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TPOP, LLC

  1. January 30, 2015

    Bankrupt Revstone Unit Stuck With $13M GM Claim

    A Delaware bankruptcy judge found a unit of auto parts manufacturer Revstone Industries LLC liable to General Motors LLC on Friday for breaching the terms of a financing package but declined to order the $13.3 million loan balance turned over.

  2. May 13, 2014

    Metavation Slams GM's Pursuit Of $10M Post-Asset Sale

    A unit of bankrupt Revstone Industries LLC fought back against a $10 million collection attempt by General Motors LLC, saying it doesn't owe the automaker anything after selling its assets, according to court papers filed Friday in Delaware bankruptcy court.

  3. September 16, 2013

    Revstone Creditor Loses Bid To Convert Cases To Ch. 7

    A Delaware bankruptcy judge on Monday denied a request by Boston Finance Group LLC to convert the cases of two subsidiaries of debtor   Revstone Industries LLC from Chapter 11 to Chapter 7 proceedings, ruling that conversion would soak up so much time and money that stakeholders' potential recoveries could be put at risk.

  4. September 03, 2013

    Revstone Creditors Want Pachulski Stang Off Unit's Case

    The creditors committee and a major creditor in the Revstone Industries LLC Chapter 11 case Friday challenged the hiring of Pachulski Stang Ziehl & Jones LLP as counsel to a bankrupt Revstone subsidiary, arguing that the law firm wasn't properly retained under the company's corporate rules.

  5. August 30, 2013

    Bankrupt Auto Parts Maker Gets Green Light for $25M Deal

    A Delaware bankruptcy judge on Friday signed off on the proposed $25 million sale of auto parts manufacturer Metavation LLC to industry rival Dayco Products LLC, a deal backed by automakers who rely on the Revstone Industries LLC unit for specialized component parts.

  6. August 19, 2013

    Revstone Rips Creditors' Ch. 11 Plan Over PBGC Claim

    Bankrupt Revstone Industries LLC fired a shot Sunday at a Chapter 11 plan filed by the creditors committee, arguing that it is unconfirmable because it, among other things, does not fully address more than $67 million in claims from The Pension Benefit Guaranty Corp.

  7. August 07, 2013

    Timeline Stretched For Revstone Unit's Ch. 11 Sale

    A Delaware bankruptcy judge said he would give the go-ahead Wednesday to the procedures for a $25 million stalking horse sale by Revstone Industries LLC's bankrupt affiliate Metavation LLC, but not on as tight a timetable as the company would have liked.

  8. August 02, 2013

    US Trustee Slams Metavation's Plans For Quick Ch. 11 Sale

    The U.S. Trustee's Office on Friday blasted the strategy by Revstone Industries LLC's bankrupt affiliate Metavation LLC to turnaround a quick $25 million stalking horse sale, arguing the timetable leaves no room for anyone else, even potential bidders, to participate in the process.

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