Aramid Entertainment Fund Limited Bankruptcy New Filing Alert: Affidavit Or Declaration Regarding Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On May 27, 2015, an affidavit or declaration regarding motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Aramid Entertainment Fund Limited and its affiliates.

The filing was assigned docket number 369 and is described on the court’s official docket as follows:

Declaration of Geoffrey Varga In Support of Motion of Debtors And Debtors-In-Possession For An Order Pursuant To Section 363(b) of The Bankruptcy Code Authorizing Aramid Entertainment Fund Limited (I) To Release Its Liens On Incentive Filmed Entertainment, LLC’s Membership Interest In Sierra Pictures, LLC And (II) To Cause Incentive Filmed Entertainment, LLC To Consummate The Sierra Transaction (related document(s)[368]) filed by James C. McCarroll on behalf of Aramid Entertainment Fund Limited, et al.,. with hearing to be held on 6/17/2015 at 03:00 PM at Courtroom 701 (SHL) Objections due by 6/10/2015, (Attachments: # (1) Exhibit A # (2) Exhibit B # (3) Exhibit C # (4) Exhibit D # (5) Exhibit E # (6) Exhibit F # (7) Exhibit G # (8) Exhibit H # (9) Exhibit I) (McCarroll, James)

Aramid Entertainment Fund Limited filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 13, 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 14-11802. The bankruptcy case is currently assigned to United States Bankruptcy Judge Sean Lane. The law firm of Reed Smith LLP is acting as lead bankruptcy counsel to Aramid Entertainment Fund Limited in the bankruptcy case.


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