American Apparel, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Use Cash Management Systems

On October 6, 2015, an order regarding the motion for authority to use cash management systems was filed in the bankruptcy case of American Apparel, Inc. and its affiliates.

The filing was assigned docket number 68 and is described on the court’s official docket as follows:

Order (I) Approving the Continued Use of the Debtors’ Cash Management System, Bank Accounts, and Business Forms, (II) Approving, on an Interim Basis, the Debtors’ Deposit Guidelines and Extending Time to Comply with Section 345(b) of the Bankruptcy Code, (III) Approving Continuation of Ordinary Course Intercompany Transactions, and (IV) Granting Related Relief. (Related Doc # [17]) Order Signed on 10/6/2015. (LCN)

American Apparel, 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 15-12055. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Jones Day LLP is acting as lead bankruptcy counsel to American Apparel, Inc. in the bankruptcy case.


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