Case Background

On April 16, 2015, Adinath Corp. and Simply Fashion Stores, Ltd. (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 Southern District of Florida.  The cases are pending before the Honorable Laurel M. Isicoff, and are jointly administered under Case No.15-16885.

Important Information & Dates

Plan and Disclosure Statement

On April 8, 2016, the Debtors filed their Chapter 11 Plan of Reorganization and the Disclosure Statement related thereto.  On June 28, 2016, the Bankruptcy Court entered an order approving the Disclosure Statement.  Please click below to view and download all documents related to the Plan and Disclosure Statement:

Plan & Disclosure Statement 

Asset Sale

On April 17, 2015, the Debtors filed a motion (the "Sale Procedures Motion") for an Order: seeking, (i) authority to sell all or substantially all of their assets free and clear of all liens, claims, and encumbrances (the “Sale”), (ii) approval of certain procedures for the solicitation of bids and the conduct of an auction with respect to the Sale (the “Bidding Procedures”) and (iii) scheduling of a hearing with the Court for approval of the Sale (the “Sale Hearing”).

On May 6, 2015, the Bankruptcy Court entered an Order (docket no. 195) approving the Sale Procedures Motion.

Please click below to view and download documents related to the Debtors' asset sale:

Sale Documents

Bar Date For Filing Proofs of Claim

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): August 25, 2015
  • Governmental Unit Bar Date: October 13, 2015
  • Administrative Bar Date: October 13, 2015

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

 

Dates

August
25

General Bar Date

5:00 PM
May
9

Disclosure Statement Hea...

10:00 AM (ET)
July
13

Effective Date

________
April
16
____________
April
17
2:00 PM
April
20
3:00 PM

Second Day Hearing

Parties

Debtors' Counsel

Berger Singerman LLP

1450 Brickell Avenue
Ste. 1900
Miami, FL   33131
http://www.bergersingerman.com/
Phone: 305.755.9500
Fax: 305.714-4340
Paul Steven Singerman
Christopher A. Jarvinen

Debtors' Restructuring Advisors

KapilaMukamal, LLP

1000 South Federal Highway
Suite 200
Fort Lauderdale, FL   33316
http://www.kapilaco.com/
Phone: 954.761.1011
Fax: 954.761.1033
Soneet Kapila

United States Trustee and Court Information

United States Trustee Southern District of Florida

Steven D. Schneiderman, Esq., Trial Attorney
51 SW First Avenue, Room 1204
Miami, FL   33130
http://www.usdoj.gov/ust/r21/index.htm
Phone: 305.536.7285
Fax: 305.536.7360


Official Committee of Unsecured Creditors

Gray Robinson, P.A.

333 S.E. 2nd Avenue, Suite 3200
Miami, FL   33131
http://gray-robinson.com
Phone: 305.416.6880
Robert A. Schatzman
Steven J. Solomon

Cooley, LLP

The Grace Building
1114 Avenue of the Americas
New York, NY   10036-7798
http://www.cooley.com
Jay Indyke
212.479.6000

Debtors

Case Number
Debtor Name
Petition Date
15-16885 Adinath Corp. April 16, 2015
15-16888 Simply Fashion Stores, Ltd. April 16, 2015