MPM Silicones, LLC (d/b/a Momentive Performance Materials) Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Pay Claims Of Employees

On May 16, 2014, an order regarding the motion for authority to pay claims of employees 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 215 and is described on the court’s official docket as follows:

Final Order signed on 5/16/2014 (I) AUTHORIZING DEBTORS TO PAY (A) PREPETITION EMPLOYEE WAGES, SALARIES AND OTHER COMPENSATION,(B) PREPETITION EMPLOYEE BUSINESS EXPENSES AND (C) OTHER MISCELLANEOUS EMPLOYEE EXPENSES AND EMPLOYEE BENEFITS; AND (II) GRANTING RELATED RELIEF(Related Doc # [10]). (Andino, Eddie)

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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