Hipcricket

Representation of Hipcricket in its chapter 11 case in the District of Delaware. Hipcricket provides mobile advertising and marketing solutions through its proprietary, mobile engagement platform. The approved chapter 11 plan implemented ESW’s $7.7 million deal to acquire Hipcricket and distributed the proceeds to creditors. Unsecured creditors, who may have received nothing under the original $4.5 million stalking horse offer, saw a return of “at least 20 cents on the dollar” under the ESW-sponsored plan.