City Sports, Inc. Bankruptcy New Filing Alert: Motion For Authority To Use Cash Management Systems

On October 5, 2015, a motion for authority to use cash management systems was filed in the bankruptcy case of City Sports, Inc. and its affiliates.

The filing was assigned docket number 6 and is described on the court’s official docket as follows:

Motion to Authorize Motion of the Debtors for Entry of Interim and Final Orders (I) Authorizing the Continued Use of the Debtors’ Cash Management System, Existing Bank Accounts and Business Forms, and (II) Extending the Time to Comply with the Requirements of Section 345(b) of the Bankruptcy Code Filed by City Sports, Inc.. (Attachments: # 1 Exhibit A – Proposed Interim Order # 2 Exhibit B – Proposed Final Order # 3 Exhibit C – Cash Management System Flow Chart # 4 Exhibit D – Bank Accounts) (Edelman, Kaitlin) (Entered: 10/05/2015)

City Sports, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 5, 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 15-12054. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of DLA Piper US LLP is acting as lead bankruptcy counsel to City Sports, Inc. in the bankruptcy case.


Leave a Reply