On March 1, 2016, an order regarding the plan of liquidation was filed in the bankruptcy case of The Budd Company, Inc. and its affiliates.
The filing was assigned docket number 1632 and is described on the court’s official docket as follows:
Order Scheduling Confirmation hearing and hours previously reserved for testimony on behalf of the said parties: Dates: May 23,24,26,27,31; June 1,2,3,6,7,9,10,13,14,16 and 17, 2016(16 days x 4 hours each day 64 hours) . Signed on 3/1/2016 (Gomez, Denise)
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.