Dendreon Corporation Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Pay Claims Of Employees

On December 9, 2014, an order regarding the motion for authority to pay claims of employees was filed in the bankruptcy case of Dendreon Corporation and its affiliates.

The filing was assigned docket number 157 and is described on the court’s official docket as follows:

Order (Final) Pursuant to 11 U.S.C. Sections 105(a),363,507(a), 541, 1107(a) and 1108, and Fed. R. Bankr. P. 6003 and 6004, to, Inter Alia, (I) Authorize, But not Direct, the Debtors to Pay Prepetition Wages, Compensation and Employee Benefits; (II) Authorize, But Not Direct, the Debtors to Continue Certain Employee Benefit Programs in the Ordinary Course; and (III) Direct all Banks to Honor Prepetition Checks for Payment of Prepetition Employee Obligations. (related document(s)[8], [52], [68], [141]) Order Signed on 12/9/2014. (NAB)

Dendreon Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 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 14-12515. The bankruptcy case is currently assigned to United States Bankruptcy Judge Peter Walsh. The law firm of Skadden, Arps, Slate, Meagher & Flom LLP is acting as lead bankruptcy counsel to Dendreon Corporation in the bankruptcy case.


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