Walter Energy, Inc. Bankruptcy New Filing Alert: Application For Interim Approval Of Professional Compensation

On January 18, 2016, an application for interim approval of professional compensation was filed in the bankruptcy case of Walter Energy, Inc. and its affiliates.

The filing was assigned docket number 1674 and is described on the court’s official docket as follows:

Application for Compensation Third Monthly Application of PJT Partners LP as Financial Advisor and Investment Banker to the Debtors and Debtors-in-Possession for Allowance of Compensation for Necessary Services Rendered and for the Reimbursement of all Actual and Necessary Expenses Incurred for the Period of November 1, 2015 through November 30, 2015 for Walter Energy, Inc., et al., Financial Advisor, Period: 11/1/2015 to 11/30/2015, Fee: $200,000, Expenses: $0. Filed by Attorney James Blake Bailey (Attachments: # (1) Part 2) (Bailey, James)

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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