ALCO Stores, Inc. Bankruptcy New Filing Alert: Objection To The Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On December 2, 2014, an objection to the motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of ALCO Stores, Inc. and its affiliates.

The filing was assigned docket number 405 and is described on the court’s official docket as follows:

Trustee’s Objection to Debtors’ Motion for an Order Authorizing and Approving Performance Based Incentives for Key Employees (RE: related document(s)[307] First Day Motion) (Lambert, Lisa)

ALCO Stores, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 12, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of Texas . The case number for the lead bankruptcy case is 14-34941. The bankruptcy case is currently assigned to United States Bankruptcy Judge Stacey Jernigan. The law firm of DLA Piper US LLP is acting as lead bankruptcy counsel to ALCO Stores, Inc. in the bankruptcy case.


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