March 21, 2017
On March 17, 2017, Kelley Drye & Warren LLP was selected as counsel to the Official Committee of Unsecured Creditors of General Wireless Operations Inc. DBA RadioShack. On March 10, 2017, the company commenced chapter 11 proceedings in the District of Delaware. This marks the second bankruptcy for RadioShack in less than two years.
The case is pending before the Honorable Brendan L. Shannon.
RadioShack traces its history back to 1921. Over the course of the last 100 years, RadioShack was on the front line of the personal electronics, computer and mobile phone industries. The company was acquired by General Wireless out of the company’s 2015 bankruptcy.
The Committee includes Brightstar US, Brixmor Property Group, Ideavillage Products, ION America, Protop International, Spectrum Brands, and Weide Electronics.
Kelley Drye is a full service law firm with a nationally recognized bankruptcy practice that regularly represents creditors’ committees and other creditors in complex chapter 11 cases. Kelley Drye’s creditor-oriented practice is involved in virtually every major retail bankruptcy case in the country, and our award winning bankruptcy representations have been recognized by the Turnaround Management Association, the Association for Corporate Growth, the Global M&A Network, the M&A Advisor, and The Deal Pipeline.
The Kelley Drye team representing the committee is led by partners Eric R. Wilson and Jason R. Adams.