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 6 and is described on the court’s official docket as follows:

Motion to Pay Critical Trade Vendor Claims // Motion of the Debtors for Entry of Interim and Final Orders Authorizing (A) the Debtors to Pay (I) All or a Portion of the Prepetition Claims of Certain Critical Vendors and Foreign Vendors and (II) Certain Prepetition Mechanics Liens and Shipping and Warehousing Charges in the Ordinary Course of Business, and (B) Financial Institutions to Honor and Process Related Checks and Transfers Filed By SFX Entertainment, Inc. (Attachments: # 1 Exhibit A-B # 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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