On February 20, 2015, an order regarding the disclosure statement with respect to a plan of reorganization or liquidation was filed in the bankruptcy case of Allen Systems Group, Inc. (a/k/a ASG Software Solutions) and its affiliates.
The filing was assigned docket number 63 and is described on the court’s official docket as follows:
Order (I) Scheduling a Combined Disclosure Statement Approval and Plan Confirmation Hearing, (II) Establishing a Plan and Disclosure Statement Objection Deadline and Related Procedures, (III) Approving (A) the Solicitation Procedures, (B) the Confirmation Hearing Notice, (C) Vote Tabulation Procedures, and (D) Rights Offering Procedures, and (IV) Directing that a Meeting of Creditors Not Be Convened, and (V) Granting Related Relief. (related document(s)) Order Signed on 2/20/2015. (Attachments: # (1) Exhibit “1-4”) (LMD)
Allen Systems Group, Inc. (a/k/a ASG Software Solutions) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 18, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 15-10332. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Carey. The law firm of Pachulski Stang Ziehl & Jones LLP is acting as lead bankruptcy counsel to Allen Systems Group, Inc. (a/k/a ASG Software Solutions) in the bankruptcy case.