Verso Corporation

Case No. 16-10163


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:

First Day Motions

First Day Orders


Dates

March 27 2018 Omnibus Hearing 2:00 PM (ET) Order Scheduli... Add to Calendar
+ SHOW ALL DATES
January 26 2016 __
January 27 2016 10:00 AM (ET)
February 25 2016 10:00 AM (ET)
March 7 2016 2:00 PM (ET)
March 21 2016 10:00 AM (ET)
March 28 2016 5:00 PM (ET)
April 19 2016 3:00 PM (ET)
April 20 2016 10:00 AM (ET)
April 29 2016 5:00 PM (ET)
May 6 2016 9:30 AM (ET)
May 9 2016 10:00 AM (ET)
May 25 2016 11:00 AM (ET)
June 20 2016 3:00 PM (ET)
June 23 2016 10:00 AM (ET)
July 15 2016 __
July 18 2016 10:00 AM (ET)
July 25 2016 5:00 PM (ET)
August 15 2016 __
August 17 2016 10:00 AM (ET)
September 28 2016 2:00 PM (ET)
October 20 2016 11:00 AM (ET)
November 17 2016 3:00 PM (ET)
December 12 2016 10:00 AM (ET)
January 9 2017 9:00 AM (ET)
February 6 2017 9:00 AM (ET)
March 6 2017 9:00 AM (ET)
April 5 2017 10:00 AM (ET)
May 3 2017 10:00 AM (ET)
June 5 2017 11:00 AM (ET)
July 17 2017 2:00 PM (ET)
August 16 2017 11:00 AM (ET)
September 15 2017 2:00 PM (ET)
October 30 2017 11:00 AM (ET)
November 17 2017 10:00 AM (ET)
December 14 2017 10:00 AM (ET)
January 18 2018 2:00 PM (ET)
February 26 2018 11:00 AM (ET)
March 27 2018 2:00 PM (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

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

Debtors

Case Number Debtor Name Petition Date
Case Number 16-10163 Debtor Name Verso Corporation Petition Date January 26, 2016
Case Number 16-10164 Debtor Name Verso Paper Finance Holdings LLC Petition Date January 26, 2016
Case Number 16-10165 Debtor Name NewPage Energy Services LLC Petition Date January 26, 2016
Case Number 16-10166 Debtor Name Verso Paper Finance Holdings One LLC Petition Date January 26, 2016
Case Number 16-10167 Debtor Name Upland Resources, Inc. Petition Date January 26, 2016
Case Number 16-10168 Debtor Name Verso Paper Holdings LLC Petition Date January 26, 2016
Case Number 16-10169 Debtor Name NewPage Investment Company LLC Petition Date January 26, 2016
Case Number 16-10170 Debtor Name Bucksport Leasing LLC Petition Date January 26, 2016
Case Number 16-10171 Debtor Name Verso Paper Inc. Petition Date January 26, 2016
Case Number 16-10172 Debtor Name NewPage Holdings Inc. Petition Date January 26, 2016
Case Number 16-10173 Debtor Name Verso Paper LLC Petition Date January 26, 2016
Case Number 16-10174 Debtor Name NewPage Wisconsin System Inc. Petition Date January 26, 2016
Case Number 16-10175 Debtor Name nexTier Solutions Corporation Petition Date January 26, 2016
Case Number 16-10176 Debtor Name Verso Quinnesec LLC Petition Date January 26, 2016
Case Number 16-10177 Debtor Name Rumford Paper Company Petition Date January 26, 2016
Case Number 16-10179 Debtor Name NewPage Consolidated Papers Inc. Petition Date January 26, 2016
Case Number 16-10178 Debtor Name Verso Quinnesec REP Holding Inc. Petition Date January 26, 2016
Case Number 16-10180 Debtor Name Verso Androscoggin LLC Petition Date January 26, 2016
Case Number 16-10181 Debtor Name Verso Sartell LLC Petition Date January 26, 2016
Case Number 16-10182 Debtor Name Chillicothe Paper Inc. Petition Date January 26, 2016
Case Number 16-10183 Debtor Name Verso Fiber Farm LLC Petition Date January 26, 2016
Case Number 16-10184 Debtor Name Wickliffe Paper Company LLC Petition Date January 26, 2016
Case Number 16-10185 Debtor Name Escanaba Paper Company Petition Date January 26, 2016
Case Number 16-10186 Debtor Name Verso Maine Energy LLC Petition Date January 26, 2016
Case Number 16-10187 Debtor Name Verso Paper Finance Holdings Inc. Petition Date January 26, 2016
Case Number 16-10188 Debtor Name Luke Paper Company Petition Date January 26, 2016
Case Number 16-10189 Debtor Name NewPage Corporation Petition Date January 26, 2016