Cloudeeva, Inc. (f/d/b/a Systems America, Inc.) Bankruptcy New Filing Alert: Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On April 2, 2015, a motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Cloudeeva, Inc. (f/d/b/a Systems America, Inc.) and its affiliates.

The filing was assigned docket number 543 and is described on the court’s official docket as follows:

Motion re: Successor Trustee’s Motion for an Order Pursuant to 11 U.S.C. §363(b)(1) and §503(c)(3) Approving Employee Agreements and Stay Bonuses Filed by Bruce S. Etterman on behalf of Richard Honig. Hearing scheduled for 4/28/2015 at 10:00 AM at KCF – Courtroom 2, Trenton. (Attachments: # (1) Application # (2) Application A to Application # (3) Certificate of Service # (4) Proposed Order) (Etterman, Bruce)

Cloudeeva, Inc. (f/d/b/a Systems America, Inc.) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 21, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of New Jersey. The case number for the lead bankruptcy case is 14-24874. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kathryn Ferguson. The law firm of Lowenstein Sandler PC is acting as lead bankruptcy counsel to Cloudeeva, Inc. (f/d/b/a Systems America, Inc.) in the bankruptcy case.


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