SFX Entertainment, Inc. Bankruptcy New Filing Alert: Motion For Authority To Pay Claims Of Vendors

On February 1, 2016, a motion for authority to pay claims of vendors was filed in the bankruptcy case of SFX Entertainment, Inc. and its affiliates.

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

Motion for Continuation of Utility Service and Approval of Adequate Assurance of Payment to Utility Company Under Section 366(b) // Motion of the Debtors for Entry of Interim and Final Orders Pursuant to Sections 105(a) and 366 of the Bankruptcy Code (A) Prohibiting Utilities From Altering, Refusing or Discontinuing Service, (B) Deeming Utilities Adequately Assured of Future Performance, and (C) Establishing Procedures For Determining Adequate Assurance of Payment Filed By SFX Entertainment, Inc. (Attachments: # 1 Exhibit A # 2 Proposed Form of Order)(Meloro, Dennis) (Entered: 02/01/2016)

SFX Entertainment, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 1, 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 16-10238. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Greenberg Traurig, LLP is acting as lead bankruptcy counsel to SFX Entertainment, Inc. in the bankruptcy case.


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