Karmaloop, Inc. Bankruptcy New Filing Alert: Objection To The Determination Of The Amount Of A Cure Claim

On May 14, 2015, an objection to the determination of the amount of a cure claim was filed in the bankruptcy case of Karmaloop, Inc. and its affiliates.

The filing was assigned docket number 224 and is described on the court’s official docket as follows:

Objection and Reservation of Rights of DHL to the Debtors’ Proposed Cure Amount for Assumption and Assignment of Executory Contracts (related document(s)[150]) Filed by Global Mail, Inc. dba DHL Global Mail, DHL Express (USA), Inc. (Attachments: # (1) Affidavit of Service) (Miller, Stephen)

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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