Adinath Corp. & Simply Fashion Stores, Ltd. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Use Cash Management Systems

On April 21, 2015, an order regarding the motion for authority to use cash management systems was filed in the bankruptcy case of Adinath Corp. & Simply Fashion Stores, Ltd. and its affiliates.

The filing was assigned docket number 63 and is described on the court’s official docket as follows:

Interim Order (A) Authorizing the Debtors (I) To Maintain Bank Accounts and to Continue to Use Existing Business Forms and Checks, (II) To Continue to Use Existing Cash Management System; and (B) Waiving Certain Investment and Deposit Guidelines. Final Hearing scheduled for 05/06/2015 at 08:00 AM at C. Clyde Atkins U.S. Courthouse, 301 N Miami Ave Courtroom 8 (LMI), Miami, FL 33128. (Re: # 9) (Snipes, Jeanne) (Entered: 04/21/2015)

Adinath Corp. & Simply Fashion Stores, Ltd. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 16, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Florida . The case number for the lead bankruptcy case is 15-16885. The bankruptcy case is currently assigned to United States Bankruptcy Judge Laurel Isicoff. The law firm of Berger Singerman P.A. is acting as lead bankruptcy counsel to Adinath Corp. & Simply Fashion Stores, Ltd. in the bankruptcy case.


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