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 19, 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 1324 and is described on the court’s official docket as follows:

Joinder in the Objection of Brixmor Property Group, Inc., Federal Realty Investment Trust, Philips Edison & Company, Cedar Realty Trust, 1 South Wacker Financial Associates, LLC, Cencor Realty Services, 278 Main Street Company, DLC Management Corp., Juster Properties, The Morris Companies, Pliskin Realty & Development, Inc., Toco Hill, Inc. and WP Realty Inc. to Debtors’ Combined Motion for Entry of Order: (i) Establishing Bidding and Sale Procedures; (ii) Approving the Sale of Assets; and (ii) Granting Related Relief (related document(s)[36], [871], [965], [1269]) Filed by KRG Beechwood, LLC, KRG Las Vegas Eastern Beltway, 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) 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