NII Holdings, Inc. (2014) Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Use Cash Management Systems

On May 21, 2015, an order regarding the motion for authority to use cash management systems was filed in the bankruptcy case of NII Holdings, Inc. (2014) and its affiliates.

The filing was assigned docket number 750 and is described on the court’s official docket as follows:

Sixth Interim Order (A) Approving the Continued Use of the Debtors’ Cash Management System, Bank Accounts and Business Forms; (B) Granting a Waiver of the Requirements of Section 345(B) and Certain of the U.S. Trustee’s Operating Guidelines; (C) Permitting Continued Inter-Debtor and Intercompany Transactions; and (D) Authorizing Banks to Honor Certain Transfers and Charge Certain Fees and Other Amounts signed on 5/21/2015 (White, Greg)

NII Holdings, Inc. (2014) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 15, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 14-12611. The bankruptcy case is currently assigned to United States Bankruptcy Judge Shelley Chapman. The law firm of Jones Day LLP is acting as lead bankruptcy counsel to NII Holdings, Inc. (2014) in the bankruptcy case.


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