Xinergy Ltd. Bankruptcy New Filing Alert: Motion For Authority To Use Cash Management Systems

On April 6, 2015, a motion for authority to use cash management systems was filed in the bankruptcy case of Xinergy Ltd. and its affiliates.

The filing was assigned docket number 8 and is described on the court’s official docket as follows:

Motion for Entry of Order (Motion of the Debtors and Debtors in Possession for Entry of an Order (i) Authorizing Debtors to Maintain Existing Bank Accounts and Business Forms and Continue to Use Existing Cash Management System; (ii) Granting Administrative Expense Status for Intercompany Claims; and (iii) Waiving the Requirements of Section 345(b) of the Bankruptcy Code) Filed by Debtor Xinergy Ltd. (Long, Henry) (Entered: 04/06/2015)

Xinergy Ltd. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 6, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Western District of Virginia . The case number for the lead bankruptcy case is 15-70444. The bankruptcy case is currently assigned to United States Bankruptcy Judge Paul Black. The law firm of Hunton & Williams LLP is acting as lead bankruptcy counsel to Xinergy Ltd. in the bankruptcy case.


Leave a Reply