New Delaware Chapter 11 Filing – Celadon Group, Inc.
On December 8, 2019, Celadon Group, Inc., along with 25 of its affiliates, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (Lead Case No. 19-12606-KBO). The Debtor reports assets and liabilities each estimated between $100-500 million. It is presently expected that funds will be available for distribution to unsecured creditors. The cases have been assigned to the Honorable Karen B. Owens.
Cole Schotz does not represent the Debtors in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtors’ counsel.
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