Case Background

On October 30, 2017, M & G USA Corporation and 10 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.  On October 24, 2017, M & G Polymers USA, LLC filed its Chapter 11 case in the same court.  The cases are pending before the Honorable Brendan L. Shannon and are jointly administered under Case No. 17-12307.

Important Information & Dates

First Day Hearing

A hearing on the Debtors' First Day Motions was held on November 1, 2017 at 12:30 p.m. (ET) before the Honorable Brendan L. Shannon, United States Bankruptcy Court for the District of District of Delaware, 824 Market Street, 6th Floor, Courtroom #1, Wilmington, Delaware.

A final hearing on certain of the First Day Motions was held on January 18, 2018 at 10:00 a.m. (ET).

The Section 341(a) Meeting of Creditors was held on January 26, 2018 at 1:00 p.m. (ET).

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

General Bar Date (all creditors other than Governmental Units): April 5, 2018 at 5:00 p.m. (Prevailing Eastern Time)

Governmental Unit Bar Date: April 30, 2018 at 5:00 p.m. (Prevailing Eastern Time)

Click on "Submit a Claim" above to download a proof of claim form and for more information regarding filing a claim against the Debtors.

Sale of M&G USA Corporation Debtors' Assets

On November 11, 2017, the Debtors filed a motion to sell substantially all of their assets. On December 14, 2017, the Bankruptcy Court entered an order approving bidding and auction procedures in connection with such sale.

For more information on this sale, please visit the following links:

Sale Related Documents

Sale Notice

Excluding Apple Grove Assets

The Auction, if required, for all other assets (excluding the Apple Grove Assets) was held on March 8, 2018. The Bankruptcy Court will hold a hearing to consider approval of the sale on March 14, 2018.

Apple Grove Assets

The Auction for the Apple Grove Assets was held on January 29, 2018.  The Bankruptcy Court held a hearing to consider approval of the sale on February 1, 2018.

Dates

April
30

Governmental Claim Bar D...

5:00 p.m. (ET)
June
11

Adminstrative Claim Bar ...

5:00 p.m. (ET)
July
25

Hearing re Plan Exclusiv...

11:00 a.m. (ET)
October
30
_____
January
18
10:00 a.m. (ET)

Final Hearing on Certain First Day Motions

February
1
1:00 p.m. (ET)

Omnibus Hearing

Parties

Debtors' Counsel

Jones Day

250 Vesey Street
New York, NY   10281
http://www.jonesday.com
Phone: 212.326.3939
Fax: 212.755.7306
Scott J. Greenberg
Michael J. Cohen

Jones Day

901 Lakeside Avenue
Cleveland, OH   44114
http://www.jonesday.com
Phone: 216.586.7035
Fax: 216.579.0212
Carl E. Black

Pachulski Stang Ziehl & Jones LLP

919 N. Market Street, 17th Floor
P.O. Box 8705
Wilmington, DE   19899-8705
http://www.pszjlaw.com
Phone: 302.652.4100
Fax: 302.652.4400
Laura Davis Jones

United States Trustee and Court Information

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


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
Hannah Mufson McCollum

Debtors

Case Number
Debtor Name
Petition Date
17-12307 M & G USA Corporation October 30, 2017
17-12309 M & G Resins USA, LLC October 30, 2017
17-12268 M & G Polymers USA, LLC October 24, 2017
17-12310 M & G Finance Corporation October 30, 2017
17-12311 M&G Waters USA, LLC October 30, 2017
17-12315 Mossi & Ghisolfi International S.a.r.l. October 30, 2017
17-12316 M&G Chemicals S.A. October 30, 2017
17-12317 M&G Capital S.a.r.l. October 30, 2017
17-12308 M & G USA Holding, LLC October 30, 2017
17-12312 Chemtex International Inc. October 30, 2017
17-12313 Chemtex Far East, Ltd. October 30, 2017
17-12314 Indo American Investments, Inc. October 30, 2017