MPM Silicones, LLC (d/b/a Momentive Performance Materials) Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Obtain Debtor-In-Possession Financing

On May 16, 2014, an order regarding the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of MPM Silicones, LLC (d/b/a Momentive Performance Materials) and its affiliates.

The filing was assigned docket number 212 and is described on the court’s official docket as follows:

Order Signed on 5/16/2014 Authorizing Debtors to Continue Honoring Prepetition Insurance Premium Finance Agreements (Related Doc # [95]) . (Li, Dorothy)

MPM Silicones, LLC (d/b/a Momentive Performance Materials) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 13, 2014. 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 14-22503. The bankruptcy case is currently assigned to United States Bankruptcy Judge Robert Drain. The law firm of Willkie, Farr & Gallagher LLP is acting as lead bankruptcy counsel to MPM Silicones, LLC (d/b/a Momentive Performance Materials) in the bankruptcy case.

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