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Showing 2 posts in Credit Bidding.

Fisker’s Capped Credit Bidder is Denied Interlocutory Appeal and Direct Certification to the Third Circuit

Hybrid Tech Holdings, LLC v. Official Committee of Unsecured Creditors (In re Fisker Automotive Holdings, Inc.), No. 14-99 (GMS), 2014 WL 546036 (D. Del. Feb. 7, 2014); Hybrid Tech Holdings, LLC v. Official Committee of Unsecured Creditors (In re Fisker Automotive Holdings, Inc.), No. 14-99 (GMS), 2014 WL 576370 (D. Del. Feb. 12, 2014)

The Delaware District Court has denied Hybrid's emergency request for leave to appeal the Bankruptcy Court's order limiting its credit bid rights for cause under section 363(k) of the Bankruptcy Code as well as Hybrid's request for direct certification to the Third Circuit. Read More ›

Credit Bidding Limited For Cause Under Section 363(k)

In re Fisker Automotive Holdings, Inc., et al., No. 13-13087 (KG), 2014 WL 210593 (Bankr. D. Del. Jan. 17, 2014)

In this Memorandum Opinion, the Honorable Kevin Gross limited for cause secured creditor Hybrid Tech Holdings, LLC's entitlement to credit bid its secured claims in an upcoming sale of Fisker Automotive Holdings, Inc.'s assets pursuant to section 363(k) of the Bankruptcy Code. Read More ›