Morris Nichols Bankruptcy Alert - Northwest Hardwoods, Inc. and Certain of Its Affiliates File Chapter 11 Bankruptcy Cases in Delaware
On November 23, 2020, Northwest Hardwoods, Inc. and certain of its affiliates filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. As a courtesy to our clients and friends, the Morris Nichols Business Reorganization & Restructuring Group has summarized information related to the filings below.
Lead Case No. – 20-13005
Debtors – Hardwoods Holdings, Inc., Hardwoods Intermediate Holdings II, Inc., and Northwest Hardwoods, Inc.
Description of Debtors – Sawmills and Wood Preservation
Website of Debtors (URL) – www.northwesthardwoods.com
Assigned Judge – The Honorable Christopher S. Sontchi
Proposed Counsel – The Debtors' proposed bankruptcy co-counsel are Young Conaway Stargatt & Taylor, LLP and Gibson, Dunn & Crutcher LLP.
Proposed Financial Advisor – Huron Consulting Services LLC
Plan Status – Plan filed with petitions
First Day Hearing – A first day hearing has been scheduled for November 24, 2020 at 11:00 a.m.
Bankruptcy Documents –
- Lead Case Petition
- First Day Affidavit / Declaration
- First Day Hearing Agenda
- Disclosure Statement
Please do not hesitate to contact any member of the Morris Nichols Business Reorganization & Restructuring Group if we can be of assistance.