On November 17, 2017, Real Industry, Inc. and 8 affiliated debtors (the "Real Alloy Debtors"; collectively with Real Industry, Inc., 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. The case are pending before the Honorable Kevin J. Carey, and are jointly administered under case 17-12464.
Important Information & Dates
Real Industry, Inc. Plan and Disclosure Statement (Applies only to Debtor Real Industry, Inc.)
On March 1, 2018, Real Industry, Inc. filed a Plan of Reorganization and the Disclosure Statement related thereto. On March 29, 2018, the Bankruptcy Court entered an order approving the Disclosure Statement. On May 2, 2018, the Bankruptcy Court entered an order confirming the Plan. On May 9, 2018, the Effective Date of the Plan occurred, and the Plan was consummated.
Please click below to view and download the Debtors' Plan and Disclosure Statement:
Sale of the Real Alloy Debtors’ Assets and Assumption of Certain Vendor Claims asserted against the Real Alloy Debtors (Applies to All Debtors other than Real Industry, Inc.)
On November 28, 2017, the Real Alloy Debtors filed a motion to, among other things, establish bidding procedures relating to the sale of the Real Alloy Debtors’ assets (the “Bidding Procedures Motion”), and on December 19, 2017, an order was entered approving the Bidding Procedures Motion.
The Bankruptcy Court approved the Sale of the Assets on March 29, 2018.
As outlined in the asset purchase agreement, the purchaser of the Real Alloy Debtors’ assets has agreed to assume certain trade vendor claims. The Real Alloy Debtors have sent individualized communications to those eligible trade vendors whose claims are eligible for assumption. Those individualized communications outline the various assumption options under the asset purchase agreement and must be returned by April 30, 2018.
Please click below to view and download documents related to the Sale:
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): February 21, 2018 at 5:00 p.m. (Prevailing Eastern Time)
Governmental Unit Bar Date: May 18, 2018 at 5:00 p.m. (Prevailing Eastern Time)
Real Industry Plan Effec...
First Day Hearing
Meeting of Creditors
Final Hearing on Certain First Day Motions
General Claim Bar Date
Disclosure Statement Hearing
Real Industry Plan Effective Date
Governmental Claim Bar Date
Morrison & Foerster LLP
250 West 55th Street
New York, NY 10019-9601
Gary S. Lee
Mark Alexander Lightner
Saul Ewing Arnstein & Lehr LLP - Wilmington
1201 North Market Street
Wilmington, DE 19899-1266
Monique Bair DiSabatino
Saul Ewing Arnstein & Lehr LLP - Newark
One Riverfront Plaza
1037 Raymond Blvd., Suite 1520
Newark, NJ 07102-5426
Sharon L. Levine
United States Trustee and Court Information
Office of the United States Trustee
844 King Street
Wilmington, DE 19801
Juliet M. Sarkessian, Esq.
United States Bankruptcy Court
District of Delaware
824 Market Street North, 3rd Floor
Wilmington, DE 19801
|17-12464||Real Industry, Inc.||November 17, 2017|
|17-12465||Old RAIH, LLC (f/k/a Real Alloy Intermediate Holding, LLC)||November 17, 2017|
|17-12466||Old RAHI, Inc. (f/k/a Real Alloy Holding, Inc.)||November 17, 2017|
|17-12467||Old RAR, Inc. (f/k/a Real Alloy Recycling, Inc.)||November 17, 2017|
|17-12468||Old RABR, LLC (f/k/a Real Alloy Bens Run, LLC)||November 17, 2017|
|17-12469||Old RASP, Inc. (f/k/a Real Alloy Specialty Products, Inc.)||November 17, 2017|
|17-12470||Old RAS, Inc. (f/k/a Real Alloy Specification, Inc.)||November 17, 2017|
|17-12471||Old ES, LLC (f/k/a ETS Schaefer, LLC)||November 17, 2017|
|17-12472||Old RAMH, LLC (f/k/a RA Mexico Holding, LLC)||November 17, 2017|