Corinthian Colleges, Inc. Bankruptcy New Filing Alert: Objection To The Motion For Authority To Reject Agreements

On June 16, 2015, an objection to the motion for authority to reject agreements was filed in the bankruptcy case of Corinthian Colleges, Inc. and its affiliates.

The filing was assigned docket number 419 and is described on the court’s official docket as follows:

Limited Objection of Watt Management Company to The Debtors’ Second Motion for Entry of an Order (i) Authorizing the Debtors to Reject Certain Unexpired Leases of Nonresidential Real Property Effective Nunc Pro Tunc to the Date that the Debtors Surrender Possession; (ii) Approving the Abandonment of Any Personal Property Remaining at the Lease Locations; and (iii) Granting Certain Related Relief (related document(s)[171]) Filed by Watt Management Company (Attachments: # (1) Certificate of Service) (Heilman, Leslie)

Corinthian Colleges, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 4, 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 15-10952. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Carey. The law firm of Richards, Layton & Finger, P.A. is acting as lead bankruptcy counsel to Corinthian Colleges, Inc. in the bankruptcy case.


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