Cadence Innovation gets court OK of $7.48 million property sale

By Jennifer Lanning Drey

Portland, Ore., June 25 - Cadence Innovation LLC was granted court approval of the $7.48 million sale of its Chesterfield Township, Mich., property to Metro International Trade Services, LLC, according to a Wednesday filing with the U.S. Bankruptcy Court for the District of Delaware.

As previously reported, the property houses two of Cadence's industrial facilities.

Cadence, a Troy, Mich.-based auto parts supplier, filed for bankruptcy on Aug. 26, 2008. Its Chapter 11 case number is 08-11973.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.