Case Background

On February 27, 2017, Drone, LC, Inc. (f/k/a Lily Robotics, Inc.) (the "Debtor") 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 case is pending before the Honorable Kevin J. Carey.

Important Information & Dates

Plan & Disclosure Statement

On July 11, 2017, the Debtor filed their Plan of Liquidation and the Disclosure Statement related thereto.  On August 1, 2017, the Bankruptcy Court entered an order approving the Disclosure Statement.  On September 19, 2017, the Bankruptcy Court entered an order confirming the Plan.  On September 29, 2017, the Effective Date of the Plan occurred, and the Plan was consummated.    

Claim Filing Deadline

Bar Date for Filing Proofs of Claim

The Bankruptcy Court has established the following deadlines for filing proofs of claim against the Debtor:

  • General Bar Date (all creditors other than Governmental Units): June 26, 2017 at 4:00 PM (ET)
  • Customer Claim Bar Date: July 10, 2017 at 4:00 PM (ET)
  • Governmental Claim Bar Date: August 28, 2017 at 4:00 PM (ET)

Click on "Submit a Claim" above for more information regarding filing a claim against the Debtor.

Asset Sale

On March 13, 2017, the Debtor filed a motion to sell substantially all of their assets.  On April 28, 2017, the Bankruptcy Court entered an order approving bidding and auction procedures in connection with such sale.  On June 20, 2017, the Bankruptcy Court entered an order authorizing the sale. 

Hearing on First Day Motions

A hearing on the Debtor's First Day Motions was held on February 28 at 11:30 a.m. (ET) before the Honorable Kevin J. Carey, United States Bankruptcy Court for the District of Delaware, 824 North Market Street, 5th Floor, Courtroom No. 5, Wilmington, Delaware 19801.  A final hearing on certain of the First Day Motions was held on March 27, 2017 at 11:00 a.m. (ET). Please click below to view and download the First Day Motions and First Day Orders:

First Day Motions

First Day Orders

Dates

September
29

Effective Date

___________
October
31

Omnibus Hearing

1:00 PM (ET)
November
28

Omnibus Hearing

11:00 AM (ET)
February
27
______
March
27
11:00 AM (ET)

Final Hearing on First Day Motions

April
6
12:30 PM (ET)
September
19
10:00 AM (ET)

Parties

Debtor's Counsel

Morris Nichols Arsht & Tunnell LLP

1201 North Market Street, 16th Floor
P.O. Box 1347
Wilmington, DE   19899-1347
http://www.mnat.com/
Phone: 302.658.9200
Fax: 302.658.3989
Robert J. Dehney
Andrew R. Remming

Orrick Herrington & Sutcliffe LLP

51 West 52nd Street
New York, NY   10019
https://www.orrick.com/
Phone: 212.506.5000
Laura Metzger
Jennifer Asher

Orrick Herrington & Sutcliffe LLP

Columbia Center
1152 15th Street, N.W.
Washington, D.C.   20005-1706
https://www.orrick.com/
Phone: 202.339.8400
Fax: 202.339.8500
Douglas S. Mintz

United States Trustee and Court Information

Office of the United States Trustee

844 King Street, Suite 2207
Wilmington, DE   19801
http://www.justice.gov/ust/r03/wilmington/index.htm
Phone: 302.573.6491
Fax: 302.573.6497
Mark Kenney

United States Bankruptcy Court

District of Delaware
824 Market Street North, 3rd Floor
Wilmington, DE   19801
http://www.deb.uscourts.gov
Phone: 302.252.2900


Debtor

Case Number
Debtor Name
Petition Date
17-10426 Drone LC, Inc. (fka Lily Robotics, Inc.) February 27, 2017