Optim Energy, LLC (a/k/a EnergyCo, LLC) Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On June 17, 2014, a motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Optim Energy, LLC (a/k/a EnergyCo, LLC) and its affiliates.

The filing was assigned docket number 361 and is described on the court’s official docket as follows:

Motion to Shorten Debtors’ Motion for Entry of an Order Under 11 U.S.C. Sections 102(1) and 105, Fed. Bankr. R. 9006 and D. Del. Local R. 6004-1 and 9006-1(e) Shortening Notice Relating to the Debtors’ Motion For Orders: (A)(I) Approving Sale Procedures And Proposed Purchaser Payments In Connection With The Sale Of Certain Assets Of Optim Energy Twin Oaks, LP, (II) Scheduling An Auction And Hearing To Consider Approval Of The Sale, (III) Approving Notice Relating To The Sale, And (IV) Granting Related Relief; And (B)(I) Authorizing And Approving Optim Energy Twin Oaks, LP To Sell Substantially All Of Its Property Free And Clear Of All Liens, Claims, And Encumbrances, (II) Authorizing Optim Energy Twin Oaks, LP To Assume And Assign Certain Executory Contracts And Unexpired Leases, And (III) Granting Related Relief (related document(s)[359]) Filed by Optim Energy, LLC. Hearing scheduled for 6/25/2014 at 01:00 PM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #1, Wilmington, Delaware. Objections due by 6/23/2014. (Attachments: # (1) Exhibit A) (Alleman, William)

Optim Energy, LLC (a/k/a EnergyCo, LLC) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 12, 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 14-10262. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Bracewell & Giuliani, L.L.P. is acting as lead bankruptcy counsel to Optim Energy, LLC (a/k/a EnergyCo, LLC) in the bankruptcy case.

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