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

On January 8, 2016, a motion for authority to pay claims of employees was filed in the bankruptcy case of KaloBios Pharmaceuticals, Inc. and its affiliates.

The filing was assigned docket number 20 and is described on the court’s official docket as follows:

Motion to Pay Employee Wages Debtor’s Motion For Order Under 11 U.S.C. §§ 105(a), 363(b) And 507(a) Authorizing Continuation Of Employee Programs And Payment Of Certain Related Prepetition Claims Filed By Kalobios Pharmaceuticals, Inc. Hearing scheduled for 1/12/2016 at 11:00 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #2, Wilmington, Delaware. (Attachments: # (1) Exhibit A)(Harvey, Matthew)

KaloBios Pharmaceuticals, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on December 29, 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 15-12628. The bankruptcy case is currently assigned to United States Bankruptcy Judge Laurie Selber Silverstein. The law firm of Morris, Nichols, Arsht & Tunnell LLP is acting as lead bankruptcy counsel to KaloBios Pharmaceuticals, Inc. in the bankruptcy case.


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