Filmed Entertainment Inc. (a/k/a BMG Coumbia House; Bertelsmann Direct North America, Inc.; Direct Group North America, Inc.; Direct Brands, Inc.) Bankruptcy New Filing Alert: Affidavit Or Declaration Regarding Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On November 17, 2015, an affidavit or declaration regarding motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Filmed Entertainment Inc. (a/k/a BMG Coumbia House; Bertelsmann Direct North America, Inc.; Direct Group North America, Inc.; Direct Brands, Inc.) and its affiliates.

The filing was assigned docket number 139 and is described on the court’s official docket as follows:

Declaration of Jim Cavanaugh on Behalf of the Debtor in Support of Debtor’s Motion for an Order (A) Approving Such Sale Free and Clear of Liens, Claims, Encumbrances and Other Interests, (B) Authorizing the Assumption and Assignment of Certain Executory Contracts and Unexpired Leases in Connection With the Sale, and (C) Granting Related Relief (related document(s)[138]) filed by Scott Anthony Griffin on behalf of Filmed Entertainment Inc.. with hearing to be held on 11/23/2015 at 11:00 AM at Courtroom 623 (SCC) Objections due by 11/19/2015, (Griffin, Scott)

Filmed Entertainment Inc. (a/k/a BMG Coumbia House; Bertelsmann Direct North America, Inc.; Direct Group North America, Inc.; Direct Brands, Inc.) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on August 10, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 15-12244. The bankruptcy case is currently assigned to United States Bankruptcy Judge Shelley Chapman. The law firm of Griffin Hamersky P.C. is acting as lead bankruptcy counsel to Filmed Entertainment Inc. (a/k/a BMG Coumbia House; Bertelsmann Direct North America, Inc.; Direct Group North America, Inc.; Direct Brands, Inc.) in the bankruptcy case.

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