On November 13, 2015, an objection to the motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Taylor-Wharton International LLC (2015) and its affiliates.
The filing was assigned docket number 227 and is described on the court’s official docket as follows:
Objection to Debtors Motion Pursuant to 11 U.S.C. §§ 105(a), 363(b)(1) and 503(c)(3) For An Order Authorizing the Debtors to Implement (I) a Non-Insider Key Employee Retention Plan and (II) a Insider Key Employee Retention Program (related document(s)) Filed by The Official Committee of Unsecured Creditors (Klein, Julia)
Taylor-Wharton International LLC (2015) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 7, 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 15-12075. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Reed Smith LLP is acting as lead bankruptcy counsel to Taylor-Wharton International LLC (2015) in the bankruptcy case.