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 March 16, 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 1051 and is described on the court’s official docket as follows:

Objection to (A) Debtors’ Combined Motion for Entry of Orders: (i) Establishing Bidding and Sale Procedures; (ii) Approving the Sale of Assets; and (iii) Granting Related Relief, and (B) Notice of (i) Potential Assumption and Assignment of Executory Contracts and Unexpired Leases and (ii) Cure Amounts (related document(s)[36], [871], [939]) Filed by KRG Beechwood, LLC, KRG Las Vegas Centennial Center, LLC, KRG Pine Ridge, LLC, KRG St. Cloud 13th, LLC, KRG Temple Terrace, LLC, PMI NewCo, LLC, Paragon Management Group, LLC, Pyramid Management Group, LLC,, RPAI Southwest Management, LLC, RPAI US Management, LLC, Rivercrest Realty Associates, LLC, Wheeler Real Estate, LLC (Attachments: # (1) Exhibit A # (2) Exhibit B # (3) Exhibit C # (4) Certificate of Service) (Heilman, Leslie)

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.


Leave a Reply