On June 18, 2014, an objection to the disclosure statement with respect to a plan of reorganization or liquidation was filed in the bankruptcy case of MPM Silicones, LLC (d/b/a Momentive Performance Materials) and its affiliates.
The filing was assigned docket number 432 and is described on the court’s official docket as follows:
Objection Supplement to the Objection of Wilmington Trust, National Association, as Indenture Trustee, to Adequacy of the Disclosure Statement for Debtors’ Joint Chapter 11 Plan of Reorganization (related document(s)) filed by Mark R. Somerstein on behalf of Wilmington Trust, N.A.. (Somerstein, Mark)
MPM Silicones, LLC (d/b/a Momentive Performance Materials) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 13, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 14-22503. The bankruptcy case is currently assigned to United States Bankruptcy Judge Robert Drain. The law firm of Willkie, Farr & Gallagher LLP is acting as lead bankruptcy counsel to MPM Silicones, LLC (d/b/a Momentive Performance Materials) in the bankruptcy case.