Delaware Bankruptcy Court cuts off electricity providers’ access to Section 503(b)(9) of the Bankruptcy Code

 

The Bankruptcy Court for the District of Delaware recently ruled in In re NE OPCO, INC., 2013 Bankr. LEXIS 4569 (Bankr. D. Del. Nov. 1, 2013), that electricity is not a “good” for purposes of 11 U.S.C. § 503(b)(9).

Filed under:
USA, Delaware, Energy & Natural Resources, Insolvency & Restructuring, Litigation, McGuireWoods LLP, Debtor, Electricity, United States bankruptcy court
Authors:
Douglas M. Foley , J. Robertson Clarke
Location:
USA
Firm:
McGuireWoods LLP