Parallel Energy LP Bankruptcy New Filing Alert: Order Regarding The Application For Authority To Retain Professionals

On December 10, 2015, an order regarding the application for authority to retain professionals was filed in the bankruptcy case of Parallel Energy LP and its affiliates.

The filing was assigned docket number 116 and is described on the court’s official docket as follows:

Order Granting Application of the Debtors for Entry of an Order Pursuant to 11 U.S.C. §§ 327(a), 328, 330, and 1107 Authorizing Employment and Retention of Bayard, P.A. as Delaware Counsel for the Debtors in Possession Nunc Pro Tunc to the Petition Date and Statement Required by 11 U.S.C. § 329 (related document(s)[62], [105]) Order Signed on 12/10/2015. (LMD)

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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