Hypnotic Taxi LLC Bankruptcy New Filing Alert: Objection To The Motion For Authority To Use Cash Collateral

On August 12, 2015, an objection to the motion for authority to use cash collateral was filed in the bankruptcy case of Hypnotic Taxi LLC and its affiliates.

The filing was assigned docket number 30 and is described on the court’s official docket as follows:

Objection Debtors’ Objection To The Emergency Application Of Citibank, N.A., For An Order: (I) Directing Turnover Of Property Of The Estate; (II) Authorizing Examinations Pursuant To Fed. R. Bank. P. 2004(A); (III) Directing The Debtors To Open Debtor In Possession Bank Accounts; (IV) Prohibiting Debtors Using Citibank, N.A.’s Cash Collateral Absent An Order Of This Court Or Authority From Citibank; And (V) Providing Other Forms Of Relief Filed by Maeghan McLoughlin on behalf of Hypnotic Taxi LLC (RE: related document(s)[27] Order to Show Cause (Generic)) (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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