GLAS News

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

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