Filing Alert: ORB Energy Co Chapter 11
ORB Energy Co Files Chapter 11 in Southern District of Texas
ORB Energy Co., a Van Vleck, TX-based developer of hydro-cooled data centers for AI and cryptocurrency mining, filed for Chapter 11 protection on Aug. 5 in the U.S. Bankruptcy Court for the Southern District of Texas.
The company reports $50 million to $100 million in assets and $10 million to $50 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-80363.
Key Parties
Counsel:
- Steven Shurn
- Hughes Watters Askanase LLP
- Email: sshurn@hwa.com
Signatories:
- Jamieson Zaniewski – President
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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