New Delaware Chapter 11 Filing – Paddock Enterprises, LLC
On January 6, 2020, Paddock Enterprises, LLC (formerly known as Owens-Illinois, Inc.) 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. 20-10028). The Debtor reports assets and liabilities each valued between $100-500 million, and funds are presently expected to be available for distribution to unsecured creditors. The case has been assigned to the Honorable Laurie Selber Silverstein.
Cole Schotz does not represent the Debtor in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtor’s counsel.
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