On March 26, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of RCS Capital Corporation and its affiliates.
The filing was assigned docket number 389 and is described on the court’s official docket as follows:
Supplemental Motion to Approve Debtor In Possession Financing Filed By Cetera Debtors, RCS Capital Corporation Objections due by 4/4/2016. (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.