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RS Legacy Corporation

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Case overview

Case Number:

1:15-bk-10197

Court:

Delaware

Nature of Suit:

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  1. September 25, 2015

    RadioShack Settles Standard General Indemnity Claims

    The RadioShack bankruptcy estate's committee of unsecured creditors has agreed to dismiss litigation in Texas federal court against lenders Standard General and Wells Fargo Bank, with the retailer putting to rest a related indemnity fight that left its reorganization in limbo, according to a filing Thursday in Delaware bankruptcy court.

  2. September 17, 2015

    RadioShack Plan Approval In Limbo Over Indemnity Dispute

    The RadioShack estate's Chapter 11 plan hung in limbo Thursday after its unsecured creditors committee and lenders Standard General LP and Wells Fargo Bank NA parsed out indemnity provisions in the face of a claim that threatens to derail the iconic retailer's reorganization.

  3. September 16, 2015

    RadioShack Ch. 11 Plan Stalled Over Lenders' Fee Demands

    Disagreement over the RadioShack bankruptcy estate's obligation to pay the court costs of lenders embroiled in a lawsuit by its committee of unsecured creditors stalled the electronics retailer's bid Wednesday for approval of its Chapter 11 plan.

  4. September 15, 2015

    RadioShack Gets Lenders' Approval On Amended Ch. 11 Plan

    The RadioShack Corp. told a Delaware bankruptcy judge on Monday that it has received the approval of all voting secured creditors, save for the Internal Revenue Service, of its amended Chapter 11 reorganization plan, two days ahead of a confirmation hearing.

  5. September 11, 2015

    RadioShack Estate Loses Challenge Of $100M IRS Claim

    A Delaware bankruptcy judge on Friday declined the RadioShack estate's request to alter or reduce a $100 million Internal Revenue Service tax claim that the debtors have said casts uncertainty on the viability of its Chapter 11 reorganization plan.

  6. September 10, 2015

    RadioShack Estate Settles Gift Card Dispute With Texas AG

    A Delaware bankruptcy judge signed off Thursday on the RadioShack estate's deal to end a dispute with the Texas attorney general over $46 million in unused gift cards, giving people who purchased the vouchers priority claims in the electronics retailer's Chapter 11 case.

  7. September 08, 2015

    RadioShack Tries To Nix Class Bid In Unused Gift Card Row

    The bankruptcy estate of iconic electronics retailer RadioShack on Tuesday urged a Delaware bankruptcy judge to deny certification to a putative class of consumers suing over millions of dollars in unused gift cards, saying approving the class wouldn't serve a purpose in light of a recent settlement with the Texas Attorney General.

  8. August 26, 2015

    RadioShack Estate Reaches Deal In Texas AG's Gift Card Suit

    The bankruptcy estate of iconic electronics retailer RadioShack has reached an agreement with the Texas attorney general in a dispute over $46 million worth of unused gift cards held by consumers around the country, its attorneys told a Delaware bankruptcy judge Wednesday.

  9. August 11, 2015

    Texas AG Wants RadioShack To Notify Gift Card Holders

    The Texas attorney general urged a Delaware bankruptcy court Tuesday to compel RadioShack Corp.'s estate to contact as many of the 2.9 million gift card holders as it has addresses for and treat them as known creditors in its Chapter 11 proceedings.

  10. August 07, 2015

    RadioShack Extends Gift Card Claims, Settles Creditor Fights

    The estate of RadioShack Corp. filed an amended Chapter 11 liquidation plan late Thursday in Delaware bankruptcy court that doubles the time for gift card holders to file refund claims that could top $43 million and includes proposed settlements to resolve infighting among creditors.