Prospect Park Networks, LLC  Bankruptcy New Filing Alert: Motion For Setoff Or Recoupment Of Claims

On January 19, 2015, a motion for setoff or recoupment of claims was filed in the bankruptcy case of Prospect Park Networks, LLC  and its affiliates.

The filing was assigned docket number 239 and is described on the court’s official docket as follows:

Motion for Relief from Stay to Permit Andrews Kurth LLP to Setoff Retainer and Approving Stipulation Relating Thereto . Fee Amount $176. Filed by Prospect Park Networks, LLC. Hearing scheduled for 2/23/2015 at 02:00 PM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #4, Wilmington, Delaware. Objections due by 2/13/2015. (Attachments: # (1) Exhibit A – Stipulation # (2) Exhibit B – Proposed Form of Order # (3) Notice of Motion) (Chipman, William)

Prospect Park Networks, LLC  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 10, 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 14-10520. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Cousins, Chipman & Brown, LLP is acting as lead bankruptcy counsel to Prospect Park Networks, LLC  in the bankruptcy case.


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