Rdio, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On December 22, 2015, an order regarding the motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Rdio, Inc. and its affiliates.

The filing was assigned docket number 151 and is described on the court’s official docket as follows:

Order (A) Authorizing The Debtor To Transfer And Sell Certain Assets Free And Clear Of Liens, Claims, Encumbrances, And Other Interests, (B) Authorizing The Debtor To Transfer And Sell Such Assets And To Consummate Other Transactions In Accordance With That Certain Asset Purchase Agreement, (C) Approving The Assumption and Assignment Of Certain Executory Contracts Related Thereto, And (D) Granting Related Relief. (Related Doc # 75) (ac) (Entered: 12/22/2015)

Rdio, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 16, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of California . The case number for the lead bankruptcy case is 15-31430. The bankruptcy case is currently assigned to United States Bankruptcy Judge Dennis Montali. The law firm of Levene Neale Bender Rankin & Brill LLP is acting as lead bankruptcy counsel to Rdio, Inc. in the bankruptcy case.


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