Hipcricket, Inc. (f/k/a Augme Technologies, Inc. & Modavox, Inc.) Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On March 11, 2015, an order regarding 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 Hipcricket, Inc. (f/k/a Augme Technologies, Inc. & Modavox, Inc.) and its affiliates.

The filing was assigned docket number 211 and is described on the court’s official docket as follows:

Order Granting Motion for Expedited Consideration of Emergency Motion to (I) Enforce the Provisions of the Order (A) Approving Bid Procedures for the Sale of Substantially All of Debtors Assets Outside the Ordinary Course of Business; (B) Scheduling an Auction and Hearing to Consider the Sale and Approve the Form and Manner of Notice Related Thereto; (C) Approving Payment of a Break-Up Fee and Expense Reimbursement; and (D) Granting Related Relief [Docket No. 118], (II) Vacate the Purported Auction and (III) Declare SITO Mobile, Ltd. As Successful Bidder (Related Doc # [194], [192]) Order Signed on 3/11/2015. (LJJ)

Hipcricket, Inc. (f/k/a Augme Technologies, Inc. & Modavox, Inc.) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 20, 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 15-10104. The bankruptcy case is currently assigned to United States Bankruptcy Judge Laurie Selber Silverstein. The law firm of Pachulski Stang Ziehl & Jones LLP is acting as lead bankruptcy counsel to Hipcricket, Inc. (f/k/a Augme Technologies, Inc. & Modavox, Inc.) in the bankruptcy case.


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