Hypnotic Taxi LLC Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On July 31, 2015, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Hypnotic Taxi LLC and its affiliates.

The filing was assigned docket number 16 and is described on the court’s official docket as follows:

Motion for Authority to Obtain Credit Under Section 364(b), Rule 4001(c) or (d) Motion For An Order Authorizing The Debtors To Obtain Subordinated Post-Petition Financing Pursuant To 11 U.S.C. ยงยง 105, 362, 363 And 364 Of The Bankruptcy Code Filed by Maeghan McLoughlin on behalf of Hypnotic Taxi LLC. Hearing scheduled for 8/26/2015 at 01:00 PM at Courtroom 3529 (Judge Craig), Brooklyn, NY. (Attachments: # (1) Proposed Order # (2) Exhibit B – DIP Loan Agreement # (3) Exhibit Notice of Hearing) (McLoughlin, Maeghan)

Hypnotic Taxi LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 22, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Eastern District of New York . The case number for the lead bankruptcy case is 15-43300. The bankruptcy case is currently assigned to United States Bankruptcy Judge Carla Craig. The law firm of Klestadt & Winters, LLP is acting as lead bankruptcy counsel to Hypnotic Taxi LLC in the bankruptcy case.


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