Limitless Creditors Oppose Cell Tower Lease Rejection Plan

Law360, Wilmington (January 10, 2017, 6:49 PM EST) -- The unsecured creditors of bankrupt wireless communications firm Limitless Mobile LLC objected Tuesday to the company's attempt to reject more than 100 cell tower leases and abandon the wireless equipment mounted on the towers, saying it should wait until the end of January.

In the objection, the committee of unsecured creditors said that Limitless has enough money to continue paying leases on the cell towers in central Pennsylvania until Jan. 31. The money is available because of a negotiation with creditors that allows the company to...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Limitless Mobile, LLC


Case Number

1:16-bk-12685

Court

Delaware

Nature of Suit

Date Filed

December 2, 2016

Law Firms

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.