RadioShack Corporation Bankruptcy New Filing Alert: Objection To The Motion For Authority To Obtain Debtor-In-Possession Financing

On February 20, 2015, an objection to the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of RadioShack Corporation and its affiliates.

The filing was assigned docket number 433 and is described on the court’s official docket as follows:

Objection of Official Committee of Unsecured Creditors to Debtors Motion Entry of Interim and Final Orders Pursuant to 11 U.S.C. ยงยง 105, 107, 361, 362, 363, 364 and 507 and Rules 2002, 4001, 9014 and 9018 of Federal Rules of Bankruptcy Procedure (I) Authorizing Debtors to (A) Obtain Post-Petition Financing, (B) Use Cash Collateral, (II) Granting Liens and Superpriority Claims; (III) Scheduling a Final Hearing; (IV) Approving Entry into DIP Financing Support Agreement and (V) Granting Related Relief (related document(s)[52]) Filed by Official Committee of Unsecured Creditors (Attachments: # (1) Exhibit A # (2) Exhibit B # (3) Exhibit C # (4) Exhibit D # (5) Exhibit E-1 # (6) Exhibit E-2 # (7) Certificate of Service) (Good, L. Katherine)

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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