Philadelphia Entertainment and Development Partners, L.P. Bankruptcy New Filing Alert: Order Regarding The Plan Of Liquidation

On April 22, 2014, an order regarding the plan of liquidation was filed in the bankruptcy case of Philadelphia Entertainment and Development Partners, L.P. and its affiliates.

The filing was assigned docket number 48 and is described on the court’s official docket as follows:

Order Granting Motion scheduling an objection deadline and combined hearing on the disclosure statement and plan confirmation approving form and Notice of Confirmation Hearing, establishing procedures for objections to the disclosure statement and the plan. Confirmation Hearing scheduled for 05/30/2014 at 10:30 am. Nix. 5 Courtroom #5. Objection to disclosure statement or confirmation of plan due by 05/23/2014 at 5:00 pm. Reply deadline is set for 05/27/2014 at 5:00 pm. (Related Doc # 35) (R., Donna) (Entered: 04/22/2014)

Philadelphia Entertainment and Development Partners, L.P. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 31, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Eastern District of Pennsylvania . The case number for the lead bankruptcy case is 14-12482. The bankruptcy case is currently assigned to United States Bankruptcy Judge Magdeline Coleman. The law firm of DLA Piper US LLP is acting as lead bankruptcy counsel to Philadelphia Entertainment and Development Partners, L.P. in the bankruptcy case.

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