Texas Energy Co. Brilliant Hits Ch. 7 With $ 60 Million Debt

By Rick Archer (Mar 17, 2021, 8:01 p.m. EDT) – Another Texas electricity company has filed for bankruptcy after last month’s winter storm that freeze its unpaid bills from $ 15 million to $ 60 million.

Brilliant Energy LLC, a Houston-based power retailer, filed for Chapter 7 bankruptcy protection Tuesday as it became the newest company in its industry to be tumbled to the ground by rising electricity bills after the February state grid freeze was near collapse.

At a virtual hearing before U.S. bankruptcy judge David Jones on Wednesday, brilliant lawyer Matthew Okin said …

Stay ahead of the curve

In the legal profession, information is the key to success. You need to know what is happening to customers, competitors, practice areas and industries. Law360 offers the intelligence you need to stay an expert and beat the competition.

Access case data within articles (numbers, filings, courts, type of lawsuit, and more.)
Access to attached documents such as Briefs, petitions, complaints, decisions, motions, etc.
Create custom notifications for specific article and case topics and much more!

TRY THE LAW360 FOR FREE SEVEN DAYS