Haggen Holdings, LLC Bankruptcy New Filing Alert: Objection To The Motion For Authority To Obtain Debtor-In-Possession Financing

On September 28, 2015, an objection to the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Haggen Holdings, LLC and its affiliates.

The filing was assigned docket number 218 and is described on the court’s official docket as follows:

Objection Joinder of GIG TCG Wave Master Property Owner LLC to the Objection of Spirit SPE HG 2015-1, LLC to Debtors’ Motion for Interim and Final Orders (I) Authorizing the Debtor Loan Parties to (A) Obtain Post-Petition Financing and (B) Utilize Cash Collateral of Pre-Petition Secured Parties, (II) Granting Adequate Protection, (III) Modifying the Automatic Stay, and (IV) Granting Related Relief Pursuant to 11 U.S.C. Sections 105, 361, 362, 363(C), (D) & (E), 364(C), 364(D)(1), 364(E) and 507(B) (related document(s)[13]) Filed by GIG TCG Wave Master Property Owner LLC (Attachments: # (1) Exhibit A) (Murphy, Kathleen)

Haggen Holdings, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 8, 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 15-11874. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of Stroock & Stroock & Lavan LLP is acting as lead bankruptcy counsel to Haggen Holdings, LLC in the bankruptcy case.


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