Hancock Fabrics, Inc. (2016) Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Use Cash Management Systems

On February 3, 2016, an order regarding the motion for authority to use cash management systems was filed in the bankruptcy case of Hancock Fabrics, Inc. (2016) and its affiliates.

The filing was assigned docket number 63 and is described on the court’s official docket as follows:

Interim Order (I) Authorizing Continued Use of Existing Cash Management System and Bank Accounts; (II) Waiving Certain United States Trustee Requirements; (III) Authorizing Continued Performance of Intercompany Transactions; and (IV) Granting Related Relief (Related Doc # [7]) Order Signed on 2/3/2016. (TC)

Hancock Fabrics, Inc. (2016) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 2, 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 16-10296. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of O’Melveny & Myers LLP is acting as lead bankruptcy counsel to Hancock Fabrics, Inc. (2016) in the bankruptcy case.


Leave a Reply