Haggen Holdings, LLC Bankruptcy New Filing Alert: Motion For Authority To Use Cash Management Systems

On September 9, 2015, a motion for authority to use cash management systems was filed in the bankruptcy case of Haggen Holdings, LLC and its affiliates.

The filing was assigned docket number 10 and is described on the court’s official docket as follows:

Motion to Maintain Bank Accounts – Motion of the Debtors for an Order, Pursuant to Sections 105(a), 345, 363 and 503(b) of the Bankruptcy Code, Bankruptcy Rule 2015 and Local Rule 2015-2, (A) Authorizing and Approving (I) Continued Use of Cash Management System and (II) Use of Prepetition Bank Accounts and Business Forms, (B) Authorizing Banks Participating in the Cash Management System to Honor Certain Transfers and Charge Certain Amounts, (C) Waiving the Requirements of Section 345(b) on an Interim Basis, (D) Granting Administrative Expense Status to Post-Petition Intercompany Claims and (E) Granting Related Relief Filed By Haggen Holdings, LLC (Poppiti, Jr., Robert) (Entered: 09/09/2015)

Haggen Holdings, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 8, 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 15-11874. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of Stroock & Stroock & Lavan LLP is acting as lead bankruptcy counsel to Haggen Holdings, LLC in the bankruptcy case.


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