Jack Cooper Ventures, Inc.

Case No. 19-62393


Case Background

On August 6, 2019, Jack Cooper Ventures, Inc. and certain of its subsidiaries and affiliates (collectively, the “Company” or “Jack Cooper”) filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Georgia (the “Court”).  The cases are pending before the Honorable Paul W. Bonapfel, and the cases are jointly administered under Case No. 19-62393.

The Company filed the proceedings to implement a comprehensive restructuring to help ensure financial viability and future success. The restructuring would reduce Jack Cooper’s debt by more than $300 million and preserve jobs for nearly 2,000 union workers.

The Company’s largest lenders have agreed to cancel their debt as part of a transaction to purchase all or substantially all of the Company’s assets. The purchase will be subject to a court-approved competitive bidding process. The transaction will result in a significantly deleveraged company with new shareholders, who have committed to invest new capital in the restructured Company that will enable it to execute on its business plan.

During the restructuring process, Jack Cooper expects to continue operating its business as usual – with uninterrupted customer service – and will work closely with its stakeholders to help ensure that ongoing obligations are met and services are uninterrupted.

For additional information: 

Click here to view the Company’s filing press release.

Click here to view Frequently Asked Questions.

The Company’s supplier hotline is (844) 234-1463 (toll-free) and (917) 994-8409 (toll). Supplier questions can also be submitted by email to jackcooperinfo@primeclerk.com.

Important Information & Dates

Hearing on First Day Motions

A hearing on the Debtors' First Day Motions was held on August 8, 2019, at 1:30 p.m. (ET) before the Honorable Paul W. Bonapfel, United States Bankruptcy Court for the Northern District of Georgia (Atlanta), Courtroom 1401, U.S. Courthouse, 75 Ted Turner Drive, SW Atlanta, Georgia 30303.

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

First Day Motions

First Day Orders

Deadline to File Claims

The Bankruptcy Court has set the following deadlines for filing proofs of claim against the Debtors:

  • Claims Bar Date: November 15, 2019, at 5:00 p.m. (prevailing Eastern time)
  • Governmental Bar Date: March 11, 2020, at 5:00 p.m. (prevailing Eastern time)

Parties

Debtors' Counsel

  • King & Spalding LLP

    1180 Peachtree Street NE
    Atlanta, GA   30309
    https://www.kslaw.com/
    Phone: 404.572.4600

    Sarah R. Borders
    Leia Clement Shermohammed
    Britney Baker

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP

    1285 Avenue of the Americas
    New York, NY   10019
    https://www.paulweiss.com/
    Phone: 212.373.3000
    Fax: 212.757.3990

    Kelley A. Cornish
    Brian S. Hermann

Debtors' Restructuring Advisors

United States Trustee and Court Information

Debtors

Case Number Debtor Name Petition Date
Case Number 19-62393 Debtor Name Jack Cooper Ventures, Inc. Petition Date August 06, 2019
Case Number 19-62407 Debtor Name Jack Cooper Diversified, LLC Petition Date August 06, 2019
Case Number 19-62409 Debtor Name Jack Cooper Enterprises, Inc. Petition Date August 06, 2019
Case Number 19-62410 Debtor Name Jack Cooper Holdings Corp. Petition Date August 06, 2019
Case Number 19-62416 Debtor Name Jack Cooper Transport Company, Inc. Petition Date August 06, 2019
Case Number 19-62398 Debtor Name Auto Handling Corporation Petition Date August 06, 2019
Case Number 19-62400 Debtor Name CTEMS, LLC Petition Date August 06, 2019
Case Number 19-62412 Debtor Name Jack Cooper Logistics, LLC Petition Date August 06, 2019
Case Number 19-62396 Debtor Name Auto & Boat Relocation Services LLC Petition Date August 06, 2019
Case Number 19-62399 Debtor Name Axis Logistic Services, Inc. Petition Date August 06, 2019
Case Number 19-62406 Debtor Name Jack Cooper CT Services, Inc. Petition Date August 06, 2019
Case Number 19-62413 Debtor Name Jack Cooper Rail and Shuttle, Inc. Petition Date August 06, 2019
Case Number 19-62411 Debtor Name Jack Cooper Investments, Inc. Petition Date August 06, 2019
Case Number 19-62417 Debtor Name North American Auto Transportation Corp. Petition Date August 06, 2019
Case Number 19-62415 Debtor Name Jack Cooper Transport Canada, Inc. Petition Date August 06, 2019
Case Number 19-62404 Debtor Name Jack Cooper Canada GP 1 Inc. Petition Date August 06, 2019
Case Number 19-62405 Debtor Name Jack Cooper Canada GP 2 Inc. Petition Date August 06, 2019
Case Number 19-62402 Debtor Name Jack Cooper Canada 1 Limited Partnership Petition Date August 06, 2019
Case Number 19-62403 Debtor Name Jack Cooper Canada 2 Limited Partnership Petition Date August 06, 2019