Fuhu, Inc. (a/k/a Nabi) Bankruptcy New Filing Alert: Motion For Authority To Pay Claims Of Employees

On December 7, 2015, a motion for authority to pay claims of employees was filed in the bankruptcy case of Fuhu, Inc. (a/k/a Nabi) and its affiliates.

The filing was assigned docket number 8 and is described on the court’s official docket as follows:

Motion to Pay Employee Wages Debtor Fuhu, Inc.’s Motion for Order Authorizing Debtors to (I) Pay Certain Prepetition Wages, Compensation and Employee Benefits; (II) Continue Payment of Wages, Compensation and Employee Benefits in the Ordinary Course; and (III) Authorizing and Directing Applicable Banks and Other Financial Institutions to Process and Pay All Checks Presented for Payment and to Honor All Fund Transfer Requests Made by Debtors Relating to the Foregoing Filed By Fuhu, Inc. (Attachments: # 1 Proposed Form of Order)(Seidl, Michael) (Entered: 12/07/2015)

Fuhu, Inc. (a/k/a Nabi) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on December 7, 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 15-12465. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Bryan Cave LLP is acting as lead bankruptcy counsel to Fuhu, Inc. (a/k/a Nabi) in the bankruptcy case.


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