Deb Stores Holding LLC (2014) Bankruptcy New Filing Alert: Motion For Authority To Use Cash Management Systems

On December 4, 2014, a motion for authority to use cash management systems was filed in the bankruptcy case of Deb Stores Holding LLC (2014) and its affiliates.

The filing was assigned docket number 10 and is described on the court’s official docket as follows:

Motion to Approve /Motion Pursuant to Sections 105, 345, 363, 1107, and 1108 of the Bankruptcy Code for an Order Authorizing (I) Maintenance of Existing Bank Accounts, (II) Continued Use of Existing Business Forms, (III) Continued Use of Existing Cash Management System, (IV) Continued Performance of Intercompany Transactions, and (V) Limited Waiver of Section 345(b) Deposit and Investment Requirements. Filed by Deb Stores Holding LLC. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3Exhibit C) (Jones, Laura Davis) (Entered: 12/04/2014)

Deb Stores Holding LLC (2014) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on December 4, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 14-12676. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Pachulski Stang Ziehl & Jones LLP is acting as lead bankruptcy counsel to Deb Stores Holding LLC (2014) in the bankruptcy case.


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