New Delaware Chapter 15 Filing – RCR International, Inc.

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RCR International, Inc. (“RCR”), along with its wholly-owned subsidiary, has filed a petition under Chapter 15 in the Bankruptcy Court for the District of Delaware (Lead Case No. 18-10112).  According to the Petition, the case was filed in support of insolvency proceedings in the Quebec Superior Court of Justice (Commercial Division) in the Judicial District of Montréal, Case No. 500-11-053555-179.  As set forth in the declaration filed in support of the Petition, the Lead Debtor, RCR, will be serving as the foreign representative of the Debtors.  RCR has also filed a motion to recognize the Canadian proceeding as a foreign main proceeding.  The cases have not yet been assigned to a judge.

Contact Norman L. Pernick or Nicholas J. Brannick for more information regarding this matter.  Please note, however, that Cole Schotz P.C. does not represent the debtor in this case and cannot respond to questions directed toward the debtor.

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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