RadioShack Corporation Bankruptcy New Filing Alert: Objection To The Motion For Authority To Obtain Debtor-In-Possession Financing

On June 2, 2015, an objection to the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of RadioShack Corporation and its affiliates.

The filing was assigned docket number 2290 and is described on the court’s official docket as follows:

Objection by the Official Committee of Unsecured Creditors to Debtors’ Motion for Entry of Order Authorizing and Approving Stipulation (I) Incorporating and Extending the Terms of the Final DIP Order, (II) Authorizing and Approving the Continued Use of Cash Collateral, (III) Granting Further Adequate Protection, (IV) Modifying the Automatic Stay, and (V) Granting Related Relief (related document(s)[2250]) Filed by Official Committee of Unsecured Creditors (Samis, Christopher)

RadioShack Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 5, 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 15-10197. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Jones Day LLP is acting as lead bankruptcy counsel to RadioShack Corporation in the bankruptcy case.


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