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

On March 12, 2015, an order regarding 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 947 and is described on the court’s official docket as follows:

Order (FINAL) (I) Authorizing the Debtors to (A) Obtain Financing and (B) Utilize Cash Collateral of Pre-Petition Secured Parties, (II) Granting Adequate Protection, (III) Modifying the Automatic Stay, and (IV) Granting Related Relief (related document(s)[839]). Signed on 3/12/2015. (Attachments: # (1) Exhibit 1 – Budget # (2) Exhibit 2 – DIP Credit Agreement # (3) Exhibit 2 – Cont’d # (4) Exhibit 2 – Cont’d # (5) Exhibit 2 – Cont’d) (SJS)

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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