Freedom Communications, Inc. (2015) Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing





On November 3, 2015, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Freedom Communications, Inc. (2015) and its affiliates.

The filing was assigned docket number 12 and is described on the court’s official docket as follows:

Motion to Use Cash Collateral Debtors Motion for Entry of: (1) Interim Order (A) Authorizing Debtors to (1) Utilize Cash Collateral Pursuant to 11 U.S.C. Section U.S.C. 363, (2) Provide Adequate Protection to Prepetition Secured Parties, (3) and Grant Related Relief, and (B) Setting Final Hearing; and (II) Final Order Authorizing Debtors to (A) Obtain Postpetition Financing Pursuant to 11 U.S.C. Sections 105, 361 and 364, (B) Utilize Cash Collateral Pursuant to 11 U.S.C. Section 363, (C) Provide Adequate Protection to Prepetition Secured Parties, (D) Repay Certain Prepetition Secured Debt, and (E) Grant Related Relief; Declaration of Adam Meislik of GlassRatner Advisory & Capital Group, LLC in Support Thereof Filed by Debtor Freedom Communications, Inc. (Friedman, Alan) (Entered: 11/03/2015)

Freedom Communications, Inc. (2015) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 31, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Central District of California . The case number for the lead bankruptcy case is 15-15311. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mark Wallace. The law firm of Lobel Weiland Golden Friedman LLP is acting as lead bankruptcy counsel to Freedom Communications, Inc. (2015) in the bankruptcy case.

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