New Delaware Chapter 11 Filing – Southeastern Metal Products LLC
Southeastern Metal Products LLC, along with one affiliate, has filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 19-10989). Headquartered in Charlotte, NC, SEMP is a premium provider of industrial metal stamping and fabrication services. According to the First Day Declaration, SEMP intends to engage in a traditional restructuring and right-sizing of its balance sheet before emerging from chapter 11. Omni Management is the proposed claims and noticing agent. The cases have been assigned to the Honorable Brendan Linehan Shannon.
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