New Delaware Chapter 11 Filing – Constellation Enterprises LLC et al.
Constellation Enterprises LLC and nine affiliates have filed chapter 11 petitions before the United States Bankruptcy Court for the District of Delaware (Lead Case No. 16-11213). The cases have been assigned to the Honorable Christopher S. Sontchi. The operating entities among the debtors are Columbus Steel Castings Company (which has ceased operations), Steel Forming, Inc. (operating as Commercial Metal Forming), Zero Manufacturing, Inc. and Jorgensen Forge Corporation. The debtors have indicated that they are negotiating the sale of the remaining operating entities to their secured lenders through a credit bid and that they anticipate obtaining debtor-in-possession financing from their pre-petition lenders. The petitions (including the consolidated list of top 30 creditors) and first day declaration and dockets are available through Epiq. The debtors have issued a press release regarding their reorganization efforts.
A list of the debtors is provided below:
16-11214 Columbus Holdings, Inc.
16-11215 Columbus Steel Castings Company
16-11219 Eclipse Manufacturing Co.
16-11221 JFC Holding Corporation
16-11218 Metal Technology Solutions, Inc.
16-11220 Steel Forming, Inc.
16-11222 The Jorgensen Forge Corporation
16-11216 Zero Corporation
16-11217 Zero Manufacturing, Inc.
Contact Norman L. Pernick, Nicholas J. Brannick, or David W. Giattino for more information.
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