On December 1, 2014, a stipulation regarding motion for authority to assume and/or assign agreements 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 1231 and is described on the court’s official docket as follows:
Stipulation and Order signed 12/1/2014 Between the Debtors and Direct Energy Business Marketing, LLC Regarding Assumption of Executory Contract(s) and Payment of Cure Amount(s) (related document(s)). (Logue Togher, Claire)
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.