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RS Legacy Corp. (fka RSHCQ) RSS Feed

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Bankruptcy

New Name:   RS Legacy Corp  as of June 2015

New Symbol RSHCQ

http://radioshackcorporation.com/ 
 

 

 
 

IBOX below line maintained by Mod Bar1080 who may not undertake to update iBOX info. Do your own research
 

Important

2-Apr-2015  8K filed by Radio Shack [now RS Legacy Corporation] :     "... there will be no value for common stockholders of the Company following the Sale and completion of the bankruptcy liquidation process. Equity holders of a company in Chapter 11 bankruptcy generally receive value only if all claims of the company's secured and unsecured creditors are fully satisfied. The Company believes that the claims of its secured and unsecured creditors will not be fully satisfied following completion of the Sale, the other transactions discussed herein and the liquidation of the Company's remaining assets."    http://biz.yahoo.com/e/150402/rshcq8-k.html



RadioShack and RS Legacy Corp Court Filings

Case Background

On February 5, 2015, RadioShack Corporation and 17 affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.  The Debtors' cases are pending before the Honorable Brendan L. Shannon and are jointly administered under Case No. 15-10197. Name was changed to RS Legacy Corporation on June 22, 2015.
https://cases.primeclerk.com/radioshack/

 

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