SunEdison, Inc. Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On April 21, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of SunEdison, Inc. and its affiliates.

The filing was assigned docket number 26 and is described on the court’s official docket as follows:

Motion to Authorize Debtors’ Motion for Interim and Final Orders (I) Authorizing Debtors (A) to Obtain Postpetition Financing Pursuant to Bankruptcy Code Sections 105, 361, 362, 364(c)(1), 364(c)(2), 364(c)(3), 364(d)(1), And 364(e) and (B) to Utilize Cash Collateral Pursuant to Bankruptcy Code Section 363, (II) Granting Adequate Protection to Prepetition Secured Parties Pursuant to Bankruptcy Code Sections 361, 362, 363 and 364 and (III) Scheduling Final Hearing Pursuant to Bankruptcy Rules 4001(b) and (c) filed by Jay M. Goffman on behalf of SunEdison, Inc. with hearing to be held on 4/22/2016 at 11:00 AM at Courtroom 723 (SMB) Responses due by 4/22/2016,. (Goffman, Jay)

SunEdison, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 21, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 16-10992. The bankruptcy case is currently assigned to United States Bankruptcy Judge Stuart Bernstein. The law firm of Skadden, Arps, Slate, Meagher & Flom LLP is acting as lead bankruptcy counsel to SunEdison, Inc. in the bankruptcy case.


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