On March 19, 2015, an order regarding the motion for authority to use cash management systems was filed in the bankruptcy case of Allen Systems Group, Inc. (a/k/a ASG Software Solutions) and its affiliates.
The filing was assigned docket number 135 and is described on the court’s official docket as follows:
Order (Final) (I) Authorizing the Debtors to (A) Continue to Operate Their Cash Management System, (B) Honor Certain Prepetition Obligations Related Thereto, (C) Maintain Existing Business Forms, and (D) Continue to Perform Intercompany Transactions, (II) Waiving the Requirements of Bankruptcy Code Section 345(B), and (III) Granting Related Relief. (related document(s), , ) Order Signed on 3/19/2015. (Attachments: # (1) Schedule “1&2”) (LMD)
Allen Systems Group, Inc. (a/k/a ASG Software Solutions) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 18, 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 15-10332. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Carey. The law firm of Pachulski Stang Ziehl & Jones LLP is acting as lead bankruptcy counsel to Allen Systems Group, Inc. (a/k/a ASG Software Solutions) in the bankruptcy case.