My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
GENERAL40045
DRMS
>
Back File Migration
>
General Documents
>
GENERAL40045
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/24/2016 7:59:20 PM
Creation date
11/23/2007 10:28:47 AM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
M1977376
IBM Index Class Name
General Documents
Doc Date
7/6/1993
Doc Name
REORGANIZED DEBTORS MOTION DATED 7/1/93 FOR APPROVAL TO SELL PROPERTY PLANT AND EQUIPMENT FORMERLY
Media Type
D
Archive
No
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
53
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
3. The relief sought in the ?lotion is fair, ~ust~~fied and <br />reasonable and is supported by the facts and circumstanc:es set <br />forth in the Motion,~the testimony, evidence and record nt the <br />hearing in respect of the Motion, and the record o! these cases. <br />4. The Motion is granted in all respects and the sale of <br />the Assets to DJJ pursuant to the terms of the Asset Purchase <br />Agreement, substantially in the form attached as Exhibit A to the <br />Motion (the "Asset Purchase Agreement") is approved. <br />5. The Reorganized Debtors have offered uncontested <br />testimony and evidence that the price at which the Assets are to <br />be sold is (a) q=enter than the nggregate value of all liens, if <br />any, on such Assets and (b) fair consideration for such Assets. <br />6. The Reorganized Debtors have offered uncontested <br />testimony and evidence as to the good faith, arm's length <br />negotiation of DJJ's purchase of the Assets. DJJ is a good faith <br />purchaser within the meaning of Bankruptcy Code section 363(m) <br />and is entitled`to all the protecEion thereunder. <br />7. The Reorgnnized Debtors are hereby aut:horizeC! and <br />directed to execute, deliver, and perform their recpect:ive <br />obligations under the Asset Purchase Agreement and to execute any <br />and all other documents, instruments and agreements ar:d to tnke <br />any and all actions necessary to complete the sale of t:he Assets. <br />Upon its execution and delivery by all parties thereto,. the Asset <br />Purchase Agreement shnll be valid, binding upon and enforceable <br />3 <br />
The URL can be used to link to this page
Your browser does not support the video tag.