On July 1, 2011 and July 6, 2011, George L. Miller, Chapter 7 Trustee in the Proliance International, Inc. Bankruptcy, commenced Chapter 5 preferential transfer recovery litigation with the filing of 34 complaints in the District of Delaware.
Proliance International has filed a consolidated list of the 30 largest unsecured creditors for itself and its affiliated Debtors (the “Top Unsecured Creditor List”) in lieu of a separate list for each of the Debtors. Claims for creditors on the Top Unsecured Creditors List total almost $45 million. The amounts owed to each of the unsecured suppliers are all listed as trade debt. Likely because the Debtors provide aftermarket components, we only see one familiar name – Alcoa Mill Products is listed with a claim of $1,845,151. There ia also one huge claim of approximately $17 million of Enterex Industrial Co. Ltd., which claim is tagged as “disputed.”
Proliance International, Inc. and 3 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 . Debtors are manufacturers and distributors of aftermarket heat exchange and temperature control products for automotive and heavy-duty applications. The Debtors are seeking to administratively consolidate their chapter 11 cases under the case number Case No. 09-12278. The following are the names and case numbers of the Debtors.