RadioShack Corporation Bankruptcy New Filing Alert: Motion For Authority To Use Cash Management Systems

On February 5, 2015, a motion for authority to use cash management systems was filed in the bankruptcy case of RadioShack Corporation and its affiliates.

The filing was assigned docket number 5 and is described on the court’s official docket as follows:

Motion to Maintain Bank Accounts Motion for an Order (I) Approving the Continued Use of the Debtors’ Cash Management System and (II) Granting Related Relief Filed By RadioShack Corporation (Attachments: # 1 Exhibit A – Flow Chart Summarizing Cash Management Sytem # 2 Exhibit B – Schedule of Bank Accounts # 3 Exhibit C – Proposed Interim Order # 4 Exhibit D – Proposed Final Order)(Fournier, David) (Entered: 02/05/2015)

RadioShack Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 5, 2015. 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 15-10197. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Carey. The law firm of Jones Day LLP is acting as lead bankruptcy counsel to RadioShack Corporation in the bankruptcy case.


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