A bridge loan obtained late last year helped iM3NY stave off Chapter 7 liquidation and allowed it to rehire 22 employees who had been laid off. Despite these challenges, Cianciara stated that iM3NY expects to begin selling its batteries in early 2025.
Legal Representation and Case Management
The bankruptcy case has been assigned to U.S. Bankruptcy Judge Brendan Linehan Shannon. iM3NY is represented by David W. Carickhoff, William E. Chipman Jr., Bryan J. Hall, Mark D. Olivere, and Alan Michael Root of Chipman Brown Cicero & Cole LLP.