The Standard Register Company Bankruptcy New Filing Alert: Objection To The Motion For Authority To Use Cash Management Systems

On April 6, 2015, an objection to the motion for authority to use cash management systems was filed in the bankruptcy case of The Standard Register Company and its affiliates.

The filing was assigned docket number 201 and is described on the court’s official docket as follows:

Limited Objection and Reservation of Rights of Official Committee of Unsecured Creditors Regarding Debtors’ Motion for Order Authorizing (A) Continued Use of Cash Management System; (B) Maintenance of Existing Bank Accounts; (C) Continued Use of Existing Business Forms; (D) Continued Performance of Intercompany Transactions in the Ordinary Course of Business and Grant of Administrative Expenses Status for Postpetition Intercompany Claims; and (E) Limited Waiver of Section 345(b) Deposit and Investment Requirements (related document(s)[5], [56]) Filed by Official Committee of Unsecured Creditors (Attachments: # (1) Exhibit A) (Ward, Christopher)

The Standard Register Company filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 12, 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 15-10541. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Gibson Dunn & Crutcher LLP is acting as lead bankruptcy counsel to The Standard Register Company in the bankruptcy case.


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