Quirky, Inc. Bankruptcy New Filing Alert: Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On October 2, 2015, a motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Quirky, Inc. and its affiliates.

The filing was assigned docket number 65 and is described on the court’s official docket as follows:

Motion to Authorize the Debtors to Adopt and Implement (i) a Key Employee Incentive Plan and (ii) a Key Employee Retention Program (with Exhibits 1 and 2 to Exhibit B filed under seal) filed by Jeffrey L. Cohen on behalf of Quirky, Inc. with hearing to be held on 10/23/2015 at 09:00 AM at Courtroom 501 (MG) Responses due by 10/16/2015,. (Attachments: # (1) Exhibit A – Declaration of John Bosacco # (2) Exhibit B – Declaration of Michael Katzenstein (with Exhibits 1 & 2 filed under seal) # (3) Exhibit C – proposed Order # (4) Notice of Motion) (Cohen, Jeffrey)

Quirky, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 22, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 15-12596. The bankruptcy case is currently assigned to United States Bankruptcy Judge Martin Glenn. The law firm of Cooley Godward Kronish LLP is acting as lead bankruptcy counsel to Quirky, Inc. in the bankruptcy case.


Leave a Reply