On January 14, 2016, a motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Variant Holding Company, LLC and its affiliates.
The filing was assigned docket number 656 and is described on the court’s official docket as follows:
Motion to Authorize Subsidiary Debtors’ Motion for Entry of an Order Authorizing, But Not Directing, the Subsidiary Debtors to Honor Prepetition and Postpetition Obligations Under Property Management and Asset Management Agreements, Including Satisfaction of Prepetition Property Level Expenses in the Ordinary Course Filed by Variant Holding Company, LLC. (Attachments: # (1) Exhibit A) (Keane, Peter J.)
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.