Case Background
On January 26, 2016, Verso Corporation and 26 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. The cases are pending before the Honorable Kevin Gross, and are jointly administered under Case No. 16-10163.
Important Information & Dates
Disclosure Statement and Plan:
On March 26, 2016, the Debtors filed their Chatper 11 Plan of Reorganization and the Disclosure Statement related thereto. On May 13, 2016, the Bankruptcy Court entered a corrected order approving the Disclosure Statement [Docket No. 883]. On June 23, 2016, the Bankruptcy Court entered an order confirming the Plan. On July 15, 2016, the Effective Date of the Plan occurred, and the Plan was consummated.
Claim Filing Deadline:
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 29, 2016 at 5:00 p.m., prevailing Eastern Time.
- Governmental Unit Bar Date: July 25, 2016 at 5:00 p.m., prevailing Eastern Time.
- 503(b)(9) Bar Date: March 28, 2016 at 5:00 p.m., prevailing Eastern Time
First Day Motions and Orders:
A hearing on the Debtors' First Day Motions was held on January 26, 2016 at 10:00 a.m. (ET) before the Honorable Kevin Gross, United States Bankruptcy Court for the District of Delaware, 824 Market Street North, 3rd Floor, Wilmington, DE 19801.
A final hearing on certain of the First Day Motions was held on February 25, 2016 at 10:00 a.m. (ET).
Please click below to view and download the Debtors' First Day Motions and Orders:
Dates
Notice of Agenda of Matters Scheduled for Telephonic Hearing on May 6, 2016 at 9:30 A.M. (ET)
Parties
Debtors' Counsel
O'Melveny & Myers LLP
Times Square Tower
7 Times Square
New York,
NY
10036
http://www.omm.com/
Phone: 212.326.2000
Fax: 212.326.2061
George A. Davis, Esq.
Peter Friedman, Esq.
Andrew M. Parlen, Esq.
Diana M. Perez, Esq.
Richards, Layton & Finger, P.A.
One Rodney Square
920 North King Street
Wilmington,
DE
19801
http://www.rlf.com/
Phone: 302.651.7700
Fax: 302.651.7701
Mark D. Collins, Esq.
Michael J. Merchant, Esq.
Debtors' Restructuring Advisors
Alvarez & Marsal, LLC
600 Madison Ave
New York,
NY
10022
http://www.alvarezandmarsal.com/
Phone: 212.759.4433
Fax: 212.759.5532
Dennis Stogsdill
Official Committee of Unsecured Creditors
Lowenstein Sandler LLP
1251 Avenue of the Americas
New York,
NY
10020
https://www.lowenstein.com
Phone: 212.262.6700
Fax: 212.262.7402
Kenneth A. Rosen, Esq.
Paul Kizel, Esq.
Womble Carlyle Sandridge & Rice, LLP
222 Delaware Avenue
Suite 1501
Wilmington,
DE
19801
http://www.wcsr.com
Phone: 302.252.4320
Fax: 302.252.4330
Ericka F. Johnson, Esq.
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
Jane Leamy
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
Debtors
Case Number |
Debtor Name |
Petition Date |
|---|---|---|
| 16-10163 | Verso Corporation | January 26, 2016 |
| 16-10164 | Verso Paper Finance Holdings LLC | January 26, 2016 |
| 16-10165 | NewPage Energy Services LLC | January 26, 2016 |
| 16-10166 | Verso Paper Finance Holdings One LLC | January 26, 2016 |
| 16-10167 | Upland Resources, Inc. | January 26, 2016 |
| 16-10168 | Verso Paper Holdings LLC | January 26, 2016 |
| 16-10169 | NewPage Investment Company LLC | January 26, 2016 |
| 16-10170 | Bucksport Leasing LLC | January 26, 2016 |
| 16-10171 | Verso Paper Inc. | January 26, 2016 |
| 16-10172 | NewPage Holdings Inc. | January 26, 2016 |
| 16-10173 | Verso Paper LLC | January 26, 2016 |
| 16-10174 | NewPage Wisconsin System Inc. | January 26, 2016 |
| 16-10175 | nexTier Solutions Corporation | January 26, 2016 |
| 16-10176 | Verso Quinnesec LLC | January 26, 2016 |
| 16-10177 | Rumford Paper Company | January 26, 2016 |
| 16-10179 | NewPage Consolidated Papers Inc. | January 26, 2016 |
| 16-10178 | Verso Quinnesec REP Holding Inc. | January 26, 2016 |
| 16-10180 | Verso Androscoggin LLC | January 26, 2016 |
| 16-10181 | Verso Sartell LLC | January 26, 2016 |
| 16-10182 | Chillicothe Paper Inc. | January 26, 2016 |
| 16-10183 | Verso Fiber Farm LLC | January 26, 2016 |
| 16-10184 | Wickliffe Paper Company LLC | January 26, 2016 |
| 16-10185 | Escanaba Paper Company | January 26, 2016 |
| 16-10186 | Verso Maine Energy LLC | January 26, 2016 |
| 16-10187 | Verso Paper Finance Holdings Inc. | January 26, 2016 |
| 16-10188 | Luke Paper Company | January 26, 2016 |
| 16-10189 | NewPage Corporation | January 26, 2016 |