Karmaloop, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Setoff Or Recoupment Of Claims





On July 10, 2015, an order regarding the motion for setoff or recoupment of claims was filed in the bankruptcy case of Karmaloop, Inc. and its affiliates.

The filing was assigned docket number 343 and is described on the court’s official docket as follows:

Order Granting Stipulation Between the Debtors and Aboy LLC Permitting Aboy LLC to Apply Lease Security Deposit to Prepetition Claims. (related document(s)[332]) Order Signed on 7/10/2015. (Attachments: # (1) Exhibit 1) (LCN)

Karmaloop, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 23, 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 15-10635. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Carey. The law firm of Burns & Levinson LLP is acting as lead bankruptcy counsel to Karmaloop, Inc. in the bankruptcy case.

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