David Bennett, Demetra Liggins Mentioned in Law360 on Parallel Energy

“Bankrupt Parallel Gets OK For Bonus Plan, No New Sale Bids”

A Delaware bankruptcy judge gave natural gas producer Parallel Energy LP the go-ahead Tuesday on a bonus plan for top executives, contested by the federal bankruptcy watchdog, as the company announced it received no sale offers other than a $110 million stalking horse bid from a Scout Energy unit.

Parallel is represented by Neil B. Glassman, GianClaudio Finizio and Evan T. Miller of Bayard PA and David M. Bennett and Demetra L. Liggins of Thompson & Knight LLP.