Upcoming Committee Formation Meeting: Monday, March 4, 2019

Case Name: 19-10289 (LSS)

Location: The Doubletree Hotel 700 King Street ,Salon C, Wilmington, DE 19801

Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.

Upcoming Committee Formation Meeting:Wednesday, February 27, 2019

Case Name: 19-10316 (LSS)

Location: Delaware State Bar Association 405 King Street, 2nd Floor Wilmington, DE 19801

Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.

Upcoming Committee Formation Meeting: Tuesday, February 26, 2019

Case Name: 19-10303 (KJC)

Location: Delaware State Bar Association 405 King Street, 2nd Floor Wilmington, DE 19801

Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.

Pernix Sleep, Inc., along with twelve affiliates and subsidiaries, has filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 19-10323).  Pernix, headquartered in Morristown, New Jersey, is a specialty pharmaceutical company which sells three core branded products through wholesalers to drug stores and pharmacies nationwide.  According to the First Day Declaration, Pernix has filed as a result of several adverse litigation outcomes, and in order to right-size its capital structure.  Pernix announced in a press release earlier today that it enters chapter 11 intending to sell substantially all of its assets, with affiliates of Highbridge Capital Management serving as the stalking horse bidder.  A bid procedures motion has not yet been filed.  Prime Clerk is the proposed claims and noticing agent.  The cases have been assigned to the Honorable Chief Judge Christopher S. Sontchi.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.

Beavex Holding Corporation, along with four subsidiaries and affiliates, has filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 19-10316).  Beavex, headquartered in Atlanta, Georgia, is a nationwide provider of time-critical transportation and logistics services.  According to the First Day Declaration, Beavex has filed as a result of costs overruns and limited ability to raise additional capital.  A press release issued by Beavex discloses that Beavex intends to sell substantially all of its assets, with certain affiliates of TFI International, Inc. serving as stalking horse.  The Bid Procedures Motion can be found hereStretto is the proposed claims and noticing agent.  The cases have been assigned to the Honorable Laurie Selber Silverstein.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.

GEEnergy Holding Co. LLC, along with its wholly owned operating subsidiary, BBPC LLC (dba Great Eastern Energy), has filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 19-10303).  Headquartered in Brooklyn, NY, Great Eastern Energy is a non-utility retailer of electricity and natural gas operating in New York, New Jersey, Massachusetts and Connecticut.  The First Day Declaration explains that the Debtors have filed for chapter 11 protection as a result of increased competition and declining margins, and intend to sell substantially all of their assets under section 363 of the Bankruptcy Code.  Omni Management Group is the proposed claims and noticing agent.  The cases have been assigned to the Honorable Kevin J. Carey.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.

Imerys Talc America, Inc., along with two affiliates and subsidiaries, has filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 19-10289).  The petition estimates the combined assets of the U.S. Debtors to be between $100–$500 million and their combined liabilities to be between $50–$100 million.  According to a press release issued this morning, the Debtors have filed for chapter 11 in order to allow the Debtors “time and protection to negotiate a global agreement with creditors, primarily representatives of current and future claimants in cosmetic talc-related litigation.”  The press release further explains that the Debtors intend to continue operating in the ordinary course of business during their chapter 11 cases and expect to emerge from chapter 11 in the first half of 2020.  First day motions have not yet been filed.  Prime Clerk is the proposed claims and noticing agent.  The cases have been assigned to the Honorable Laurie Selber Silverstein.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.

Upcoming Committee Formation Meeting: Tuesday, February 19, 2019

Case Name: 19-10248 (CSS)

Location: Delaware State Bar Association 405 King Street, 2nd Floor Wilmington, DE 19801

Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.

Upcoming Committee Formation Meeting: Tuesday, February 19, 2019

Case Name: 19-10165 (BLS)

Location: Office of the US Trustee 844 King Street, Room 3209 Wilmington, DE 19801

Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.

Upcoming Committee Formation Meeting: Friday, February 15, 2019

Case Name: 19-10234 (KG)

Location: Delaware State Bar Association 405 King Street, 2nd Floor Wilmington, DE 19801

Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.