NewZoom, Inc. (d/b/a ZoomSystems) Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On September 10, 2015, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of NewZoom, Inc. (d/b/a ZoomSystems) and its affiliates.

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

Chapter 11 First Day Motion. Motion for Interim and Final Orders (1) Authorizing Postpetition Financing Pursuant to 11 U.S.C. §§ 105, 361, 362, 363, 364(c)(1), 364(c)(2), 364(c)(3) and 364(d)(1); (2) Authorizing the Use of Cash Collateral; (3) Granting Security Interests and Superpriority Claims; (4) Providing Adequate Protection; (5) Modifying the Automatic Stay; and (6) Granting Related Relief; Memorandum of Points and Authorities in Support Thereof Filed by Debtor NewZoom, Inc. (Fiero, John) (Entered: 09/10/2015)

NewZoom, Inc. (d/b/a ZoomSystems) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 10, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of California . The case number for the lead bankruptcy case is 15-31141. The bankruptcy case is currently assigned to United States Bankruptcy Judge Hannah Blumenstiel. The law firm of Pachulski Stang Ziehl & Jones LLP is acting as lead bankruptcy counsel to NewZoom, Inc. (d/b/a ZoomSystems) in the bankruptcy case.


Leave a Reply