Information on Corporate Bankruptcy Proceedings in Delaware and Throughout the United States
Introduction
On August 30, 2013, Longview Power, LLC, and various related entities (collectively, “Longview”), filed chapter 11 petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware. According to the Declaration of Longview’s CEO (the “Declaration” or “Decl.”), Longview was formed in 2003 for the purpose of building and operating a…
Introduction
On June 10, 2013, Exide Technologies (“Exide” or “Debtor”) filed a petition for bankruptcy under Chapter 11 of the United States Bankruptcy Code. Exide filed for bankruptcy in the United States Bankruptcy Court for the District of Delaware. With operations in over 80 countries, Exide describes itself as “a global leader in stored electrical…
Introduction
On April 24, 2013, Robert S. Bernstein, Plan Administrator for the Berkline/BenchCraft bankruptcy estates, began filing complaints with the Delaware Bankruptcy Court seeking to recover what he contends are preferential transfers. For those not familiar with preference actions, Bernstein contends that certain payments, or “transfers”, made to creditors in the months prior to the…
Introduction
On April 24, 2013, Synagro Technologies (“Synagro”) and various affiliates filed chapter 11 petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware. Synagro recycles biosolid and organic materials generated by municipal and industrial waste water treatment centers. The company describes its services to include “drying and pelletization, composting, incineration,…
Introduction
On Monday, April 22, 2013, Yarway Corporation filed a chapter 11 petition for bankruptcy in the United States Bankruptcy Court for the District of Delaware. According to papers filed by Yarway with the Bankruptcy Court, the company’s origins go back to 1908 when it started manufacturing pipe clamps, steam traps and valves. See Yarway’s…
Introduction
On Monday, April 15, 2013 (the “Petition Date”), The Scooter Store Holdings, Inc. (the “Scooter Store” or “Debtor”), and various related entities filed chapter 11 petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware. Based in New Braunfels, Texas, Scooter Store is one of the nation’s largest providers of…
Introduction
Earlier today, Rotech Healthcare (“Rotech”), filed chapter 11 petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware. According to a declaration filed by Rotech’s President and CEO (the “Declaration” or “Decl.”), Rotech describes itself as “one of the largest providers of home medical equipment and related products and…
Introduction
On March 24, 2013, NAMCO, LLC (“NAMCO”) filed a chapter 11 petition for bankruptcy in the United States Bankruptcy Court for the District of Delaware. Based in Manchester, Connecticut, NAMCO sales swimming pool accessories and equipment throughout the Northeast and Mid-Atlantic United States. See Declaration of Lee Diercks in Support of Chapter 11 Petition…
Background
On February 25, 2013 (the “Petition Date”), Ormet Corporation and various related entities filed chapter 11 petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware. As stated in the company’s Declaration in Support of First-Day Motions and Applications (the “Decl.”) at *4, Ormet began in 1956 as an aluminum…
Background
On January 11, 2013, Handy Hardware Wholesale, Inc. (“Handy” or the “Debtor”) filed a chapter 11 petition for bankruptcy in the United States Bankruptcy Court for the District of Delaware. As stated in Handy’s court filings, the company is a wholesale purchaser of hardware supplies which it in turn sells to its members at…
