Hypnotic Taxi LLC Bankruptcy New Filing Alert: Order Regarding The Application For Interim Approval Of Professional Compensation





On November 20, 2015, an order regarding the application for interim approval of professional compensation was filed in the bankruptcy case of Hypnotic Taxi LLC and its affiliates.

The filing was assigned docket number 125 and is described on the court’s official docket as follows:

Order Establishing Procedures for Interim Compensation and Reimbursement of Expenses and Professionals; On or before the 20th day of each month following the month for which compensation is sought, each Professional seeking compensation will serve a monthly statement; by the 20th day of each month following the month for which compensation is sought, each Professional seeking compensation will file its Monthly Fee Statement with the Court; however, a courtesy copy need not be delivered to the presiding Judge’s chambers. The order approving the relief requested in the motion does not alter the fee application requirements outlined in sections 330 and 331 of the Bankruptcy Code. Professionals are still required to serve and file interim and final applications for approval of fees and expenses in accordance with the relevant provisions of the Bankruptcy Code, the Bankruptcy Rules, the Local Rules and Admin. Order No. 538. (RE: related document(s)[100]). Signed on 11/20/2015 (fmr)

Hypnotic Taxi LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 22, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Eastern District of New York . The case number for the lead bankruptcy case is 15-43300. The bankruptcy case is currently assigned to United States Bankruptcy Judge Carla Craig. The law firm of Klestadt & Winters, LLP is acting as lead bankruptcy counsel to Hypnotic Taxi LLC in the bankruptcy case.

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