Freedom Communications, Inc. (2015) Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Obtain Debtor-In-Possession Financing

On January 22, 2016, an order regarding the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Freedom Communications, Inc. (2015) and its affiliates.

The filing was assigned docket number 340 and is described on the court’s official docket as follows:

Order Approving Second Stipulation With Prepetition Agent Reserving Certain Committee Challenge Rights Under Amended Final Order Authorizing Postpetition Financing. IT IS SO ORDERED that: The Challenge Period in the Final DIP Order shall be extended seven (7) days from January 25, 2016, until February 1, 2016 (the “Tolling Period”) for the Committee only. This extension is without prejudice to any further extensions of the Tolling Period, at all times subject to the Final DIP Order. Except as expressly set forth herein, the Final DIP Order remains in full force and effect. (Related Doc # 327) Signed on 1/22/2016 (Bolte, Nickie) (Entered: 01/22/2016)

Freedom Communications, Inc. (2015) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 31, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Central District of California . The case number for the lead bankruptcy case is 15-15311. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mark Wallace. The law firm of Lobel Weiland Golden Friedman LLP is acting as lead bankruptcy counsel to Freedom Communications, Inc. (2015) in the bankruptcy case.


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