RadioShack’s original Chapter 11 is in a post-confirmation liquidation posture: the 2015 debtor group moved through DIP financing and a liquidation plan, with the court confirming the First Amended Joint Plan of Liquidation on October 2, 2015 through the Confirmation OrderDkt. 3067. The case no longer reads as an operating-company reorganization; the confirmed path is liquidation of RS Legacy Corporation and debtor affiliates, with any remaining activity centered on plan administration and related litigation rather than a going-concern restructuring.
The case began on February 5, 2015, when RadioShack Corporation filed its voluntary Chapter 11 petition in Delaware through the Chapter 11 Voluntary PetitionDkt. 1. The debtor entered Chapter 11 with a capital structure that included a $215 million 2013 ABL credit agreement, a $250 million 2013 term loan, and $325 million of 6.75% senior unsecured notes due 2019; the collateral split between current assets and fixed assets/IP made access to postpetition liquidity and intercreditor treatment central from the outset, as reflected in the DIP Financing MotionDkt. 52.
The restructuring path resolved into liquidation within months. RS Legacy filed the solicitation version of the First Amended Joint Plan of LiquidationDkt. 2786 on August 12, 2015, establishing a ten-class liquidation framework rather than a standalone operating turnaround. The court confirmed that plan as modified on October 2, 2015, and the docket also shows related adversary activity, including declaratory judgment complaints filed by Texas and by Mark Haywood in 2015, plus a later class action complaint in 2016.
A separate RadioShack-branded Chapter 11 followed in 2017 when General Wireless Operations Inc. d/b/a RadioShack filed its own voluntary petition through the General Wireless Chapter 11 PetitionDkt. 1. That later case had its own first-day declaration and plan process, including a 2017 mailing affidavit tied to approval of a disclosure statement, voting procedures, and confirmation of a First Amended Joint Plan of Reorganization for General Wireless Operations, but the 2015 RadioShack Corporation estate’s core posture remains a confirmed liquidation case.
