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

On April 28, 2015, an affidavit or declaration regarding 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 125 and is described on the court’s official docket as follows:

Declaration re: Declaration of Jon Nix in Support of Limited Objection of Jon Nix to (A) Motion of Debtors and Debtors in Possession for Entry of Final Order (I) Authorizing Debtors to Obtain Postpetition Financing and to Utilize Cash Collateral and (II) Granting Adequate Protection to Prepetition Secured Lenders, (B) Motion of Debtors and Debtors in Possession for Entry of Final Order Authorizing (I) Payment of Certain Prepetition Claims of Critical Vendors, (II) Payment of 503(B)(9) Claims ro Certain Critical Vendors and (III) Financial Institutions to Honor and Process Related Checks and Transfers and (C) Docket Nos. 102 Through 108 Filed by Robert S Westermann on behalf of Jon Nix (RE: related document(s)[124] Objection). (Westermann, Robert)

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.


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