On December 17, 2015, an order regarding the disclosure statement with respect to a plan of reorganization or liquidation was filed in the bankruptcy case of The Budd Company, Inc. and its affiliates.
The filing was assigned docket number 1293 and is described on the court’s official docket as follows:
Order Scheduling (RE:  Disclosure Statement,  Order (Generic)). Debtor’s Motion to Approve the Disclosure Statement for First Amended Plan (docket No. 1229) is denied. Hearing scheduled for 12/18/2015 at 01:30 PM at 219 South Dearborn, Courtroom 682, Chicago, Illinois 60604. Signed on 12/17/2015 (Roman, Felipe)
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.