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:

January 16, 2014
Revstone Unit Sale To Proceed Despite Suitor's Challenge

A Delaware bankruptcy judge on Thursday denied a request by Angstrom Automotive Group LLC to halt Revstone Industries LLC's sale of a nondebtor unit, agreeing with part of the debtor's argument that the bankruptcy court did not have jurisdiction in the matter.
January 15, 2014
Revstone Slams Suitor's Bid To Block Nondebtor Unit Sale

Revstone Industries LLC pushed back in Delaware bankruptcy court Wednesday against Angstrom Automotive Group LLC's request to halt the sale of a nondebtor unit, arguing that the firm was not shut out of the sale process and that the court has no jurisdiction over the matter anyway.
January 09, 2014
Suitor Says It Was Shut Out Of Auction For Revstone Unit

Angstrom Automotive Group LLC lodged an adversary action late Wednesday in Revstone Industries LLC's bankruptcy, claiming it was interested in buying one of the company's nondebtor affiliates, but that the debtor didn't allow it to participate in the auction process.
December 11, 2013
Trustee Bid In Revstone Ch. 11 Delayed To Allow PBGC Talks

A Delaware bankruptcy judge agreed Wednesday to delay considering whether to appoint a trustee in the contentious Revstone Industries LLC Chapter 11 case after hearing the debtor was negotiating with the Pension Benefit Guaranty Corp. to address its $67 million in claims and with others to forge a global settlement.
December 06, 2013
Revstone Says Creditors' Bid For Trustee Is 'Cynical Play'

Revstone Industries LLC has pushed back against a bid by the official committee of unsecured creditors to have a Chapter 11 trustee appointed for its year-old Delaware bankruptcy case, arguing Wednesday that the body has played a large role in the very acrimony that purportedly requires an overseer.
November 21, 2013
Revstone Creditors Say Ch. 11 Acrimony Warrants Trustee

The official committee of unsecured creditors in the contentious Revstone Industries LLC bankruptcy requested Wednesday that a Chapter 11 trustee be appointed to oversee the case, citing nearly a year of unrelenting acrimony that has bogged down the proceedings since shortly after the auto parts conglomerate sought court protection.
October 22, 2013
Creditor Probe Of Revstone Unit OK'd By Judge

A Delaware bankruptcy judge reconsidered his earlier denial of a request by a former employee of a Revstone Industries LLC unit to launch an investigation of the estate, ruling Tuesday the probe can indeed go forward, but on a limited basis.
October 16, 2013
Revstone Unit OK'd To Probe Creditor In Bankruptcy Battle

A unit of bankrupt auto parts conglomerate Revstone Industries LLC on Wednesday got the go ahead to launch a limited investigation into a creditor's dealings with a nondebtor affiliate, as a Delaware bankruptcy judge worried the contentious case could become "smoking rubble."
October 09, 2013
Revstone Rips Womble Fee Request In Fight With Creditors

Continuing its battle with creditors, Revstone Industries LLC on Tuesday urged a Delaware bankruptcy judge to reject Womble Carlyle Sandridge & Rice LLC's latest bill, saying the firm isn't entitled to payments for work on the bankruptcy proceedings of the auto parts conglomerate's affiliates and subsidiaries.
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.