On August 26, 2015, an order regarding the motion for authority to use cash management systems was filed in the bankruptcy case of USA Discounters, Ltd. (a/k/a Fletcher’s Jewelers; USA Living) and its affiliates.
The filing was assigned docket number 42 and is described on the court’s official docket as follows:
Order (WITH REVISIONS OF THE COURT) (I) Authorizing Continued Use of Cash Management System, (II) Authorizing Use of Prepetition Bank Accounts, Account Control Agreements, and Certain Payment Methods, and (III) Waiving the Requirements of 11 U.S.C. § 345(b) on an Interim Basis. (Related Doc # ) Order Signed on 8/26/2015. (DMC)
USA Discounters, Ltd. (a/k/a Fletcher’s Jewelers; USA Living) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on August 24, 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 15-11755. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Klee, Tuchin, Bogdanoff & Stern LLP is acting as lead bankruptcy counsel to USA Discounters, Ltd. (a/k/a Fletcher’s Jewelers; USA Living) in the bankruptcy case.