Goldens’ Foundry & Machine Company (“Goldens’ Foundry” or the “Debtor”) filed a petition on October 2, 3009 in the Bankruptcy Court for the Bankruptcy Court for the Middle District of Georgia (case number 09-41222) for relief under Chapter 11 of Title 11 of the United States Code. Goldens’ Foundry’s primary business is the manufacture of gray and ductile iron castings for the transportation, construction, agriculture and energy markets. This post discusses the information provided in the initial filings, gives a preliminary assessment of the direction of the case from a supplier standpoint and provides the list of the top unsecured creditors.
Goldens Foundry Bankruptcy
Discussion of supplier and other unsecured trade creditor aspects of the Goldens Foundry bankruptcy, potential 363 sale and liquidation