Sears Methodist Retirement System, Inc. Bankruptcy New Filing Alert: Stipulation Regarding Motion For Authority To Use Cash Collateral

On February 27, 2015, a stipulation regarding motion for authority to use cash collateral was filed in the bankruptcy case of Sears Methodist Retirement System, Inc. and its affiliates.

The filing was assigned docket number 780 and is described on the court’s official docket as follows:

Stipulation between Sears Caprock Retirement Corporation and Santander Bank, NA for extension of use of Cash collateralOrder Entered on 2/27/2015 (RE: related document(s)[284] Order on motion to use or prohibit cash collateral). (Blanco, J.)

Sears Methodist Retirement System, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 10, 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 14-32821. 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 Sears Methodist Retirement System, Inc. in the bankruptcy case.


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