Walter Energy, Inc. Bankruptcy New Filing Alert: Motion For Authority To Pay Claims Of Employees

On July 15, 2015, a motion for authority to pay claims of employees was filed in the bankruptcy case of Walter Energy, Inc. and its affiliates.

The filing was assigned docket number 17 and is described on the court’s official docket as follows:

Motion Regarding Chapter 11 First Day Motions 10.The Debtors Motion for (I) (A) an Order Authorizing, But Not Directing, the Debtors to Pay Certain Prepetition Wages, Compensation, Workers Compensation and Employee Benefits and to Maintain Employee Benefit Programs and Pay Related Administrative Obligations; and (B) a Supplemental Order Authorizing, But Not Directing, the Debtors to Pay Certain Bonus and Severance Obligations related thereto; (II) Authorizing and Directing Applicable Banks and Other Financial Institutions to Process and Pay All Checks Presented for Payment and to Honor All Funds Transfer Requests Made by the Debtors Relating to the Foregoing; and (III) Granting Related Relief Filed by Debtor Walter Energy, Inc. (Darby) (Entered: 07/15/2015)

Walter Energy, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 15, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of Alabama . The case number for the lead bankruptcy case is 15-02741. The bankruptcy case is currently assigned to United States Bankruptcy Judge Tamara Mitchell. The law firm of Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as lead bankruptcy counsel to Walter Energy, Inc. in the bankruptcy case.


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