Xinergy Ltd. Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On April 7, 2015, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Xinergy Ltd. and its affiliates.

The filing was assigned docket number 22 and is described on the court’s official docket as follows:

Motion for Entry of Order Motion of Debtors and Debtors in Possession, Pursuant to 11 U.S.C. §§ 105, 361, 362, 364(c)(1), 364(c)(2), 364(c)(3), 364(d)(1) and 364(e) for Entry of Interim and Final Orders (i) Authorizing Debtors (A) To Obtain Postpetition Financing and (B) to Utilize Cash Collateral, (ii) Granting Adequate Protection to Prepetition Secured Lenders and (iii) Scheduling Final Hearing Filed by Debtor Xinergy Ltd. (Long, Henry) (Entered: 04/07/2015)

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