New Delaware Chapter 11 Filing – Rupari Holding Corp.
Rupari Holding Corp. and Rupari Food Services, Inc., two affiliates of Rupari Foods, a distributor of uncooked and ready-to-eat BBQ meat, have filed voluntary petitions for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Case No. 17-10793). A First Day Declaration has not yet been filed, but it was reported yesterday that the Debtors had reached an agreement with Carl Buddig and Company for a sale of substantially all of the Debtors’ assets, to be effectuated through the Debtors’ cases. Rupari Food Services, Inc. has also filed a complaint and begun an adversary proceeding against Roma Dining, LLC And Romacorp., Inc., alleging that the Roma defendants have attempted to unlawfully terminate the licensing agreement that allows Rupari exclusive distribution rights to “Tony Roma” branded-pork products in certain defined territories. The cases have been assigned to the Honorable Kevin J. Carey. Donlin, Recano & Co. is the proposed claims agent.
Contact Norman L. Pernick and Nicholas J. Brannick for more information.
As the law continues to evolve on these matters, please note that this article is current as of date and time of publication and may not reflect subsequent developments. The content and interpretation of the issues addressed herein is subject to change. Cole Schotz P.C. disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this publication to the fullest extent permitted by law. This is for general informational purposes and does not constitute legal advice or create an attorney-client relationship. Do not act or refrain from acting upon the information contained in this publication without obtaining legal, financial and tax advice. For further information, please do not hesitate to reach out to your firm contact or to any of the attorneys listed in this publication.
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