PARALLEL ENERGY LP Bankruptcy Filing
Case Number: 15-12263
PARALLEL ENERGY LP filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on November 09, 2015. This is a voluntary filing; it was assigned the bankruptcy case number #15-12263.
PARALLEL ENERGY LP Filing Information
The bankruptcy petition for PARALLEL ENERGY LP showed assets in the range of $100MM - $500MM with liabilities in the range of $100MM - $500MM. PARALLEL ENERGY LP reports that the number of creditors is in the range of 1,000-5,000.
The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
PARALLEL ENERGY LP indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.
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PARALLEL ENERGY LP Docket Header
PlnDue, DsclsDue, MEGA |
District of Delaware (Delaware)
Bankruptcy Petition #: 15-12263-KG
Assigned to: Kevin Gross Chapter 11 Voluntary Asset |
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| Debtor Parallel Energy LP 1323 East 71st Street Suite 200 Tulsa, OK 74136 TULSA-OK Tax ID / EIN: 99-0369322 fka Parallel Energy Acquisitions LP |
rep. by |
GianClaudio Finizio
Bayard, P.A. 222 Delaware Avenue Suite 900 Wilmington, DE 19801 (302) 655-5000 Fax : 302-658-6395 Email: gfinizio @ bayardlaw.com Neil B. Glassman Bayard, P.A. 222 Delaware Avenue Ste 900 Wilmington, DE 19801 usa 302 655-5000 Fax : 302-658-6395 Email: bankserve @ bayardlaw.com Evan T. Miller Bayard, P.A. 222 Delaware Avenue Suite 900 Wilmington, DE 19801 302-429-4227 Fax : 302-658-6395 Email: emiller @ bayardlaw.com |
| U.S. Trustee United States Trustee 844 King Street, Room 2207 Lockbox #35 Wilmington, DE 19899-0035 302-573-6491 |
rep. by | Linda J. Casey
Office of United States Trustee 844 King Street Suite 2207 Wilmington, DE 19801 302-573-6491 Fax : 302-573-6497 Email: Linda.Casey @ usdoj.gov |