Karmaloop, Inc. Bankruptcy New Filing Alert: Affidavit Or Declaration Regarding Application For Authority To Retain Professionals

On April 30, 2015, an affidavit or declaration regarding application for authority to retain professionals was filed in the bankruptcy case of Karmaloop, Inc. and its affiliates.

The filing was assigned docket number 177 and is described on the court’s official docket as follows:

Declaration in Support // Supplemental Declaration of Brian Davies in Support of the Motion of the Debtors Pursuant to 11 U.S.C. Sections 105(a) and 363(b) to (I) Retain CRS Capstone Partners, LLC to Provide the Debtors a Chief Restructuring Officer and Certain Additional Personnel, and (II) Designate Brian Davies as Debtors’ Chief Restructuring Officer (related document(s)[83]) Filed by Karmaloop, Inc.. (Attachments: # (1) Exhibit A) (Patterson, Morgan)

Karmaloop, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 23, 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 15-10635. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Carey. The law firm of Burns & Levinson LLP is acting as lead bankruptcy counsel to Karmaloop, Inc. in the bankruptcy case.


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