Parallel Energy LP Bankruptcy New Filing Alert: Motion For Authority To Pay Claims Of Employees

On November 9, 2015, a motion for authority to pay claims of employees was filed in the bankruptcy case of Parallel Energy LP and its affiliates.

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

Motion to Pay Employee Wages // Motion Of The Debtors For Interim And Final Orders Authorizing (A) Payment Of Pre-Petition Employee Wages, Salaries And Payroll Taxes, (B) Reimbursement Of Employees For Pre-Petition Business Expenses, And (C) Honoring Of Existing Benefit Plans And Policies At The Debtors Discretion In The Ordinary Course Of Business Filed By Parallel Energy LP (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C)(Finizio, GianClaudio) (Entered: 11/09/2015)

Parallel Energy LP filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 9, 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 15-12263. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of Thompson & Knight LLP is acting as lead bankruptcy counsel to Parallel Energy LP in the bankruptcy case.


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