On March 16, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Variant Holding Company, LLC and its affiliates.
The filing was assigned docket number 985 and is described on the court’s official docket as follows:
Motion to Shorten /Debtors’ Motion to Fix a Hearing Date and Shorten Notice on: Motion of the Debtors Pursuant to Sections 105(a), 363(b), 364(c) and 364(d) of the Bankruptcy Code and Bankruptcy Rule 9019 for Entry of Order (I) Approving Stipulation Regarding The Oaks at Stonecrest Apartments, LLC, and (II) in Connection Therewith, Supplementing Final Order (A) Authorizing Debtors to Obtain Postpetition Financing and to Grant Security Interests and Superpriority Administrative Expense Status Pursuant to 11 U.S.C. Sections 105, 364(c) and 364(d); (B) Authorizing Debtors to Use Cash Collateral; (C) Modifying the Automatic Stay Pursuant to 11 U.S.C. Section 362; and (D) Granting Adequate Protection Pursuant to 11 U.S.C. Sections 361 and 363 (related document(s)) Filed by Variant Holding Company, LLC. (Attachments: # (1) Exhibit A – Proposed Order) (Keane, Peter)
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.