On April 2, 2015, a motion/application for approval of a settlement pursuant to rule 9019 was filed in the bankruptcy case of Inverness Distribution Limited (f/k/a Morgan Creek International Limited) and its affiliates.
The filing was assigned docket number 312 and is described on the court’s official docket as follows:
Motion to Approve | MOTION OF DEBTOR PURSUANT TO SECTIONS 105(a), 305(a), 305(b) AND 1112(b) OF THE BANKRUPTCY CODE AND BANKRUPTCY RULE 9019(a) FOR ENTRY OF AN ORDER AUTHORIZING AND APPROVING (I) SETTLEMENTS WITH (A) THE MORGAN CREEK ENTITIES AND (B) THE LENDERS AND THE GUILDS, (II) DISTRIBUTIONS OF THE DEBTORS ASSETS TO CREDITORS, (III) CREATION OF A RESERVE, (IV) STRUCTURED DISMISSAL OF THE CHAPTER 11 CASE, (V) DISMISSAL OF THE CHAPTER 15 CASE, AND (VI) GRANTING RELATED RELIEF filed by Robin Elizabeth Keller on behalf of Inverness Distribution Limited with hearing to be held on 5/4/2015 (check with court for location) Responses due by 4/22/2015,. (Attachments: # (1) Exhibit A – Proposed Order # (2) Exhibit B – Thresh Declaration) (Keller, Robin)
Inverness Distribution Limited (f/k/a Morgan Creek International Limited) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on December 30, 2011. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 11-15939. The bankruptcy case is currently assigned to United States Bankruptcy Judge Shelley Chapman. The law firm of Hogan Lovells US LLP is acting as lead bankruptcy counsel to Inverness Distribution Limited (f/k/a Morgan Creek International Limited) in the bankruptcy case.