Morris Nichols Bankruptcy Alert - OSG Group Holdings, Inc. and Certain of Its Affiliates File Chapter 11 Bankruptcy Cases in Delaware
On August 6, 2022, OSG Group Holdings, 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. – 22-10718 (JTD)
Debtor – OSG Group Holdings, Inc.; OSG Intermediate Holdings, Inc.; OSG Holdings, Inc.; Output Services Group, Inc.; Globalex Corporation; SouthData, Inc.; DoublePositive Marketing Group, Inc.; National Business Systems, Inc.; NCP Solutions, LLC; The Garfield Group, Inc.; Mansell Group Holding Company; Diamond Marketing Solutions Group, Inc.; Applied Information Group, Inc.; Microdynamics Corporation; Mansell Group, Inc.; National Data Services of Chicago, Inc.; Microdynamics Group Nebraska, Inc.; Microdynamics Transactional Mail, LLC; JJT Enterprises, Inc. d/b/a Optimal Outsource; Words, Data and Images, LLC d/b/a Gabriel Group
Description of Debtors – Billing and marketing solutions
Website of Debtors (URL) – osgconnect.com/
Assigned Judge – The Honorable John T. Dorsey
Proposed Counsel – The Debtors' proposed bankruptcy counsel are Ropes & Gray LLP and Bayard, P.A.
Proposed Investment Banker – Evercore Group L.L.C.
Plan Status – Prepackaged plan filed with petitions
First Day Hearing – A first day hearing took place on August 9, 2022, at 10:00 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 Bankruptcy & Restructuring Group if we can be of assistance.