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Revstone Industries, Inc.

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Case overview

Case Number:

1:12-bk-13262

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. July 17, 2013

    Revstone's $54M Nondebtor Unit Sale Won't Involve Court

    For the second time, a Delaware bankruptcy judge on Wednesday refused to put his stamp on a plan for Revstone Industries LLC to sell two of its nondebtor assets for $54 million, but this time the sale will go forward without court approval.

  2. June 26, 2013

    Revstone's $54M Sale Of Nondebtor Units In Limbo

    A Delaware bankruptcy judge refused Wednesday to give his blessing to a proposed $54 million sale of two of Revstone Industries LLC's nondebtor affiliates, forcing attorneys for the auto parts conglomerate back to the negotiating table to somehow save the transaction.

  3. June 21, 2013

    Committee Wants Revstone Units In Ch. 11 Before Sale

    The creditors' committee in the Revstone Industries LLC Chapter 11 case balked Friday at the company's plan to sell two nondebtor affiliates for at least $54 million, arguing the units should also be in bankruptcy before they hit the auction block.

  4. June 12, 2013

    US Trustee Says Revstone Can't Keep Creditor Deal Secret

    The U.S. Trustee's Office on Tuesday blasted a request by bankrupt auto parts conglomerate Revstone Industries LLC to file under seal an entire settlement document containing an agreement with the official committee of unsecured creditors, arguing the company needs to specify which portions require secrecy.

  5. May 30, 2013

    Bankrupt Revstone Gets Green Light For Aluminum Biz Sale

    A Delaware bankruptcy judge gave the go-ahead Thursday for Revstone Industries LLC to sell the assets of its aluminum forging affiliate to Angstrom Automotive for more than $4 million in a deal that resolved fears from two secured creditors over how that money would be dispersed.

  6. April 15, 2013

    Bankrupt Revstone Seeks To Sell Aluminum Forging Biz

    Bankrupt auto parts manufacturer Revstone Industries LLC asked a bankruptcy judge in Delaware on Friday to approve a plan to sell all the assets of its aluminum forging affiliate, despite having no lead or stalking horse bidders in place.

  7. April 01, 2013

    Revstone Seeks Extra Time To File Exclusive Ch. 11 Plan

    Revstone Industries LLC on Monday asked a Delaware bankruptcy judge to extend the exclusivity period for it to file a Chapter 11 plan, a move that would give the auto parts conglomerate continued control over its frequently contentious bankruptcy.

  8. March 20, 2013

    Bankrupt Revstone, Creditors Reach Truce In CRO Feud

    Revstone Industries LLC reached a temporary truce Wednesday with disgruntled creditors who want a Chapter 11 Trustee to take over the auto parts conglomerate's bankruptcy, resolving an objection to the company's choice for a chief restructuring officer.

  9. March 13, 2013

    Revstone Head Linked To Restructuring Officer Pick, GM Says

    General Motors LLC on Wednesday blasted a motion by bankrupt Revstone Industries LLC to employ a chief restructuring officer, claiming the proposed candidate's long history with the auto-parts conglomerate's embattled founder will prohibit him from acting independently.

  10. March 01, 2013

    PBGC To Bridge $46M Gap In Revstone Unit's Pension Plan

    The Pension Benefit Guaranty Corp. said Friday that it is stepping in to cover a $46 million hole in the pension plan of auto parts supplier Metavation LLC, a nondebtor affiliate of bankrupt Revstone Industries LLC.