No. 20-1338
Li Li v. J.C. Penney Company, Incorporated
Response Waived
Tags: 363-motion asset-sale bankruptcy-code chapter-11 equity-committee good-faith good-faith-requirement standing sub-rosa-plan
Latest Conference:
2021-04-23
Question Presented (from Petition)
(1) Whether the lower courts erred in authorizing the sale of J. C. Penney ' s crown jewel assets pursuant to 11 U.S.C. § 363 under an impermissible sub rosa plan;
(2) Whether the Transactions satisfied the good faith requirement of Section 363(m);
(3) Should Li, a member of Ad Hoc Equity Committee (AHEC) be permitted to substitute the AHEC on motion and prosecute the appeal when the AHEC was unable to retain counsels to continue the appeal collectively due to professional fees.
Question Presented (AI Summary)
Whether the lower courts erred in authorizing the sale of J. C. Penney's crown jewel assets pursuant to 11 U.S.C. § 363 under an impermissible sub rosa plan
Docket Entries
2021-04-26
Petition DENIED.
2021-04-07
DISTRIBUTED for Conference of 4/23/2021.
2021-03-31
Waiver of right of respondent J.C. Penney Co., Inc. to respond filed.
2021-03-15
Petition for a writ of certiorari filed. (Response due April 23, 2021)
Attorneys
Li Li
Li Li — Petitioner