Case Background

On December 1, 2019 Anna Holdings, Inc. and 19 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. 19-12551.

Key Deadlines:

• Voting Deadline (Class 3): November 29, 2019, at 11:59 p.m., prevailing Eastern Time
• Voting Deadline (Class 4): December 9, 2019, at 11:59 p.m., prevailing Eastern Time
• Deadline to Object to the Plan and Disclosure Statement: December 12, 2019 at 5:00 p.m. (prevailing Eastern time), or such other date as the Court may direct

Important Information & Dates

A hearing on the Debtors' First Day Motions was held on December 3, 2019 at 1:00 p.m. (ET) before the Honorable Christopher S. Sontchi, United States Bankruptcy Court for the District of Delaware, 824 Market Street, 5th Floor, Courtroom No. 6, Wilmington, Delaware 19801.  A final hearing on certain of the First Day Motions will be held on January 7, 2020 at 1:00 p.m. (ET). Please click below to view and download the First Day Motions and the First Day Orders:

First Day Motions

First Day Orders

On November 8, 2019, Anna Holdings, Inc. and certain of its affiliates (collectively, the "Debtors") commenced a solicitation of votes on the Debtors’ Joint Prepackaged Chapter 11 Plan of Reorganization (as may be amended, modified, or supplemented from time to time and including all exhibits or supplements thereto, the "Plan"), attached as Exhibit A to the Disclosure Statement for the Debtors’ Joint Prepackaged Chapter 11 Plan of Reorganization, dated November 8, 2019 (as may be amended, modified, or supplemented from time to time and including all exhibits or supplements thereto, the "Disclosure Statement"), from Holders of First Lien Claims and Holders of Senior Notes Claims (as defined in the Plan).  Anna Holdings, Inc. is the parent company of Acosta, Inc.

The Debtors, the Ad Hoc Group, and the Minority First Lien Group (as defined in the Plan) have agreed to the modification of certain terms of the Plan, which resulted in changes to the Definitive Documents, including an amended Plan (the "Amended Plan") and amended Disclosure Statement (the "Amended Disclosure Statement"), each available under the Solicitation Materials tab of this Case Website. A redline of the Plan and Disclosure Statement is also available on the Solicitation Materials tab.

Please note that, unless otherwise determined by the Debtors, all votes of Holders of Class 3-First Lien Claims and Class 4-Senior Notes Claims that were submitted before the transmission of the Amended Disclosure Statement will be disregarded for purposes of soliciting votes to accept or reject the Amended Plan and electing whether or not toreceive the Cash-Out Option. All Holders of Class 3-First Lien Claims and Class 4-Senior Notes Claims should submit the Ballot that accompanies the Amended Disclosure Statement to have their votes and elections counted in accordance with the Solicitation Procedures before the Class 3 Voting Deadline or the Class 4 Voting Deadline, as applicable.

The Court will be holding a combined hearing to consider the Disclosure Statement’s compliance with the Bankruptcy Code’s disclosure requirements, confirmation of the Plan, any objections to the foregoing, and any other matter that may properly come before the Bankruptcy Court (the "Combined Hearing"). The Combined Hearing is scheduled to be held before the Bankruptcy Court, 824 North Market Street, Wilmington, Delaware 19801, on December 16, 2019 at 1:00 p.m. (ET). The Combined Hearing may be rescheduled from time to time without further notice other than an announcement in open court or in the filing of a notice or a hearing agenda in the Chapter 11 Cases. Notice of such rescheduled date(s) will be made available on the Case Website.

Key Deadlines:

• Voting Deadline (Class 3): November 29, 2019, at 11:59 p.m., prevailing Eastern Time
• Voting Deadline (Class 4): December 9, 2019, at 11:59 p.m., prevailing Eastern Time
• Deadline to Object to the Plan and Disclosure Statement: December 12, 2019 at 5:00 p.m. (prevailing Eastern time), or such other date as the Court may direct