September 26, 2023
Unsecured creditors in fuel pump company Stanadyne's Chapter 11 case received approval from a Delaware bankruptcy judge Tuesday to solicit votes on a plan for liquidation, helping the group move toward its goal of a "prompt exit" from bankruptcy.
September 11, 2023
The committee of unsecured creditors in the Chapter 11 case of fuel pump company Stanadyne LLC filed a Chapter 11 plan and disclosure statement, without the debtor's backing, and has asked a Delaware bankruptcy judge to approve the adequacy of the disclosures and set a confirmation hearing date so the proceedings can wind down quickly.
February 22, 2023
A Delaware bankruptcy judge gave fuel pump maker Stanadyne LLC permission to use cash collateral in its Chapter 11 case after the company's primary lender called the bankruptcy filing a "value-destructive" move that caught the lender by surprise.
February 16, 2023
North Carolina-based fuel pump maker Stanadyne LLC filed for Chapter 11 protection in Delaware bankruptcy court Thursday with more than $300 million in debt.