May 26, 2017

GLAS Files Involuntary Chapter 11 Petition for PIK Lenders against Eco-Bat Technologies

NEW JERSEY — GLAS USA LLC

As administrative agent for PIK lenders, filed an involuntary chapter 11 petition on May 18, 2017 in the Bankruptcy Court for the District of Nevada against Dallas-based EB Holdings II, parent of Eco-Bat Technologies, asserting claims in the total amount of approximately €1.8 billion.

GLAS USA, is represented by Wilmer Cutler Pickering Hale and Dorr, and the petitioning lenders are represented by Kirkland & Ellis. The case number is 17-12642 (MKN).

For any questions please contact:
Michael Amato
1-212-808-3053
michael.amato@glas.agency

Connect with GLAS

GLAS

GLAS is a pioneer in the non-bank loan agency, structured finance & corporate trustee market place. As an independent and conflict free service provider, we are focused on providing streamlined solutions to complex transactions with the ability to work on deals which may be in distress, pre or post-restructuring or unusual in nature.