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

On August 31, 2015, a stipulation regarding 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 52 and is described on the court’s official docket as follows:

Stipulation and Order by and between the Debtors, Citibank, the Management Companies and Evgeny Freidman that the deadline for the Parties to object or otherwise respond to the Debtors Motions and/or the Application is September 1, 2015 (RE: related document(s)[16] Motion for Authority to Obtain Credit Under Section 364 filed by Debtor Hypnotic Taxi LLC, [17] Motion to Authorize/Direct filed by Debtor Hypnotic Taxi LLC, [18] Application to Employ filed by Debtor Hypnotic Taxi LLC, [25] Motion to Authorize/Direct filed by Creditor CITIBANK, N.A.). Signed on 8/31/2015 (aac)

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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