On December 16, 2015, an order regarding the disclosure statement with respect to a plan of reorganization or liquidation was filed in the bankruptcy case of Advance Watch Company Ltd. (a/k/a Geneva Watch Group) and its affiliates.
The filing was assigned docket number 206 and is described on the court’s official docket as follows:
Order, So-Ordered and Signed on 12/16/2015 Granting Debtors’ Motion For an Order (I) Approving Debtors’ Disclosure Statement, as Supplemented or Amended on a Preliminary Basis, (II) Approving Solicitation Procedures on a Final Basis; (III) Scheduling a Combined Hearing to Consider (A) Final Approval of the Disclosure Statement, and (B) Confirmation of the Joint Plan of Liquidation; and (IV) Establishing Notice and Objection Procedures to Disclosure Statement Approval and Plan Confirmation. (related document(s), , , , , , ) – with Combined hearing Scheduled to be held on 1/20/2016 at 11:00 AM at Courtroom 501 (MG) (Suarez, Aurea)
Advance Watch Company Ltd. (a/k/a Geneva Watch Group) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 30, 2015. 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 15-12690. The bankruptcy case is currently assigned to United States Bankruptcy Judge Martin Glenn. The law firm of Venable LLP is acting as lead bankruptcy counsel to Advance Watch Company Ltd. (a/k/a Geneva Watch Group) in the bankruptcy case.