The Budd Company, Inc.  Bankruptcy New Filing Alert: Application For Authority To Retain Professionals

On June 29, 2015, a application for authority to retain professionals was filed in the bankruptcy case of The Budd Company, Inc.  and its affiliates.

The filing was assigned docket number 936 and is described on the court’s official docket as follows:

Notice of Motion and Motion to Approve Agreement with Willow Tree Consulting to Provide the Services of Carl S. Lane as Chief Restructuring Officer Filed by Jeremy T Stillings on behalf of The Budd Company, Inc.. Hearing scheduled for 7/7/2015 at 01:30 PM at 219 South Dearborn, Courtroom 682, Chicago, Illinois 60604. (Attachments: # (1) Exhibit A – Willow Tree Agreement # (2) Exhibit B – Bastien Declaration # (3) Exhibit C – Lane Declaration # (4) Proposed Order) (Stillings, Jeremy)

The Budd Company, Inc.  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 31, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of Illinois . The case number for the lead bankruptcy case is 14-11873. The bankruptcy case is currently assigned to United States Bankruptcy Judge Jack Schmetterer. The law firm of Proskauer Rose LLP is acting as lead bankruptcy counsel to The Budd Company, Inc.  in the bankruptcy case.


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