DB Holdings Liquidation, Inc. (f/k/a DirectBuy Holdings, Inc.)

Case No. 16-12435


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


Dates

November 1 2016 Petition Date _________ Voluntary Peti... Add to Calendar
February 6 2017 General Bar Date Deadline 5:00 P.M. (EST) Order Pursuant... Add to Calendar
May 1 2017 Governmental Bar Date Deadline 5:00 P.M. (ET) Order Pursuant... Add to Calendar
+ SHOW ALL DATES
November 1 2016 __
November 3 2016 12:30 PM (ET)
November 28 2016 1:00 PM (ET)
December 7 2016 1:00 PM (ET)
December 12 2016 3:00 PM (ET)
December 12 2016 1:00 PM (ET)
January 12 2017 2:00 P.M.
January 12 2017 3:30 PM (ET)
January 24 2017 1:00 P.M. (ET)
January 31 2017 5:00 p.m. (EST)
February 6 2017 5:00 P.M. (EST)
February 8 2017 10:00 a.m. (EST)
February 13 2017 10:00 a.m. (EST)
February 28 2017 3:30 p.m. (ET)
March 2 2017 1:00 p.m. (ET)
March 3 2017 10:00 a.m. (ET)
March 14 2017 10:00 a.m.
April 5 2017 11:00 a.m. (ET)
May 1 2017 5:00 P.M. (ET)
May 8 2017 11:00 AM (ET)
May 8 2017 11:00 a.m. (ET)
May 17 2017 10:00 a.m.
June 27 2017 10:00 a.m. (ET)
July 18 2017 10:00 a.m. (ET)
July 25 2017 10:00 a.m. (ET)
September 8 2017 12:00 p.m. (ET)
September 8 2017 12:00 p.m. (ET)

Parties

Debtors' Counsel

  • Cole Schotz P.C.

    500 Delaware Avenue, Suite 1410
    Wilmington, DE   19801
    http://www.coleschotz.com/
    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
    http://www.coleschotz.com/
    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
    http://www.saul.com/
    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
    http://www.saul.com/
    Phone: 973.286.6713
    Fax: 973.286.6821

    Sharon L. Levine, Esq.
    Dipesh Patel, Esq.

United States Trustee and Court Information

Debtors

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