Variant Holding Company, LLC Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Use Cash Management Systems

On February 12, 2016, an order regarding the motion for authority to use cash management systems was filed in the bankruptcy case of Variant Holding Company, LLC and its affiliates.

The filing was assigned docket number 815 and is described on the court’s official docket as follows:

Order (Final) (I) Authorizing the Property-Owning Debtors to (A) Continue to Operate Their Cash Management System, (B) Honor Certain Prepetition Obligations Related Thereto, (C) Maintain Existing Business Forms, and (D) Continue to Perform Intercompany Transactions, (II) Waiving the Requirements of Bankruptcy Code Section 345(B), and (III) Granting Related Relief. (related document(s)[653], [697]) Order Signed on 2/12/2016. (Attachments: # (1) Schedule 1 # (2) Schedule 2 # (3) Schedule 3) (GM)

Variant Holding Company, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on August 28, 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 14-12021. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Pachulski Stang Ziehl & Jones LLP is acting as lead bankruptcy counsel to Variant Holding Company, LLC in the bankruptcy case.


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