In the Limitless Mobile, LLC bankruptcy proceeding (Delaware Bankruptcy Case No. 16-12685), a formation meeting has been scheduled for December 16, 2016 at 10:00 a.m. (ET) at the J. Caleb Boggs Federal Building, 844 King Street, Room 3209, Wilmington, DE 19801.  Click Here for a copy of the Notice of Formation Meeting for Official Committee of Unsecured Creditors issued by the Office of the United States Trustee.  Unsecured creditors interested in being considered for committee membership must complete a questionnaire and return it to the U.S. Trustee no later than December 14, 2016.

One way in which creditors can assert their interests is to attend the Formation Meeting and become a part of the official committee of unsecured creditors.  The creditors’ committee is one of the most active participants in a corporate bankruptcy, and has access to a significant amount of information not available to normal creditors.

Since the Limitless Mobile bankruptcy was filed earlier this month, the Delaware Bankruptcy Court has had an opportunity to consider and rule on many of the debtor’s initial motions.  On December 8th, the Bankruptcy Court entered the following orders:

12/08/2016  

31
(6 pgs)

Order Approving Retention And Appointment of Rust Consulting/Omni Bankruptcy as Claims And Noticing Agent (Related Doc # 4)(related document(s)4) Order Signed on 12/8/2016. (JohnstonJ, Julie) (Entered: 12/08/2016)
12/08/2016  

32
(4 pgs)

Order (INTERIM) (I)Authorizing The Debtor to Maintain And Renew Prepetition Insurance Policies And Pay All Obligations in Respect Thereof And (II)Granting Related Relief (Related Doc # 5)(related document(s)5) Order Signed on 12/8/2016. (JohnstonJ, Julie) (Entered: 12/08/2016)
12/08/2016  

33
(4 pgs)

Order (INTERIM) (I)Authorizing The Debtor To Pay Certain Prepetition Taxes And (II)Granting Related Relief (Related Doc # 6)(related document(s)6) Order Signed on 12/8/2016. (JohnstonJ, Julie) (Entered: 12/08/2016)
12/08/2016  

34
(7 pgs; 2 docs)

Order (INTERIM) (I)Approving Debtor’s Adequate Assurance of Payment To Utility Companies, (II)Establishing Procedures For Resolving Objections By Utility Companies, And (III)Prohibiting Utility Companies From Altering, Refusing, or Discontinuing Service And (IV)Setting A Final Hearing. (Related Doc # 7)(related document(s)7) Order Signed on 12/8/2016. (JohnstonJ, Julie) Additional attachment(s) added on 12/8/2016 (JohnstonJ, Julie). (Entered: 12/08/2016)
12/08/2016  

35
(6 pgs)

Order (INTERIM) (I)Approving Continued Use of Existing Cash Management System And Bank Accounts; (II)Waiving Certain United States Trustee Requirements; And (III)Granting Related Relief (Related Doc # 8)(related document(s)8) Order Signed on 12/8/2016. (JohnstonJ, Julie) (Entered: 12/08/2016)
12/08/2016  

36
(3 pgs)

Order (I)Authorizing Debtor To Honor or Pay Certain Prepetition Obligations To Customers And (II)Authorizing And Directing Financial Institutions To Honor And Process Checks And Transfers Related To Such Relief (Related Doc # 9)(related document(s)9) Order Signed on 12/8/2016. (JohnstonJ, Julie) (Entered: 12/08/2016)
12/08/2016  

37
(11 pgs; 2 docs)

Order (INTERIM) (A)Authorizing The Debtor To Use Cash Collateral of Existing Secured Lenders And Granting Adequate Protection For Use And (B)Prescribing The Form And Manner of Notice And Setting The Time For The Final Hearing (Related Doc # 19)(related document(s)19) Order Signed on 12/8/2016. (Attachments: # 1 Exhibit 1) (JohnstonJ, Julie) (Entered: 12/08/2016)
12/08/2016  

38
(47 pgs; 2 docs)

Order (INTERIM) (I)Authorizing Debtor To Obtain Postpetition Financing,(II)Granting Administrative Priority Claims To DIP Lender, And (III)Scheduling Final Hearing (Related Doc # 20) Order Signed on 12/8/2016.(Attachments: # 1 Agreement) (JohnstonJ, Julie) (Entered: 12/08/2016)
12/08/2016  

39
(2 pgs)

Order Granting Motion of Debtor To Pay Certain Pre-Petition Payroll, Severance, Employee Benefit And Contractor Wage Expenses. (Related Doc # 22)(related document(s)22) Order Signed on 12/8/2016. (JohnstonJ, Julie) (Entered: 12/08/2016)

The Limitless Mobile bankruptcy is before the Honorable Kevin J. Carey.  Limitless Mobile is represented by the law firm of Dilworth Paxson LLP.

Carl D. Neff is a partner with the law firm of Fox Rothschild LLP.  You can reach Carl at (302) 622-4272 or at cneff@foxrothschild.com.