On December 11, 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 NII Holdings, Inc. (2014) and its affiliates.
The filing was assigned docket number 298 and is described on the court’s official docket as follows:
Objection to Motion /Amended Objection Of The United States Trustee To Motion Of Debtors And Debtors In Possession For Entry Of An Order Approving (I) Their Key Employee Incentive Plan, (II) Cash Bonus Incentive Payments For Certain Employees And (III) Potential Severance Payments To Certain Employees (Amended Table of Authorities) (related document(s)) filed by Brian Shoichi Masumoto on behalf of United States Trustee. (Masumoto, Brian)
NII Holdings, Inc. (2014) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 15, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 14-12611. The bankruptcy case is currently assigned to United States Bankruptcy Judge Shelley Chapman. The law firm of Jones Day LLP is acting as lead bankruptcy counsel to NII Holdings, Inc. (2014) in the bankruptcy case.