On January 20, 2016, a motion/application for approval of a settlement pursuant to rule 9019 was filed in the bankruptcy case of Money Centers of America, Inc. and its affiliates.
The filing was assigned docket number 327 and is described on the court’s official docket as follows:
Motion to Approve Compromise under Rule 9019 (Motion of the Chapter 11 Trustee for an Order Pursuant to 11 U.S.C. Section 363 and Fed. R. Bankr. P. 9019(a) Authorizing Entry Into a Settlement Between the Chapter 11 Trustee and XL Specialty Insurance Company) Filed by Michael St. Patrick Baxter. Hearing scheduled for 2/12/2016 at 11:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 2/3/2016. (Attachments: # (1) Notice # (2) Exhibit A # (3) Proposed Form of Order) (Reilley, Patrick)
Money Centers of America, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 21, 2014. 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 14-10603. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Cross & Simon, LLC is acting as lead bankruptcy counsel to Money Centers of America, Inc. in the bankruptcy case.