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Loot Crate Inc. Forgoes a $1 Million Walkaway Fee in a Delaware Chapter 11 Stalking Horse Sale

The Official Committee of Unsecured Creditors in the Loot Crate bankruptcy cases represented by Morris James LLP argued against entry of a Final DIP Financing Order and Bid Procedures in the form submitted to the Court.  The hearing before Delaware Bankruptcy Judge Brendan Shannon was summarized by Law 360 and a copy of the article may be found here.

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firm news, media mention, litigation & liquidating trustees, bankruptcy committees practice