RadioShack Gift Card Holders Sue Bankruptcy Estate

Law360, Wilmington (July 17, 2015, 6:49 PM EDT) -- RadioShack Corp.'s bankruptcy estate was hit with an adversary action Friday from a putative class of unused gift card holders, believed to number in the tens of thousands, who want claims potentially worth up to $43 million to be paid out as a high priority.

The complaint was lodged by Mark Haywood in the Delaware bankruptcy court, who argues not only that thousands of gift card holders may not have gotten proper notice of the bar date to file a claim in the iconic retailer's Chapter...
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