Eastman Kodak Company and 15 associated debtorsFN1 (the “Debtors”) filed voluntary petitions under Chapter 11 of the Bankruptcy Code on January 19, 2012 in the Bankruptcy Court for the Southern District of New York (Case No. 12-10202). The Honorable Allan L. Gropper has been assigned to the case. This initial note provides the Debtors’ consolidated list of their 50 largest unsecured creditors.
Articles tagged with: unsecured creditors
Buffets Restaurants Holdings – 40 Largest Unsecured Creditors
Buffets, Inc. and 15 associated debtorsFN1 (the “Debtors”) filed voluntary petitions under Chapter 11 of the Bankruptcy Code on January 18, 2012 in the Bankruptcy Court for the District of Delaware (Case No. 12-10237). The Honorable Mary F. Walrath has been assigned to the case. This initial note provides the Debtors’ consolidated list of their 40 largest unsecured creditors.
Real Mex Restaurants, Inc. – 20 Largest Unsecured Creditors
Real Mex Restaurants, Inc. and 16 associated debtorsFN1 (the “Debtors”) filed voluntary petitions under Chapter 11 of the Bankruptcy Code on October 4, 2011 in the Bankruptcy Court for the District of Delaware (Case No. 11-13122). The Honorable Peter J. Walsh has been assigned to the case. This initial note provides the Debtors’ consolidated list of their 20 largest unsecured creditors.
Hudson Healthcare, Inc. Bankrutpcy: 20 Largest Unsecured Creditors
Hudson Healthcare, Inc. (the “Debtor” ) filed a voluntary petition under Chapter 11 of the Bankruptcy Code on August 1, 2011 in the Bankruptcy Court for the District of New Jersey (Case No. 11-10614). The Honorable Donald H. Steckroth has been assigned to the case. The Debtor estimates that it has between 1,000 and 5,000 creditors and liabilities between $10 and $50 million. This initial note provides the Debtor’s list of its 20 largest unsecured creditors.
Blockbuster Video Bankruptcy – 50 Largest Unsecured Creditors; Is Inclusion of the Movie Studios a Dream Sequence
Blockbuster, Inc. and 12 affiliates (the “Debtors”) filed for relief under Chapter 11 of the Bankruptcy Code on September 23, 2010 (Bankruptcy Court for the Southern District of New York, Manhattan Division, Case No. 10-14997). The Debtors have requested authority to file a consolidated list of the 50 largest unsecured creditors in lieu of a separate list for each of the Debtors. The consolidated list is set forth below.
Edscha North America Bankruptcy – Debtor Background, Creditor Picture, Top Unsecured Creditors
Edscha North America, Inc. d/b/a Edscha USA (“Edscha North America” or the “Debtor”) filed for bankruptcy on October 19, 2009 leaving Ford, General Motors, Nissan and Mercedes on its top 20 unsecured creditor list for accommodation payments made to keep the Debtor going. The OEM unsecured creditors’ and other unsecured creditors’ chances for any recovery of pre-petition claims appear to be slim.
The bankruptcy was filed in the Bankruptcy Court for the Bankruptcy Court for the Northern District of Illinois (case number is 09-39055) for relief under Chapter 11 of the US Bankruptcy Code.
True Temper Sports Bankruptcy – Vendor Trade Debt Picture and Largest Unsecured Creditors
True Temper Sports, Inc. (“True Temper Sports”) and its 2 affiliates who also filed bankruptcy on October 8, 2009 (the “Debtors”) have requested authority make substantial payments of pre-petition claims of suppliers and other vendors. The Debtors have also stated that under the proposed prepackaged plan of reorganization sufficient cash will be available to pay prepetition supplier and other vendor claims in full. This post discusses this treatment of trade debt and provides the names of the creditors and potential claim amounts on the Debtor’s consolidated list of the 30 largest unsecured creditors (the “Top Unsecured Creditor List”).
Questex Media Bankruptcy – Debt Picture and Largest Unsecured Creditors
Questex Media Group (“Questex Media”) and its 8 affiliates who also filed bankruptcy on October 5, 2009 (the “Debtors”) have requested authority to file a consolidated list of the 30 largest unsecured creditors (the “Top Unsecured Creditor List”) in lieu of a separate list for each of the Debtors. The total claims of the 30 top unsecured creditors is substantial, exceeding $66 million. However, the amount of vendor debt on the list appears only to be approximately $2 million. Although vendor debt was not a factor in the decision to file this bankruptcy, the suppliers and other vendors with pre-petition claims will suffer significant “collateral” damage.
Pittsburgh Tube – PTC Alliance Bankruptcy – Debt Picture and Largest Unsecured Creditors
PTC Alliance Corp. d/b/a Pittsburgh Tube Company (“Pittsburgh Tube”) and its 6 affiliates who also filed bankruptcy on October 1, 2009 (the “Debtors”) have filed a consolidated list of the 30 largest unsecured creditors (the “Top Unsecured Creditor List”). The total of claims of the 30 top unsecured creditors is substantial, exceeding $3.9 million. All of the top 30 unsecured creditors are listed as trade creditors. The vast majority of the top unsecured creditors are material providers and subcontractors.
With no essential supplier or other motion for payment of any pre-petition supplier claims, a first day motion to restrict exercise of reclamation and 503(b)(9) rights and a planned 363 sale to an insider, this is shaping up to be a bloody ugly bankruptcy from a supplier perspective.
Stone Connection Bankruptcy – Debtor Background, Creditor Picture, Top Unsecured Creditors
See the Stone Connection Docsheet™ Report for subsequent developments in the Stone Connection bankruptcy proceedings.
Stone Connection, Inc. (“Stone Connection” or the “Debtor”) filed a petition on September 28, 2009 in the Bankruptcy Court for the Northern District of Georgia (case number is 09-85337) for relief under Chapter 11 of Title 11 of the United States Code. The case has been assigned to Judge Joyce Bihary. The bankruptcy petition was signed by Barry W. Robinson as president of the Debtor. The Debtor’s bankruptcy counsel is G. Frank Nason, IV of the firm of Lamberth, Cifelli, Stokes Ellis & Nason in Atlanta, Georgia.