Case Background

On February 27, 2017, 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.

Notice from Lily Robitics, Inc. to Customers Seeking Refunds

We will try to refund all of our customers' pre-order payments during the bankruptcy.  However, we need Bankruptcy Court approval of a refund process to make those payments.  To begin the process, the Company filed a motion on March 13, 2017 asking the Bankruptcy Court to approve the refund process. Below is a summary of the proposed refund process.

Collection of Customer Data & Notice Campaign: If you are a customer that pre-ordered a Lily Camera and are awaiting a refund of your deposit, please go here to submit your current email and mailing address.  This will expedite the refund of your deposit once the Bankruptcy Court permits refunds. 

Refunds:  The Company and its payment processors will try to refund payments directly on your credit card. If the Company is not able to refund your credit card, we will issue refunds through other means, which may include Pay Pal or check.

Unrefunded Amounts:  If the Company is unable to refund a customer within a certain time frame, the Company will consider other solutions to ensure repayment. Further procedures will be detailed in a plan that the Company intends to seek approval of before September 2017.  However, if you provide us with your correct customer information now, this will likely not affect you.

Please note that the motion and the proposed procedures described above (and found in full here) have not yet been approved by the Bankruptcy Court and could change.  We will update this notice with any material changes to the proposed refund procedures.  

You may object to the Motion no later than March 27, 2017 at 4:00 P.M. (ET).  The Bankruptcy Court has scheduled a hearing on this motion on April 25, 2017 at 3:00 P.M. (ET).  The Company will update this website with additional information as it becomes available.

For more details about the case, please see the Company’s first day declaration here.

Important Information & Dates

Asset Sale

On March 13, 2017, the Debtor filed a motion to sell substantially all of their assets.  The Bankruptcy Court will hold a hearing to consider bidding procedures in connection with such sale on April 25, 2017.

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 will be 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

April
4

Omnibus Hearing

1:30 PM (ET)
April
6

Meeting of Creditors

12:30 PM (ET)
April
25

Sale Procedures Hearing

3:00 PM (ET)
February
27
______
March
27
11:00 AM (ET)

Final Hearing on First Day Motions

April
6
12:30 PM (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
Marcy J. McLaughlin

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 Lily Robotics, Inc. February 27, 2017