Suntech America, Inc. (a/k/a Suntech Power) Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Pay Claims Of Employees

On February 5, 2015, an order regarding the motion for authority to pay claims of employees was filed in the bankruptcy case of Suntech America, Inc. (a/k/a Suntech Power) and its affiliates.

The filing was assigned docket number 84 and is described on the court’s official docket as follows:

Order (FINAL) (I) Authorizing Payment of Certain Prepetition Workforce Obligations, Including Compensation, Benefits, Expense Reimbursements and Related Obligations, (II) Confirming Right to Continue Workforce Programs on Postpetition Basis, (III) Authorizing Payment of Withholding and Payroll-Related Taxes, (IV) Authorizing Payment of Prepetition Claims Owing to Administrators of, or Third Party Providers under, Workforce Programs and (V) Directing Banks to Honor Prepetition Checks and Fund Transfers for Authorized Payments.(related document(s)[7], [20], [24], [75]) Order Signed on 2/5/2015. (LCN)

Suntech America, Inc. (a/k/a Suntech Power) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 12, 2015. 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 15-10054. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Richards, Layton & Finger, P.A. is acting as lead bankruptcy counsel to Suntech America, Inc. (a/k/a Suntech Power) in the bankruptcy case.


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