RCS Capital Corporation Bankruptcy New Filing Alert: Application For Authority To Retain Professionals

On March 31, 2016, an application for authority to retain professionals was filed in the bankruptcy case of RCS Capital Corporation and its affiliates.

The filing was assigned docket number 444 and is described on the court’s official docket as follows:

Application/Motion to Employ/Retain Zolfo Cooper Management, LLC as Interim Management Services, and Designating Carol Flaton as Chief Restructuring Officer and Strategic Director of Finance and Denise Lorenzo as the Associate Director of Finance for the Cetera Debtors Nunc Pro Tunc to the Cetera Petition Date Filed by Cetera Debtors, RCS Capital Corporation. Hearing scheduled for 4/20/2016 at 09:30 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #4, Wilmington, Delaware. Objections due by 4/13/2016. (Attachments: # (1) Notice # (2) Exhibit A # (3) Exhibit B # (4) Exhibit C) (Poppiti, Jr., Robert)

RCS Capital Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 31, 2016. 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 16-10223. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Dechert LLP is acting as lead bankruptcy counsel to RCS Capital Corporation in the bankruptcy case.


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