Trading Rights and Distribution Services for Certain Publications and Audiovisual Entertainment Products, WT/DS363/AB/R was published. The three Members of the Appellate Body who served on this appeal were: Ms. Jennifer Hillman, as Presiding Member, Mr. Shotaro Oshima and Mr. Ricardo Ramírez-Hernández. You can download the 183 pg report here (see on your right hand side 'All… [read post]
12 Dec 2012, 3:01 pm by Douglas Mintz
With companies facing significant distress due to vast over-leverage, debtors have increasingly turned to asset sales under Section 363 of the Bankruptcy Code, rather than Chapter 11 plans, to dispose of their assets quickly and begin the process of winding down their estates. According to the UCLA-LoPucki Bankruptcy Research Database, less than 4 percent of all large, public company bankruptcies were resolved by substantial asset sales from 1990-2000. However, in the period from 2001-2010, that… [read post]
12 Sep 2013, 6:11 am by Luke Tonachel
Luke Tonachel, Vehicles Analyst, New York City Starting today, sellers can print and affix fuel economy labels to the window of used cars. For years, consumer interest in fuel economy has been growing and the label can help used car buyers cut through the clutter of offers and zero-in on the most efficient vehicle that meets their needs. In addition to print, the labels are available for download to insert into on-line advertisements. Just go to… [read post]
20 Jan 2014, 12:06 am by chapter11cases
On January 16, 2014, a response to 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 TLO, LLC and its affiliates. The filing was assigned docket number 686 and is described on the court’s official docket as follows: Amended Response to (487 Objection filed by Interested Party e-Merges.com, Inc.) Filed by Debtor TLO, LLC (Rigoli, Jason) (Entered: 01/16/2014) TLO, LLC filed for bankruptcy protection, or… [read post]
7 Apr 2014, 12:35 am by Randall Reese
On April 4, 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 33 and is described on the court’s official docket as follows: Order Granting [26] Emergency Motion to Shorten Time to Respond and Request for Hearing Regarding Bidding Procedures Motion filed by Debtor Hedwin Corporation. (Rybczynski,… [read post]
7 Apr 2014, 12:38 am by Randall Reese
On April 4, 2014, 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 Hedwin Corporation and its affiliates. The filing was assigned docket number 26 and is described on the court’s official docket as follows: Emergency Motion to Shorten Time to Respond and Request for Hearing Regarding Bidding Procedures Motion Filed by Hedwin Corporation (related document(s)[25] Motion for Miscellaneous Relief filed by… [read post]
4 Feb 2014, 6:49 pm by chapter11cases
On February 4, 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 Laboratory Partners, Inc.  and its affiliates. The filing was assigned docket number 310 and is described on the court’s official docket as follows: Order Approving Bid Protections for Talon Stalking Horse Agreement. (related document(s)[46], [100], [282], [283]) Order Signed on 2/4/2014. (LCN) Laboratory… [read post]
18 Feb 2014, 8:28 pm by Randall Reese
On February 18, 2014, an objection to 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 Constar International Holdings LLC (2013) and its affiliates. The filing was assigned docket number 367 and is described on the court’s official docket as follows: Objection to Motion Approving Bidding Procedures (related document(s)[241], [242]) Filed by Isaiah Harley (Attachments: # (1) Attachment) (DMC) Constar… [read post]
21 Mar 2014, 8:33 pm by Randall Reese
On August 13, 2013, 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 Gibraltar Kentucky Development, LLC  and its affiliates. The filing was assigned docket number 227 and is described on the court’s official docket as follows: Order Denying Motion to Cancel Hearing And Approve Motion to Replace Contract Re: # 226 (Eisenberg, Randy) (Entered: 08/13/2013) Gibraltar Kentucky… [read post]
7 Apr 2014, 12:38 am by Randall Reese
On April 4, 2014, 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 Hedwin Corporation and its affiliates. The filing was assigned docket number 27 and is described on the court’s official docket as follows: Emergency Motion for Order Approving Asset Purchase Agreement and Authorizing Sale of Assets Outside Ordinary Course of Business, Authorizing Sale of Assets Free and Clear of Liens, Authorzing… [read post]
18 Mar 2014, 8:41 pm by Randall Reese
On March 18, 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 CCI Funding I, LLC and its affiliates. The filing was assigned docket number 1365 and is described on the court’s official docket as follows: Order Granting Motion to Approve Proposed Sale of Property Located at the Southeast Corner of E. Briarwood Ave. and South Havanna Street, Centennial, Colorado. (related… [read post]
30 Jan 2014, 2:41 pm by chapter11cases
On January 29, 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 Capitol Bancorp Ltd.  and its affiliates. The filing was assigned docket number 784 and is described on the court’s official docket as follows: Order Dismissing Appeals. (RE: related document(s)779 Stipulation filed by Creditor Committee Committee of Unsecured Creditors). (sms) (Entered: 01/29/2014) Capitol… [read post]
23 Jan 2014, 11:27 pm by chapter11cases
On January 23, 2014, 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 Florida Gaming Centers, Inc.  and its affiliates. The filing was assigned docket number 280 and is described on the court’s official docket as follows: Motion To Limit The Credit Bid of ABC Funding, LLC In Connection With The Sale of Substantially All of The Debtors’ Assets Filed by Creditor Committee Unsecured… [read post]