Anna’s Linens, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Obtain Debtor-In-Possession Financing

On July 7, 2015, an order regarding the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Anna’s Linens, Inc. and its affiliates.

The filing was assigned docket number 251 and is described on the court’s official docket as follows:

Order Approving Stipulation Between Debtor , Official Committee of Unsecured Creditors, and Salus Capital Partners, LLC, as Administrative Agent Under The Post-Petition Financing, For Continuance of Final Hearing on Debtor’s Emergency Motion for Entry of Final Order: (I) Authorizing Debtor to (A) Obtain Post-Petition Financing Pursuant to 11 U.S.C. Section 105, 361, 362, 364,(c), 364(d)(1) and 364(e), and (B) Utilize Cash Collateral Pursuant to 11 U.S.C. Sction 363; (II) Granting Adequate Protection to Pre-Petition Secured Lenders Pursuant to 11 U.S.C. Section 361, 362, 363 and 364; and (III) Granting Related Relief to July 22, 2015 at 10:00 a.m. (BNC-PDF) (Related Doc # 245 ) Signed on 7/7/2015 (Steinberg, Elizabeth) (Entered: 07/07/2015)

Anna’s Linens, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 14, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Central District of California . The case number for the lead bankruptcy case is 15-13008. The bankruptcy case is currently assigned to United States Bankruptcy Judge Theodor Albert. The law firm of Levene Neale Bender Rankin & Brill LLP is acting as lead bankruptcy counsel to Anna’s Linens, Inc. in the bankruptcy case.


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