RadioShack Corporation Bankruptcy New Filing Alert: Objection To The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On February 17, 2015, an objection to the motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of RadioShack Corporation and its affiliates.

The filing was assigned docket number 318 and is described on the court’s official docket as follows:

Limited Objection OF JOINDER OF URBANCAL OAKLAND MALL, LLC, RAMCO-GERSHENSON PROPERTIES, L.P., RAMCO JACKSON CROSSING SPE, LLC, RAMCO SPRING MEADOWS, LLC, CHESTER SPRINGS SC, LLC, OLENTANGY PLAZA 450 LLC, MARKET PLAZA 450, LLC, LINTON DELRAY, LLC, WEST ALLEN PLAZA, LLC, AGREE LIMITED PARTNERSHIP, MT. PLEASANT SHOPPING CENTER, L.L.C., SFP POOL SIX, LLC, SFP WASHINGTON SHOPPING CENTER LLC, SCHOSTAK BROTHERS & COMPANY, INC., SFP POOL ONE SHOPPING CENTERS L.P., SFP POOL TWO SHOPPING CENTERS L.P., LANDINGS OF SARASOTA FLORIDA L.L.C., SFP POOL THREE SHOPPING CENTERS L.P. TO DEBTORS COMBINED MOTION FOR ENTRY OF ORDERS: (I) ESTABLISHING BIDDING AND SALE PROCEDURES; (II) APPROVING THE SALE OF ASSETS; AND (III) GRANTING RELATED RELIEF (related document(s)[36], [38], [114], [179]) Filed by Agree Limited Partnership, Chester Springs SC, LLC, Landings of Sarasota Florida L.L.C., Linton Delray, LLC, Market Plaza 450, LLC, Mt. Pleasant Shopping Center, L.L.C., Olentangy Plaza 450 LLC, Ramco Jackson Crossing SPE, LLC, Ramco Spring Meadows, LLC, SFP Pool One Shopping Centers L.P., SFP Pool Six, LLC, SFP Pool Three Shopping Centers L.P., SFP Pool Two Shopping Centers L.P., SFP Washington Shopping Center LLC, Schostak Brothers & Company, Inc., Urbancal Oakland Mall, LLC, West Allen Plaza, LLC (Attachments: # (1) Exhibit A) (Grivner, Karen)

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 Brendan Linehan Shannon. The law firm of Jones Day LLP is acting as lead bankruptcy counsel to RadioShack Corporation in the bankruptcy case.


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