See the Stant Corporation Docsheet™ Report for subsequent selected docket entries in the Stant Corporation bankruptcy proceedings.
Stant Corporation and 5 affiliated entities (”Debtors”) filed a petitions in Bankruptcy Court for the District of Delaware for relief under chapter 11 of title 11 of the United States Code. The Debtors are leading developer and manufacturer of automotive fuel systems, fuel caps, radiator caps and thermostats. The Debtors products are sold in the U.S. and Canada through wholesale automotive parts distribution outlets and to automotive OEMs.
The bankruptcy looks like a classic 363 sale/stalking horse bidder transaction that will result in the clear split of supplier “haves” and supplier “have nots.” A critical vendor motion and attached sample trade agreement show that even for the supplier “haves” there are going to be some tough decisions.
The US bankruptcy proceedings are being consolidated for administrative purposes only under Stant Parent Corp. case number 12647. The following are the names and case numbers of the US bankruptcy petitions.
Debtor Name | Case No. |
Stant Parent Corp. | 09-12647 |
Stant Holding Corp. | 09-12648 |
Stant Corporation | 09-12649 |
Stant Manufacturing, Inc. | 09-12650 |
Standard-Thomson Corporation | 09-12651 |
Thomson International Corporation | 09-12652 |
No foreign or other non-debtor affiliates have been identified in the filings.