CDC Corp. puts CDC Software Corp. unit on auction block
Bankruptcy practice group leader and Atlanta partner Jeff Kelley was mentioned in a February 22 Deal Pipeline story about CDC Corp. putting its CDC Software Corp. unit on the auction block after the U.S. Bankruptcy Court for the Northern District of Georgia on February 16 approved bidding procedures for the sale.
CDC, a provider of enterprise software, online games, and Internet and media services, filed for Chapter 11 protection on Oct. 4 to stay enforcement of a judgment in favor of its creditor, Evolution Master Fund Ltd. Kelley is counsel to the official committee of equity security holders at CDC Corp.