On August 4, 2014, a motion for authority to pay claims of employees was filed in the bankruptcy case of Phoenix Payment Systems, Inc. (a/k/a Electronic Payment Systems; EPX) and its affiliates.
The filing was assigned docket number 6 and is described on the court’s official docket as follows:
Motion to Pay Employee Wages to (I) Pay Prepetition Workforce Obligations, Including Compensation, Benefits, Expense Reimbursements and Related Obligations, (II) Continue Workforce Programs on Postpetition Basis, (III) Pay Withholding and Payroll-Related Taxes, and (IV) Pay Prepetition Claims Owing to Administrators of, or Third Party Providers Under, Workforce Programs Filed By Phoenix Payment Systems, Inc. (Attachments: # 1 Exhibit A)(Collins, Mark) Modified on 8/4/2014 (NAL). (Entered: 08/04/2014)
Phoenix Payment Systems, Inc. (a/k/a Electronic Payment Systems; EPX) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on August 4, 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 14-11848. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Richards, Layton & Finger, P.A. is acting as lead bankruptcy counsel to Phoenix Payment Systems, Inc. (a/k/a Electronic Payment Systems; EPX) in the bankruptcy case.