Rdio, Inc. Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On November 16, 2015, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Rdio, Inc. and its affiliates.

The filing was assigned docket number 2 and is described on the court’s official docket as follows:

Emergency Motion to Use Cash Collateral / Debtor’s Emergency Motion For, And Memorandum Of Points And Authorities In Support Of, Entry Of Interim And Final Orders: (I) Authorizing Debtor To (A) Obtain Post-Petition Financing Pursuant To 11 U.S.C. §§ 105, 361, 362, 364(c), 364(d)(1) And 364(e), and (B) Utilize Cash Collateral Pursuant To 11 U.S.C. § 363; (II) Granting Adequate Protection To Pre-Petition Secured Lenders Pursuant To 11 U.S.C. §§ 361, 362, 363, 364, And 507; (III) Scheduling A Final Hearing Pursuant To Bankruptcy Rules 4001(b) And 4001(c); And (IV) Granting Related Relief Filed by Debtor Rdio, Inc. (Bender, Ron) (Entered: 11/16/2015)

Rdio, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 16, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of California . The case number for the lead bankruptcy case is 15-31430. The bankruptcy case is currently assigned to United States Bankruptcy Judge Dennis Montali. The law firm of Levene Neale Bender Rankin & Brill LLP is acting as lead bankruptcy counsel to Rdio, Inc. in the bankruptcy case.


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