In Burtch v. Avnet, Inc. (In re ManagedStorage International, Inc. et al. ), 1 ManagedStorage International, Inc. and its related affiliates (Debtors) filed a bankruptcy petition on February 4, 2009. Simultaneously, the Debtors filed a motion to sell their assets pursuant to a Section 363 sale free and clear of all liens assets to Laurus Master Fund Ltd. (Laurus). Avnet, Inc. (Avnet) objected to the sale and asserted a purchase money security interest in certain of the Debtors' assets. Eventually, the Debtors, the Official Committee of Unsecured Creditors (Committee), and Avnet entered into a stipulation requiring the segregation and maintenance of Avnet's collateral (Stipulation).