RCS Capital Corporation Bankruptcy New Filing Alert: Motion For Authority To Pay Claims Of Employees

On February 1, 2016, a motion for authority to pay claims of employees was filed in the bankruptcy case of RCS Capital Corporation and its affiliates.

The filing was assigned docket number 16 and is described on the court’s official docket as follows:

Motion to Pay Employee Wages // Motion of Debtors for an Order Authorizing (I) the Payment of Prepetition Wages and Salaries, (II) the Payment and Honoring of Prepetition Employee Policies and Benefits, and (III) the Continuation of Workers Compensation Policies Filed By RCS Capital Corporation (Poppiti, Jr., Robert)

RCS Capital Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 31, 2016. 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 16-10223. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Dechert LLP is acting as lead bankruptcy counsel to RCS Capital Corporation in the bankruptcy case.


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