The U.S. Bankruptcy Court approves the motion set by SierraConstellation Partners, as the Liquidating Trustee of The Fuller Brush Company, Inc. and CPAC, Inc., which seeks an order pursuant to Rule 9019 of the Federal Rules of Bankruptcy Procedure, authorizing and approving a settlement of disputes between the Liquidating Trustee and Joseph Grabowski upon the terms set forth in a Preference Settlement Agreement dated March 6, 2014 between the parties. The Court held that the relief sought in the Motion is in the best interests of the Debtors, their estates and all parties-in-interest.
The Committee of Executive & Administrative Retirees of The Budd Company, Inc. sought and obtained permission from the Hon. Jack B. Schmetterer of the U.S. Bankruptcy Court for the Northern District of Illinois to retain Jenner & Block LLP as attorneys for the Committee, effective May 6, 2014.
Judge Shelley C. Chapman of the U.S. Bankruptcy Court for the Southern District of New York on May 28 issued an order selecting the Hon. Robert D. Drain to serve as a mediator in the Chapter 11 cases of Lightsquared Inc. and its debtor affiliates.
Douglas A. Kelley, the Chapter 11 Trustee of Petters Company, Inc. and its debtor-affiliates, sought and obtained permission from the Hon. Gregory F. Kishel of the U.S. Bankruptcy Court for the District of Minnesota to employ Adam & Bleser as counsel.
Legend Parent, Inc., et al., ask the Bankruptcy Court for permission to employ Alvarez & Marsal North America, LLC to serve as restructuring advisor to the Debtors, nunc pro tunc to the Petition Date.
Giles-Jordan, Inc. filed a motion with the U.S. Bankruptcy Court seeking to employ Jeffrey W. Oppel of Oppel & Goldberg, P.L.L.C. as attorney-in-charge to, among other things:
Ablest Inc. and its debtor-affiliates won authorization from the U.S. Bankruptcy Court for the District of Delaware to employ FTI Consulting, Inc. as operational improvement advisors, nunc pro tunc to Apr. 1, 2014 petition date.