M & G USA Corporation

Case No. 17-12307


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

Plan & Disclosure Statement

On September 5, 2018, the Debtors filed their Chatper 11 Plan of Liquidation and the Disclosure Statement related thereto.  On November 6, 2018, the Bankruptcy Court entered an order approving the Disclosure Statement.  On December 17, 2018, the Bankruptcy Court entered an order confirming the Plan.  On December 31, 2018, the Effective Date of the Plan occurred, and the Plan was consummated.

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 held 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

December 31 2018 Effective Date ______ Notice of Effe... Add to Calendar
September 25 2019 Omnibus Hearing 10:00 a.m. (ET) Order Scheduli... Add to Calendar
October 24 2019 Omnibus Hearing 10:00 a.m. (ET) Order Scheduli... Add to Calendar
+ SHOW ALL DATES
October 30 2017 __
November 1 2017 12:30 p.m. (ET)
November 1 2017 12:30 p.m. (ET)
December 11 2017 11:30 a.m. (ET)
January 18 2018 10:00 a.m. (ET)
Final Hearing on Certain First Day Motions First Day Orders Add to Calendar
January 19 2018 10:00 a.m. (ET)
January 26 2018 1:00 p.m. (ET)
February 1 2018 1:00 p.m. (ET)
Omnibus Hearing Add to Calendar
April 5 2018 5:00 p.m. (ET)
April 25 2018 11:00 a.m. (ET)
April 30 2018 5:00 p.m. (ET)
May 17 2018 1:30 p.m. (ET)
June 11 2018 5:00 p.m. (ET)
July 18 2018 9:30 a.m. (ET)
July 19 2018 8:30 a.m. (ET)
July 25 2018 11:00 a.m. (ET)
July 25 2018 11:00 a.m. (ET)
September 13 2018 10:00 a.m. (ET)
October 10 2018 1:00 p.m. (ET)
November 5 2018 10:00 a.m. (ET)
November 7 2018 10:00 a.m. (ET)
November 27 2018 11:00 a.m. (ET)
December 17 2018 11:00 a.m. (ET)
December 31 2018 __
January 16 2019 10:00 a.m. (ET)
January 16 2019 4:00 p.m. (ET)
February 21 2019 11:00 a.m. (ET)
April 11 2019 10:00 a.m. (ET)
May 28 2019 10:00 a.m. (ET)
June 26 2019 11:00 a.m. (ET)
September 25 2019 10:00 a.m. (ET)
October 24 2019 10:00 a.m. (ET)
November 20 2019 11:00 a.m.
December 3 2019 10:00 a.m. (ET)

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   19801
    http://www.pszjlaw.com
    Phone: 302.652.4100
    Fax: 302.652.4400

    Laura Davis Jones

United States Trustee and Court Information

Debtors

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