Philadelphia Entertainment and Development Partners, L.P. Bankruptcy New Filing Alert: Objection To The Disclosure Statement With Respect To A Plan Of Reorganization Or Liquidation

On June 13, 2014, an objection to the disclosure statement with respect to a plan of reorganization or liquidation was filed in the bankruptcy case of Philadelphia Entertainment and Development Partners, L.P. and its affiliates.

The filing was assigned docket number 116 and is described on the court’s official docket as follows:

Objection to Disclosure Statement filed by Debtor Philadelphia Entertainment and Development Partners, L.P., Amended Chapter 11 Plan (pre-confirmation) filed by Debtor Philadelphia Entertainment and Development Partners, L.P. Filed by FDC Philadelphia, LP (related document(s)88, 17). (Attachments: # 1 Certificate of Service) (KULBACK, JERROLD) (Entered: 06/13/2014)

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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