Case Background

On November 1, 2016, DirectBuy Holdings, Inc. and seven affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.  The cases are pending before the Honorable Christopher S. Sontchi and are jointly administered under Case No. 16-12435.

Important Information & Dates

First Day Motions and Orders

A hearing on the Debtors' First Day Motions was held on November 3, 2016 at 12:30 PM (ET) before the Honorable Christopher S. Sontchi, United States Bankruptcy Court for the District of Delaware, 824 North Market Street, 5th Floor, Courtroom No. 6, Wilmington, DE 19801.

Please click below to view and download the Debtors' First Day Motions and Orders:

First Day Motions

First Day Orders

341 Meeting of Creditors

The 341 Meeting of Creditors was orginally held on December 12, 2016 at 3:00 p.m. (ET). A continuation of the meeting was held on January 12, 2017 at 3:30 p.m. (ET). 

Please click below to view and download the Debtors' Notice of Commencement:

Notice of Commencement

Sale of Company Assets

On November 1, 2016, the Debtors filed a motion to sell substantially all of their assets. On December 1, 2016, the Bankruptcy Court entered an order approving bidding and auction procedures in connection with such sale. The Auction, if required, was held on January 13, 2017. The Bankruptcy Court held a hearing to consider approval of the sale on January 24, 2017.

Please click below to view and download documents related to the Debtors' Sale:

Bidding Procedures



Petition Date


General Bar Date Deadlin...

5:00 P.M. (EST)

Governmental Bar Date De...

5:00 P.M. (ET)


Debtors' Counsel

Cole Schotz P.C.

500 Delaware Avenue, Suite 1410
Wilmington, DE   19801
Phone: 302.652.3131
Fax: 302.652.3117
Marion M. Quirk, Esq.
Nicholas J. Brannick, Esq.

Cole Schotz P.C.

25 Main Street
Hackensack, NJ   07602-0800
Phone: 201.489.3000
Fax: 201.489.1536
Michael D. Sirota, Esq.
Ilana Volkov, Esq.
Felice R. Yudkin, Esq.

Counsel to Creditors' Committee

Saul Ewing LLP

1201 N. Market Street, Suite 2300
P.O. Box 1266
Wilmington, DE   19899
Phone: 302.421.6840
Fax: 302.421.5873
Lucian B. Murley, Esq.
Monique B. Disabatino, Esq.
Aaron S. Applebaum, Esq.

Saul Ewing LLP

One Riverfront Plaza
1037 Raymond Blvd, Suite 1520
Newark, NJ   07102-5426
Phone: 973.286.6713
Fax: 973.286.6821
Sharon L. Levine, Esq.
Dipesh Patel, Esq.

United States Trustee and Court Information

Office of the United States Trustee

844 King Street, Suite 2207
Lockbox 35
Wilmington, DE   19801
Phone: 302.573.6491
Fax: 302.573.6497
Juliet M. Sarkessian, Esq.

United States Bankruptcy Court

824 Market Street North, 3rd Floor
Wilmington, DE   19801
Phone: 302.252.2900


Case Number
Debtor Name
Petition Date
16-12435 DB Holdings Liquidation, Inc. November 01, 2016
16-12436 Consumer Liquidation, Inc. (f/k/a United Consumers Club, Incorporated) November 01, 2016
16-12437 DB Liquidation, Inc. (f/k/a DirectBuy, Inc.) November 01, 2016
16-12438 BF Liquidation, Inc.(f/k/a Beta Finance Company, Inc.) November 01, 2016
16-12439 UDB Liquidation, Inc. (f/k/a UCC Distribution, Inc.) November 01, 2016
16-12440 Trading Liquidation, Inc. (f/k/a U.C.C. Trading Corporation) November 01, 2016
16-12441 NMC Liquidation, Inc. (f/k/a National Management Corporation) November 01, 2016
16-12442 Canada DB Liquidation, Inc. (f/k/a UCC of Canada, Inc.) November 01, 2016