UCI International, LLC filed a motion in the US Bankruptcy Court for the sale of its certain assets on June 16, 2016. The debtor seeks the Court’s approval for the procedure of sale of its de minimis assets with value of less than $5 million. The debtor requests the Court that it shall be authorized to sell the assets without any further authorization from the court for sale of less than $5 million. For assets with selling price of less than $0.5 million, the Debtor should exercise their business judgment that such Sale is in the best interests of their estates and is consistent with the terms of the Cash Collateral Order or post-petition financing order and the assets are free of any liens. For assets with selling price of more than $0.5 million but less than $5 million, the debtors will also be required to serve notices to the related parties and shall consensually resolve the objections, if any. Pursuant to this, the sale will be deemed final and fully authorized by the court.