On October 12, 2014, ALCO Stores, Inc. and ALCO Holdings, LLC (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 Northern District of Texas (Dallas Division). The cases are pending before the Honorable Stacey G. Jernigan and are jointly administered under Case No. 14-34941.
Important Information & Dates
Plan and Disclosure Statement
On February 18, 2015, the Debtors filed their Plan of Liquidation and the Disclosure Statement related thereto. On April 14, 2015, the Bankruptcy Court entered an order approving the Disclosure Statement. On June 3, 2015 the Bankruptcy Court entered an order confirming the Plan. The effective date of the Plan occurred on July 22, 2015.
Bar Date for Filing Proofs of Claim
The Bankruptcy Court has set the following deadlines for filing proofs of claim against the Debtors:
- General Bar Date (all creditors other than Governmental Units): January 16, 2015
- Governmental Unit Bar Date: April 10, 2015
- Administrative Claims Bar Date: August 21, 2015
Click on "Submit a Claim" above to download a proof of claim form and for more information regarding filing a claim against the Debtors.
On October 14, 2014, the Debtors filed a motion to sell substantially all of their assets. On October 30, 2014, the Bankruptcy Court entered an order approving bidding and auction procedures in connection with such sale. On November 20, 2014, the Bankruptcy Court entered an order authorizing the sale of substantially all of the Debtors' assets pursuant to liquidation and store-closing sales.
On November 25, 2014, the Debtors filed a motion to sell their owned real property and lease designation rights. On December 3, 2014, the Bankruptcy Court entered an order approving bidding and auction procedures in connection with such sale. On December 23, 2014, the Bankruptcy Court entered several orders approving various asset sales.
Click on the link below for all documents related to the Debtors' asset sales:
First Day Hearing
Bidding Procedures Hearing
Final Hearing on First Day Motions
Section 341 Meeting of Creditors
Real Property & Designation Rights Auction
Real Property & Designation Rights Sale Hearing
Bar Date - General Creditors
Disclosure Statement Hearing
Bar Date - Governmental Units
Effective Date of the Plan
Administrative Claims Bar Date
Saccullo Business Consulting, LLC
27 Crimson King Drive
Bear, Delaware 19701
Counsel to Creditors' Committee
The Grace Building
1114 Avenue of the Americas
New York, NY 10036-7798
Jeffrey Cohen, Esq.
Jay Indyke, Esq.
Law Offices of Judith W. Ross
700 N. Pearl Street, Suite 1610
Dallas, TX 75201
Judith W. Ross, Esq.
Neil J. Orleans, Esq.
Eric Soderlund, Esq.
United States Trustee and Court Information
Office of the United States Trustee
Earle Cabell Federal Bldg
1100 Commerce St Room 976
Dallas, TX 75242
Lisa L. Lambert, Esq.
United States Bankruptcy Court
Northern District of Texas
Earle Cabell Federal Building
1100 Commerce Street Room 1254
Dallas, TX 75242
Judge Stacey G. Jernigan
|14-34941||ALCO Stores, Inc.||October 12, 2014|
|14-34942||ALCO Holdings, LLC||October 12, 2014|