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Key Bankruptcy Court Filings Regarding The Sale Of Assets Pursuant To Section 363 Of The Bankruptcy Code: Feb. 4, 2014

Our Chapter 11 Dockets product (learn more here: tracks every document filed in over 1,750 of the largest corporate chapter 11 cases filed nationwide. That's over 1,000 separate docket entries on the average day.

Below, we've gathered a list of some of the most important and interesting documents on this topic that have been filed in the last day or so - basically the 24-hour period starting late afternoon/early evening the night before last and ending late afternoon/early evening last night.

Click on the document summary to view a more detailed description of the document.

    • Case Name: Overseas Shipholding Group, Inc.
      • Document Summary: Motion For Sale of Property Free and Clear of Liens under Section 363(f) Debtors Motion for Orders (I)(NYSE:A) Authorizing Debtor Sellers Entry into the Purchase Agreement, (NYSE:B) Authorizing and Approving Bidding Procedures and Bid Protections, (NYSE:C) Approving the Notice Procedures, (NYSE:D) Setting a Date for a Sale Hearing; and (II) Authorizing and Approving Sale of Certain of the Debtors Vessels Free and Clear of Encumbrances Fee Amount $176 Filed by Overseas Shipholding Group, Inc.. Hearing scheduled for 2/20/2014 at 09:30 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #2, Wilmington, Delaware. Objections due by 2/14/2014. (Attachments: # (1) Notice # (2) Exhibit A (Bidding Procedures Order) # (3) Exhibit B (Sale Order) # (4) Exhibit C (Purchase Agreement - Part 1 of 4) # (5) Exhibit C (Purchase Agreement - Part 2 of 4) # (6) Exhibit C (Purchase Agreement - Part 3 of 4) # (7) Exhibit C (Purchase Agreement - Part 4 of 4) # (8) Exhibit D (Zabrocky Declaration) # (9) Exhibit E (Rosenberg Declaration)) (Butz, Daniel)
    • Case Name: Xtreme Power Inc.
      • Document Summary: Objection to Debtors Motion for Order (A)(I) Approving Bidding Procedures in Connection with the Sale of Substantially All of Their Assets by Public Auction; (II) Scheduling a Hearing to Consider the Sale of Assets; and (NASDAQ:III) Approving the Form and Manner of Notice Thereof; (B)(I) Authorizing and Approving the Sale of Assets Free and Clear of Liens, Claims, Encumbrances and Interests; and (II) Approving the Assumption and Assignment of Potential Designated Executory Contracts and Unexpired Leases; and (C) Granting Related Relief Filed by Meghan E.B. DeBard for Creditor First Wind Holdings, LLC for itself and its subsidiaries and affiliates (DeBard, Meghan) (related document(s): 30 DEBTORS MOTION FOR ORDERS (A)(I) APPROVING BIDDING PROCEDURES IN CONNECTION WITH THE SALE OF SUBSTANTIALLY ALL OF THEIR ASSETS BY PUBLIC AUCTION; (II) SCHEDULING A HEARING TO CONSIDER THE SALE OF ASSETS; AND (III) APPROVING THE FORM AND MANNER OF NOTICE THEREOF; (B)(I) AUTHORIZING AND APPROVING THE SALE OF ASSETS FREE AND CLEAR OF LIENS, CLAIMS, ENCUMBRANCES AND INTERESTS; AND (II) APPROVING THE ASSUMPTION AND ASSIGNMENT OF POTENTIAL DESIGNATED EXECUTORY CONTRACTS AND UNEXPIRED LEASES; AND (C) GRANTING RELATED RELIEF (If no timely response is filed by February 4, 2014, the relief requested herein may be granted without a hearing being held. Day Objection Language) filed by Nathaniel Peter Holzer for JointAdmin Debtors Xtreme Power Grove, LLC, Xtreme Power Systems, LLC, Debtor Xtreme Power Inc. (Attachments: # 1 Proposed Order))
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