Aeropostale, Inc. Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On May 4, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Aeropostale, Inc. and its affiliates.

The filing was assigned docket number 5 and is described on the court’s official docket as follows:

Motion to Approve Debtor in Possession Financing / Motion of Debtors for Interim and Final Authority to (A) Obtain Postpetition Financing Pursuant to 11 U.S.C. §§ 105, 361, 362, 364(c)(1), 364(c)(2), 364(c)(3), 364(d)(1) and 364(e), (B) Use Cash Collateral Pursuant to 11 U.S.C. § 363(c)(2), (C) Grant Certain Protections to Prepetition Secured Parties Pursuant to 11 U.S.C. §§ 361, 362, 363, and 364, and (D) Schedule a Final Hearing Pursuant to Fed. R. Bankr. P. 4001(b) and (c) filed by Ray C Schrock on behalf of Aeropostale, Inc.. (Schrock, Ray) (Entered: 05/04/2016)

Aeropostale, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 4, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 16-11275. The bankruptcy case is currently assigned to United States Bankruptcy Judge Judge Not Yet Assigned. The law firm of Weil, Gotshal & Manges LLP is acting as lead bankruptcy counsel to Aeropostale, Inc. in the bankruptcy case.


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