Tag Archives: MPM
Momentive Completes Balance Sheet, Emerges from Chapter 11

Waterford, N.Y.-based silicone manufacturer Momentive Performance Materials Inc. (MPM) announced that it has emerged from Chapter 11 and completed its restructuring plan. According to court documents, the U.S. Bankruptcy Court for the Southern District of New York entered an order … Continue reading
Court Grants MPM Authorization for Full Amount in DIP Financing
Last month, Momentive Performance Materials Inc. reached an agreement with certain key stakeholders on the terms of a balance sheet restructuring plan. To implement the plan, MPM filed to reorganize under Chapter 11 of the U.S. Bankruptcy code. On May … Continue reading
MPM Silicones Files for Chapter 11

MPM Silicones filed for Chapter 11 bankruptcy on April 13, 2014 in the U.S. Bankruptcy Court in the Southern District of New York. The company has quite a pedigree of ownership according to court documents. “MPM Silicones is a wholly-owned … Continue reading