IN RE RADIOSHACK CORP.

Case No. 15-10197 (BLS) Jointly Administered Adv. No. 15-50239 (BLS).

550 B.R. 700 (2016)

IN RE: RADIOSHACK CORPORATION, et al., Debtors. Salus Capital Partners, LLC, in its capacity as Agent, Plaintiff, v. Standard Wireless Inc.; General Wireless Inc.; Standard General L.P.; General Retail Holdings L.P.; General Retail Funding LLC; Litespeed Master Fund, Ltd.; Litespeed Management, L.L.C.; Cantor Fitzgerald Securities LLC; Bluecrest Multi Strategy Credit Master Fund Limited; DW Catalyst Master Fund, Ltd.; DW Value Master Fund, Ltd.; Saba Capital Management, LL; Macquarie Credit Nexus Master Fund Limited; Taconic Opportunity Master Fund L.P.; Taconic Master Fund 1.5 L.P.; T. Rowe Price Associates, Inc.; Mudrick Capital Management, LP.; And Jon Does #1-50, Defendants.

United States Bankruptcy Court, D. Delaware.

Signed May 11, 2016.


Attorney(s) appearing for the Case

SKADDEN, ARPS, SLATE MEAGHER & FLOM LLP Anthony W. Clark (I.D. No. 2015) Jason Liberi (I.D. No. 4425) One Rodney Square P.O. Box 636 Wilmington, DE 19899 and Jay M. Goffman   Mark A. McDermott Four Times Square New York, NY 10036, Counsel for Plaintiff Salus Capital Partners, LLC, as agent, with respect to claims against Defendants Cantor Fitzgerald Securities LLC, BlueCrest Multi Strategy Credit Master Fund Limited, DW Catalyst Master Fund, Ltd., DW Value Master Fund, Ltd., Saba Capital Management, LP, Macquarie Credit Nexus Master Fund Limited, Taconic Opportunity Master Fund, L.P., Taconic Master Fund 1.5 L.P., Mudrick Capital Management LP., and John Does #1-50

CHOATE, HALL & STEWART LLP John F. Ventola   Douglas R. Gooding   Sean M. Monahan Two International Place Boston, Massachusetts 02110, Counsel for Plaintiff Salus Capital Partners, LLC, as agent, with respect to claims against Defendants Standard Wireless Inc., General Wireless Inc., Standard General L.P., General Retail Holdings L.P., General Retail Funding LLC, Litespeed Master Fund, Ltd., Litespeed Management, L.L.C., and T. Rowe Price Associates, Inc.

BLANK ROME LLP Stanley B. Tarr (No. 5535) Victoria Guilfoyle (No. 5183) 1201 N. Market Street, Suite 800 Wilmington, DE 19801 and Lawrence F. Flick, II, Esquire   Rick Antonoff, Esquire   Michael Kim, Esquire The Chrysler Building 405 Lexington Avenue New York, NY 10174-0208 and DAVIS POLK & WARDELL LLP Damien S. Schaible, Esquire   Elliott Moskowitz, Esquire   Justin Sommers, Esquire   Darren S. Klein, Esquire 450 Lexington Avenue New York, NY 10017, Counsel to BlueCredit Capital Management (New York) LP; DW Partners, L.P.; Macquarie Credit Investment Management Inc., Mudrick Capital Management, LP; Saba Capital Management, L.P.; T. Rowe Price Associates, Inc. and Taconic Capital Advisors L.P.

MORRIS, NICHOLS, ARSHT & TUNNELL LLP Robert J. Dehney (No. 3578) Gregory W. Werkheiser (No. 3553) Matthew B. Harvey (No. 5186) 1201 N. Market Street, 16th Floor Wilmington, DE 19801 and DLA PIPER LLP (US) Greg Galardi, Esquire   Kevin D. Finger, Esquire 1251 Avenue of the Americas New York, NY 10020, Counsel to General Wireless Inc., Standard General L.P., General Retail Holdings L.P. and General Retail Funding LLC

POTTER ANDERSON & CORROON LLP Jeremy W. Ryan (No. 4057) Etta R. Mayers (No. 4164) R. Stephen McNeill (No. 5210) 1313 N. Market Street, Sixth Floor P.O. Box 951 Wilmington, DE 19899 and KAYE SCHOLER LLP Scott D. Talmadge, Esquire   H. Stephen Castro, Eesquire   Jeffrey A. Fuisz, Esquire   Jonthan M. Agudelo, Esquire 250 West 55th Street New York, NY 10019, Counsel to Cantor Fitzgerald Securities, as administrative agent under the Amended ABL Credit Agreement and the successor-in-interest to General Electric Capital Corporation under the Original ABL Credit Agreement

YOUNG CONAWAY STARGATT & TAYLOR LLP C. Barr Flinn (No. 4092) Kenneth J. Enos (No. 4544) Rodney Square 1000 North King Street Wilmington, DE 19801 and GOODWIN PROCTOR LLP Brian D. Hail, Esquire The New York Times Building 620 Eighth Avenue New York, NY 10018, Counsel to Litespeed Management L.L.C. and Litespeed Master Fund, Ltd and Affiliates


MEMORANDUM OPINION2

I. INTRODUCTION

On December 10, 2013 — roughly 14 months before the commencement of its Chapter 11 case — RadioShack entered into a new $835 million financing arrangement with two distinct sets...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases