Vertellus Specialties, Inc., a global manufacturer of fine and specialty chemicals, and ten affiliates have filed chapter 11 petitions before the United States Bankruptcy Court for the District of Delaware (Lead Case No. 16-11290).  The filings do not include the debtors’ affiliates in Belgium, the United Kingdom, India or China or Vertellus Performance Chemicals, based in Elma, Washington.  The company will seek authority to obtain $110 million in debtor-in-possession financing and to sell substantially all of their assets, with their pre-petition lenders serving as stalking horse bidders. The petitions for each debtor are provided through the links below.  The debtors’ first day declaration and the docket are available through Kurtzman Carson Consultants.  The debtors have issues a press release regarding their reorganization.

Debtor                                                                                     Case No.

Vertellus Specialties Holding Corp.                                      16-11289

Vertellus Specialties Inc.                                                        16-11290

Vertellus Agriculture & Nutrition Specialties LLC                 16-11291

Tibbs Avenue Company                                                         16-11292

Vertellus Specialties PA LLC                                                  16-11293

Vertellus Health & Specialty Products LLC                           16-11294

Vertellus Specialties MI LLC                                                  16-11295

Vertellus Performance Materials Inc.                                    16-11296

Rutherford Chemicals LLC                                                     16-11297

Solar Aluminum Technology Services (d/b/a S.A.L.T.S.)      16-11298

MRM Toluic Company, Inc.                                                    16-11299

Each debtor has filed its own list of top creditors

Contact Norman L. Pernick, Nicholas J. Brannick, or David W. Giattino for more information.