Bankruptcy Preference Creditor's Digest » critical or essential supplier

Southwest Georgia Ethanol Bankruptcy – Background, Largest Trade Creditors

burbageweddell — Thu, 03 Feb 2011 02:53:49 +0000

Southwest Georgia Ethanol, LLC (the “Debtor” or “SWGE”) filed a Voluntary Petition under Chapter 11 of the Bankruptcy Code on February 1, 2011 in the »»

Circuit City Stores Bankruptcy Court – Transfer to Satisfy 503(b)(9) Claim Negates New Value

burbageweddell — Fri, 03 Dec 2010 04:56:42 +0000

Eastern District of Virginia Bankruptcy Judge Kevin R. Huennekens, in a December 1, 2010 opinion in Circuit City Stores, Inc. v. Mitsubishi Digital Electronics America, Inc. (AP »»

Oriental Trading Company, Inc. Bankruptcy – 30 Largest Unsecured Creditors, Trade Debt Picture

burbageweddell — Thu, 26 Aug 2010 03:03:15 +0000

For an estimated 2,200 vendors, holding approximately $30 million in outstanding pre-petition claims, the bankruptcy filing on August 25, 2010 (Delaware Bankruptcy Case No: 10-12636) of Oriental »»

Cooper-Standard Automotive Combo 503(b)(9) Claims, Essential Supplier and Foreign Vendor Motion

burbageweddell — Mon, 03 Aug 2009 18:55:05 +0000

Cooper-Standard Holdings Inc. and its affiliated debtors (“Cooper-Standard Automotive” or the “Debtors”) have combined into one motion a request to allow payment of 503(b)(9) administrative expense claims, »»

Stant Bankruptcy 363 Sale; Have and Have Not Suppliers

burbageweddell — Thu, 30 Jul 2009 16:48:23 +0000

The Stant bankruptcy is structured as a 363 Sale to an affiliate of an insider (i.e. a current equity holder). For suppliers this will be a case »»

Critical Vendor Motion in Arclin Bankruptcy Raises Questions for 503(b)(9) Claimants

burbageweddell — Tue, 28 Jul 2009 20:44:08 +0000

The first day motion of Arclin US Holdings Inc. and its 6 co-debtor affiliates (“Arclin”) to pay “critical vendors” illustrates how dramatically the “critical vendor” concept can »»

How Did Lear Decide Which Suppliers are its Critical Vendors

burbageweddell — Wed, 08 Jul 2009 06:55:57 +0000

Lear Corporation and co-debtor subsidiaries (“Lear”) have estimated that they collectively have 1,600 vendors with outstanding prepetition claims. Lear has identified 214 of these vendors as “critical »»

Visteon Bankruptcy – First Day Motions

burbageweddell — Thu, 28 May 2009 18:44:15 +0000

Visteon Corp. has filed 13 first day motions and the Affidavit of Willaim G. Quigley, III, Chief Financial Officer in Support. The motions include one critical vendor »»

Holley Performance Bankruptcy – Trade Debt Picture and Largest Unsecured Creditors

burbageweddell — Tue, 29 Sep 2009 15:17:30 +0000

Holley Performance Products Inc. (“Holley Performance”) and its 4 affiliates who also filed bankruptcy on September 28, 2009 (the “Debtors”) have requested authority to file a consolidated »»