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

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

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:

First Day Motions

First Day Orders

Dates

April
5

Omnibus Hearing Date

10:00 AM (ET)
May
3

Omnibus Hearing Date

10:00 AM (ET)
June
5

Omnibus Hearing Date

11:00 AM (ET)
January
26
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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.

Lowenstein Sandler LLP

65 Livingston Avenue
Roseland, NJ   07068
https://www.lowenstein.com
Phone: 973.597.2374
Fax: 973.597.2375
Sharon L. Levine, 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
Thomas M. Horan, Esq.
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