Cubic Energy, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Pay Claims Of Employees

On December 15, 2015, an order regarding the motion for authority to pay claims of employees was filed in the bankruptcy case of Cubic Energy, Inc. and its affiliates.

The filing was assigned docket number 46 and is described on the court’s official docket as follows:

Order Authorizing The Debtors To (I) Pay Prepetition Wages And Salaries To Employees, (II) Pay Prepetition Employee Payroll Taxes, Expense Reimbursements And Benefits And Continue Benefit Programs In The Ordinary Course And (III) Direct Banks To Honor Checks For Payment Of Prepetition Employee Obligations. (related document(s)[10]) Signed on 12/15/2015. (JAF)

Cubic Energy, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on December 11, 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 15-12500. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Holland & Knight LLP is acting as lead bankruptcy counsel to Cubic Energy, Inc. in the bankruptcy case.


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