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

On October 28, 2015, an order regarding the 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 185 and is described on the court’s official docket as follows:

Order (WITH REVISIONS MADE BY THE COURT) (Final) (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 (related document(s)[6], [176]) Order Signed on 10/28/2015. (Attachments: # (1) Exhibit “1”) (LMD)

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.


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