Hypnotic Taxi LLC Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Use Cash Management Systems

On November 20, 2015, an order regarding the motion for authority to use cash management systems was filed in the bankruptcy case of Hypnotic Taxi LLC and its affiliates.

The filing was assigned docket number 127 and is described on the court’s official docket as follows:

Order, pursuant to 11 U.S.C. sections 105(A) and 345, Authorizing use of the Joint Debtors Case Management System; The Lead Debtor shall be, and is hereby authorized, to establish, maintain, operate and reconcile one debtor in possession bank account in the name of the Lead Debtor (the “DIP Account”) for the benefit of all of the Debtors, into which the Lead Debtor may deposit anddisburse all of Debtors’ funds therefrom. (RE: related document(s)[17]). 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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