RadioShack Corporation Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On April 28, 2015, an order regarding 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 1947 and is described on the court’s official docket as follows:

Order (I) Approving Bid and Sale Procedures with Respect to the Sale of Certain Lease Assets, (II) Approving Cure Procedures and Related Notice Procedures; (III) Scheduling an Auction and Sale Hearing and (IV) Granting Related Relief (Related Doc # [1729], [1847]). Signed on 4/28/2015. (Attachments: # (1) Annex 1 – Bidding Procedures # (2) Exhibit A – Offer and Bidder Registration Form # (3) Exhibit B – Assignment Agreement # (4) Exhibit C – Lease Termination Agreement) (SJS)

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.


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