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Simplexity, LLC
Case Number:
1:14-bk-10569
Court:
Nature of Suit:
Firms
- Archer & Greiner
- Ashby & Geddes
- ASK LLP
- Barnes & Thornburg
- Blank Rome
- Certilman Balin
- Connolly Gallagher
- Cross & Simon
- Faegre Drinker
- Flaster Greenberg
- Fox Rothschild
- FrankGecker
- Gellert Scali
- Gibson Dunn
- Goldberg Kohn
- Hunton Andrews
- Kilpatrick Townsend
- Klehr Harrison
- K&L Gates
- Landis Rath
- Margolis Edelstein
- McCarter & English
- McGuireWoods
- Miller Nash LLP
- Monzack Mersky
- Morris James
- Morris Nichols
- Peitzman Weg
- Polsinelli PC
- Potter Anderson
- Richards Layton
- Robins Kaplan
- Robinson & Cole
- Rosner Law Group LLC
- Smith Katzenstein
- Stradley Ronon
- Sullivan & Cromwell
- UB Greensfelder
- White and Williams
- Whiteford Taylor
- WilmerHale
- Womble Bond
- Young Conaway
Companies
- Aetna Inc.
- AT&T Inc.
- Brightstar Corp.
- Delta Air Lines Inc.
- EE Ltd.
- Equinix Inc.
- Experian PLC
- Fifth Third Bancorp
- Kmart Corp.
- Microsoft Corp.
- Oracle Corp.
- Reliance Communications Ltd.
- Target Corp.
- The Hartford Financial Services Group Inc.
- T-Mobile US Inc.
- Universal Service Administrative Co.
- Versa Capital Management Inc.
- VXI Global Solutions LLC
- Walmart Inc.
- Worldpay LLC
- Yahoo Inc.
Government Agencies
Sectors & Industries:
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April 11, 2014
Simplexity Gets OK For DIP Loan To Fund Wal-Mart Sale
A Delaware bankruptcy judge on Friday approved debtor-in-possession financing that private-equity owned mobile phone activator Simplexity LLC says is crucial to fund its planned $10 million stalking horse sale to Wal-Mart Stores Inc., despite objections from unsecured creditors that say the facility solely protects lender Fifth Third Bank.
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April 08, 2014
Simplexity Rips Terms Of Bankruptcy Loan From Fifth Third
Bankrupt private-equity owned mobile phone activator Simplexity LLC said Tuesday that it took issue with terms of debtor-in-possession financing extended by Fifth Third Bank, leaving in limbo how the debtor will fund its planned $10 million stalking horse sale to Wal-Mart Stores Inc.
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April 04, 2014
Bankrupt Simplexity Gets OK For $10M Wal-Mart Sale Plan
A Delaware bankruptcy judge gave the green light Friday to private equity-owned mobile phone activator Simplexity LLC's plan to sell some of its assets in a Chapter 11 auction, with retail giant Wal-Mart Stores Inc. putting in a $10 million stalking horse bid.
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April 03, 2014
Simplexity Creditors Balk At Wal-Mart Stalking Horse Deal
Creditors of private-equity owned Simplexity LLC objected Wednesday to the bankrupt mobile-phone activator's planned $10 million asset sale to stalking horse Wal-Mart Stores Inc., saying the proposed bidding procedures will discourage other suitors.
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March 26, 2014
Simplexity Plans $10M Stalking Horse Sale To Wal-Mart
Private equity-owned mobile phone activator Simplexity LLC asked the Delaware bankruptcy court late Tuesday to approve a plan to auction many of its assets, including intellectual property related to its e-commerce platform, with Wal-Mart Stores Inc. acting as stalking horse with a $10 million bid.
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March 19, 2014
Simplexity Gets Nod For $1M DIP To Fund Quick Sale
Troubled mobile-phone activator Simplexity LLC won approval from a Delaware bankruptcy judge Wednesday for up to $1 million debtor-in-possession financing, which the private equity-owned outfit will tap as it looks to ring up a speedy sale in Chapter 11.
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