IMRIS, Inc. Bankruptcy New Filing Alert: Motion For Authority To Use Cash Management Systems

On May 25, 2015, a motion for authority to use cash management systems was filed in the bankruptcy case of IMRIS, Inc. and its affiliates.

The filing was assigned docket number 8 and is described on the court’s official docket as follows:

Motion to Maintain Bank Accounts (A) Approving the Continued Use of the Debtors’ Cash Management System, (B) Approving Continued Transfers Between Debtors and Non-Debtor Subsidiaries, (C) Scheduling a Final Hearing on the Motion, and (D) Granting Related Relief Filed By IMRIS, Inc. (Attachments: # 1 Exhibit A – C # 2 Exhibit D # 3 Exhibit E)(Martin, R.) (Entered: 05/25/2015)

IMRIS, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 25, 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 15-11133. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of DLA Piper US LLP is acting as lead bankruptcy counsel to IMRIS, Inc. in the bankruptcy case.


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