On February 19, 2019, Aceto Corporation and 8 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 New Jersey. The cases are pending before the Honorable Vincent F. Papalia, and are jointly administered under Case No. 19-13448.
Important Information & Dates
Plan and Disclosure Statement
On June 17, 2019, the Debtors filed their Plan of Liquidation and the Disclosure Statement related thereto. The Bankruptcy Court held a hearing to consider approval of the Disclosure Statement on July 25, 2019 at 11:00 a.m., Courtroom #3B, U.S. Bankruptcy Court, 50 Walnut Street, Newark, NJ 07102. Please click below to view and download the Plan & Disclosure Statement:
On March 8, 2019, the Debtors filed a motion to sell substantially all of their assets comprising the Debtors' Pharma business. On March 19, 2019, the Bankruptcy Court entered an order approving bidding and auction procedures in connection with such sale. The Bankruptcy Court held a hearing to consider approval of the sale on April 9, 2019.
On February 22, 2019, the Debtors filed a motion to sell substantially all of their assets comprising the Debtors' Chemical Plus business. On March 15, 2019, the Bankruptcy Court entered an order approving bidding and auction procedures in connection with such sale. The Bankruptcy Court held a hearing to consider approval of the sale on April 16, 2019.
First Day Motions and Orders
A hearing on the Debtors' First Day Motions was held on February 21, 2019 at 10:00 a.m. (ET) before the Honorable Vincent F. Papalia, United States Bankruptcy Court for the District of New Jersey, Courtroom #3A (Judge Stecey L. Meisel's Courtroom), Martin Luther King, Jr. Federal Building, 50 Walnut Street, Third Floor, Newark, NJ 07102. A final hearing on certain of the First Day Motions was held on March 15, 2019 at 10:00 a.m. (ET). Please click below to view and download the First Day Motions and the First Day Orders:
Governmental Bar Date
First Day Hearing
Final Hearing on Certain First Day Motions
Pharma Sale Hearing
Meeting of Creditors
Chemical Plus Sale Hearing
General Bar Date
Disclosure Statement Hearing
Governmental Bar Date
Lowenstein Sandler LLP
One Lowenstein Drive
Roseland, NJ 07068
Kenneth A. Rosen, Esq.
Michael S. Etkin, Esq.
Paul Kizel, Esq.
Jeffrey Cohen, Esq.
Philip J. Gross, Esq.
Official Committee of Unsecured Creditors
Porzio, Bromberg & Newman, P.C.
100 Southgate Parkway
P.O. Box 1997
Morristown, NJ 07962
Warren J. Martin, Jr., Esq.
Robert M. Schechter, Esq.
Rachel A. Parisi, Esq.
Stroock & Stroock & Lavan LLP
180 Maiden Lane
New York, NY 10038-4982
Erez E. Gilad, Esq.
Jayme T. Goldstein, Esq.
Joanne Lau, Esq.
Gabriel Sasson, Esq.
United States Trustee and Court Information
United States Bankruptcy Court - District of New Jersey
Martin Luther King, Jr. Federal Building
50 Walnut Street, 3rd Floor
Newark, NJ 07172
Honorable Vincent F. Papalia
Office of the US Trustee
One Newark Center, Suite 2100
1085 Raymond Boulevard
Newark, NJ 07102
Mitchell B. Hausman, Esq.
|19-13448||Aceto Corporation||February 19, 2019|
|19-13449||Tri Harbor Chemical Holdings LLC||February 19, 2019|
|19-13447||Kavod Pharmaceuticals LLC||February 19, 2019|
|19-13453||KAVACK Pharmaceuticals LLC||February 19, 2019|
|19-13451||Kavod Health LLC||February 19, 2019|
|19-13452||Kavris Health, LLC||February 19, 2019|
|19-13454||Arsynco, Inc.||February 19, 2019|
|19-13450||Tri Harbor Realty LLC||February 19, 2019|
|19-13455||Acci Realty Corp.||February 19, 2019|