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Government RadioShack files bankruptcy liquidation plan for rest of assets

RadioShack files bankruptcy liquidation plan for rest of assets

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Robert Francis
Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

RadioShack Corp. has filed a bankruptcy liquidation plan for the rest of the company’s assets following the sale of about 1,700 of the electronic chain’s stores to Standard General LP.

The plan, filed June 5 in Delaware bankruptcy court, calls for a trust to be created to liquidate other assets and resolve disputed claims.

A June 16 hearing has been set for approval of the sale of various properties owned by RadioShack

The case is In re RadioShack Corp., 15-bk-10197, U.S. Bankruptcy Court, District of Delaware (Wilmington).

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