Vatanbir

Main Menu

Header Banner
Transport lending
››Texas Energy Co. Brilliant Hits Ch. 7 With $ 60 Million Debt

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

By Linda Glidden
May 7, 2021
0
0
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

Related posts:

  1. Kellogg Class Action Proposed Settlement
  2. Debt relief, bad debts, bond buybacks and debt rescheduling
  3. Dan Bilzerian purchases $ 20 million in outstanding debt from Ignite International
  4. Santee Cooper finally paid off his debt … just not very well