Gridway Energy Holdings, Inc. Bankruptcy New Filing Alert: Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On April 23, 2014, a motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Gridway Energy Holdings, Inc. and its affiliates.

The filing was assigned docket number 82 and is described on the court’s official docket as follows:

Motion to Authorize // Motion of the Debtors for an Order (I) Authorizing the Debtors to Honor Certain Prepetition Customer Obligations and to Continue Prepetition Customer Program in the Ordinary Course of Business and (II) Authorizing the Debtors’ Financial Institutions to Honor Payments Related to the Foregoing Filed by Gridway Energy Holdings, Inc.. Hearing scheduled for 5/29/2014 at 10:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 5/7/2014. (Attachments: # (1) Notice # (2) Exhibit A) (Bowman, Donald)

Gridway Energy Holdings, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 10, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 14-10833. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Patton Boggs LLP is acting as lead bankruptcy counsel to Gridway Energy Holdings, Inc. in the bankruptcy case.

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