Penn Virginia Corporation Bankruptcy New Filing Alert: Application For Authority To Retain Professionals

On May 23, 2016, an application for authority to retain professionals was filed in the bankruptcy case of Penn Virginia Corporation and its affiliates.

The filing was assigned docket number 123 and is described on the court’s official docket as follows:

Application to Employ Debtors’ Application for Entry of an Order (I) Authorizing the Retention and Employment of Jefferies LLC as Investment Banker for the Debtors and Debtors in Possession Pursuant to 11 U.S.C. ยงยง 327(a) and 328(a), Nunc Pro Tunc to the Petition Date, (II) Waiving Certain Time-Keeping Requirements, and (III) Granting Related Relief filed by Michael A. Condyles of Kutak Rock LLP on behalf of Penn Virginia Corporation. (Condyles, Michael)

Penn Virginia Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 12, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the Eastern District of Virginia . The case number for the lead bankruptcy case is 16-32395. The bankruptcy case is currently assigned to United States Bankruptcy Judge Judge Not Yet Assigned. The law firm of Kirkland & Ellis LLP is acting as lead bankruptcy counsel to Penn Virginia Corporation in the bankruptcy case.


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