Post-confirmation Report Chapter 11
- Date
- 2021-12-01
Summary
A Chapter 11 Post-confirmation Report on UST Form 11-PCR for Vyaire Medical, Inc., Case No. 24-11217, jointly administered in the U.S. Bankruptcy Court for the District of Delaware. It was filed January 22, 2025 as Doc 940 for the quarter ending December 31, 2024, and lists a petition date of June 9, 2024, plan confirmation on November 14, 2024 and a plan effective date of November 27, 2024. Part 1 reports total cash disbursements of $5,121,031 for the quarter. Part 2 itemizes preconfirmation professional fees by firm, with approved bankruptcy fees of $40,666,736 cumulative and all professional fees and expenses approved at $40,801,405 cumulative. Part 3 reports payments of $5,058,047 on administrative claims and $62,984 on priority claims, and lists $57,466,000 on the secured claims line; the 10-page report is signed by the plan administrator.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
Full text
Case 24-11217-BLS Doc 940 Filed 01/22/25 Page 1 of 10
UNITED STATES BANKRUPTCY COURT
DISTRICT OF Delaware
In re: Vyaire Medical, Inc. § Case No. 24-11217
§
Lead Case No. 24-11217
§
Debtor(s) § Jointly Administered
Post-confirmation Report Chapter 11
Quarter Ending Date: 12/31/2024 Petition Date: 06/09/2024
Plan Confirmed Date:11/14/2024 Plan Effective Date: 11/27/2024
This Post-confirmation Report relates to: Reorganized Debtor
Other Authorized Party or Entity:
Name of Authorized Party or Entity
/s/ PATRICK REILLEY PATRICK REILLEY
Signature of Responsible Party Printed Name of Responsible Party
01/21/2025
Date 500 Delaware Avenue, Suite 200
Wilmington, DE 19801
Address
STATEMENT: This Periodic Report is associated with an open bankruptcy case; therefore, Paperwork Reduction Act exemption 5 C.F.R.
§ 1320.4(a)(2) applies.
UST Form 11-PCR (12/01/2021) 1
Case 24-11217-BLS Doc 940 Filed 01/22/25 Page 2 of 10
Debtor's Name Vyaire Medical, Inc. Case No. 24-11217
Part 1: Summary of Post-confirmation Transfers
Total Since
Current Quarter Effective Date
a. Total cash disbursements $5,121,031 $5,121,031
b. Non-cash securities transferred $0 $0
c. Other non-cash property transferred $0 $0
d. Total transferred (a+b+c) $5,121,031 $5,121,031
Part 2: Preconfirmation Professional Fees and Expenses
Approved Approved Paid Current Paid
Current Quarter Cumulative Quarter Cumulative
a. Professional fees & expenses (bankruptcy)
incurred by or on behalf of the debtor Aggregate Total
$12,053,664 $40,666,736 $13,268,905 $37,081,475
Itemized Breakdown by Firm
Firm Name Role
i Kirkland & Ellis LLP Co-Counsel $3,008,327 $12,366,658 $3,700,278 $11,194,934
ii Cole Schotz P.C. Co-Counsel $1,598,793 $3,157,041 $1,377,492 $2,624,847
iii AP Services, LLC Financial Professional $5,587,140 $11,511,316 $5,587,140 $11,511,316
iv PJT Partners LP Financial Professional $83,529 $7,998,991 $628,724 $6,690,684
v Omni Agent Solutions, Inc. Other $6,348 $144,824 $6,348 $144,824
vi BDO USA, P.C. Other $38,653 $1,540,446 $457,493 $1,402,593
vii McDermott Will & Emery LLP Other $925,945 $2,206,775 $496,945 $2,019,547
viii Berkeley Research Group Other $804,931 $1,740,684 $1,014,484 $1,492,729
ix
x
xi
xii
xiii
xiv
xv
xvi
xvii
xviii
xix
xx
xxi
xxii
xxiii
xxiv
xxv
xxvi
xxvii
xxviii
xxix
UST Form 11-PCR (12/01/2021) 2
Case 24-11217-BLS Doc 940 Filed 01/22/25 Page 3 of 10
Debtor's Name Vyaire Medical, Inc. Case No. 24-11217
xxx
xxxi
xxxii
xxxiii
xxxiv
xxxv
xxxvi
xxxvii
xxxvii
xxxix
xl
xli
xlii
xliii
xliv
xlv
xlvi
xlvii
xlviii
xlix
l
li
lii
liii
liv
lv
lvi
lvii
lviii
lix
lx
lxi
lxii
lxiii
lxiv
lxv
lxvi
lxvii
lxviii
lxix
lxx
lxxi
UST Form 11-PCR (12/01/2021) 3
Case 24-11217-BLS Doc 940 Filed 01/22/25 Page 4 of 10
Debtor's Name Vyaire Medical, Inc. Case No. 24-11217
lxxii
lxxiii
lxxiv
lxxv
lxxvi
lxxvii
lxxviii
lxxix
lxxx
lxxxi
lxxxii
lxxxiii
lxxxiv
lxxxv
lxxxvi
lxxxvi
lxxxvi
lxxxix
xc
xci
xcii
xciii
xciv
xcv
xcvi
xcvii
xcviii
xcix
c
ci
Approved Approved Paid Current Paid
Current Quarter Cumulative Quarter Cumulative
b. Professional fees & expenses (nonbankruptcy)
incurred by or on behalf of the debtor Aggregate Total
$129,226 $134,669 $129,226 $134,669
Itemized Breakdown by Firm
Firm Name Role
i Morgan, Lewis & Bockius LLP Other $86,320 $86,320 $86,320 $86,320
ii Irwin Fritchie Urquhart Moore &Other $0 $0 $0 $0
iii Fox Rothschild, LLP Other $18,090 $18,090 $18,090 $18,090
iv Hyman, Phelps & McNamara P Other $8,718 $8,718 $8,718 $8,718
v Linklaters LLP Other $13,647 $13,647 $13,647 $13,647
vi Porzio, Bromberg & Newman, POther $83 $83 $83 $83
UST Form 11-PCR (12/01/2021) 4
Case 24-11217-BLS Doc 940 Filed 01/22/25 Page 5 of 10
Debtor's Name Vyaire Medical, Inc. Case No. 24-11217
vii Hogan Lovells US LLP Other $1,256 $1,256 $1,256 $1,256
viii Littler Mendelson, P.C. Other $1,113 $1,113 $1,113 $1,113
ix Fragomen, Del Rey, Bernsen & Other $0 $5,442 $0 $5,442
x Gordon Rees Scully MansukhanOther $0 $0 $0 $0
xi Winston & Strawn LLP Other $0 $0 $0 $0
xii
xiii
xiv
xv
xvi
xvii
xviii
xix
xx
xxi
xxii
xxiii
xxiv
xxv
xxvi
xxvii
xxviii
xxix
xxx
xxxi
xxxii
xxxiii
xxxiv
xxxv
xxxvi
xxxvii
xxxvii
xxxix
xl
xli
xlii
xliii
xliv
xlv
xlvi
xlvii
xlviii
UST Form 11-PCR (12/01/2021) 5
Case 24-11217-BLS Doc 940 Filed 01/22/25 Page 6 of 10
Debtor's Name Vyaire Medical, Inc. Case No. 24-11217
xlix
l
li
lii
liii
liv
lv
lvi
lvii
lviii
lix
lx
lxi
lxii
lxiii
lxiv
lxv
lxvi
lxvii
lxviii
lxix
lxx
lxxi
lxxii
lxxiii
lxxiv
lxxv
lxxvi
lxxvii
lxxviii
lxxix
lxxx
lxxxi
lxxxii
lxxxiii
lxxxiv
lxxxv
lxxxvi
lxxxvi
lxxxvi
lxxxix
xc
UST Form 11-PCR (12/01/2021) 6
Case 24-11217-BLS Doc 940 Filed 01/22/25 Page 7 of 10
Debtor's Name Vyaire Medical, Inc. Case No. 24-11217
xci
xcii
xciii
xciv
xcv
xcvi
xcvii
xcviii
xcix
c
ci
c. All professional fees and expenses (debtor & committees) $12,182,891 $40,801,405 $13,398,131 $37,216,144
Part 3: Recoveries of the Holders of Claims and Interests under Confirmed Plan
Total
Anticipated % Paid of
Payments Paid Current Allowed
Under Plan Quarter Paid Cumulative Allowed Claims Claims
a. Administrative claims $0 $5,058,047 $5,058,047 $5,058,047 100%
b. Secured claims $57,466,000 $0 $0 $0 0%
c. Priority claims $0 $62,984 $62,984 $62,984 100%
d. General unsecured claims $0 $0 $0 $0 0%
e. Equity interests $0 $0 $0
Part 4: Questionnaire
a. Is this a final report? Yes No
If yes, give date Final Decree was entered:
If no, give date when the application for Final Decree is anticipated:
b. Are you current with quarterly U.S. Trustee fees as set forth under 28 U.S.C. § 1930? Yes No
UST Form 11-PCR (12/01/2021) 7
Case 24-11217-BLS Doc 940 Filed 01/22/25 Page 8 of 10
Debtor's Name Vyaire Medical, Inc. Case No. 24-11217
Privacy Act Statement
28 U.S.C. § 589b authorizes the collection of this information and provision of this information is mandatory. The United
States Trustee will use this information to calculate statutory fee assessments under 28 U.S.C. § 1930(a)(6) and to
otherwise evaluate whether a reorganized chapter 11 debtor is performing as anticipated under a confirmed plan.
Disclosure of this information may be to a bankruptcy trustee when the information is needed to perform the trustee's
duties, or to the appropriate federal, state, local, regulatory, tribal, or foreign law enforcement agency when the information
indicates a violation or potential violation of law. Other disclosures may be made for routine purposes. For a discussion of
the types of routine disclosures that may be made, you may consult the Executive Office for United States Trustee's
systems of records notice, UST-001, "Bankruptcy Case Files and Associated Records." See 71 Fed. Reg. 59,818 et seq.
(Oct. 11, 2006). A copy of the notice may be obtained at the following link: http://www.justice.gov/ust/eo/
rules_regulations/index.htm. Failure to provide this information could result in the dismissal or conversion of your
bankruptcy case, or other action by the United States Trustee. 11 U.S.C. § 1112(b)(4)(F).
I declare under penalty of perjury that the foregoing Post-confirmation Report and its attachments, if
any, are true and correct and that I have been authorized to sign this report.
/s/ DAVID BARSE DAVID BARSE
Signature of Responsible Party Printed Name of Responsible Party
PLAN ADMINISTRATOR 01/21/2025
Title Date
UST Form 11-PCR (12/01/2021) 8
Case 24-11217-BLS Doc 940 Filed 01/22/25 Page 9 of 10
Debtor's Name Vyaire Medical, Inc. Case No. 24-11217
Page 1
Other Page 1
Page 2 Minus Tables
Bankruptcy Table 1-50
UST Form 11-PCR (12/01/2021) 9
Case 24-11217-BLS Doc 940 Filed 01/22/25 Page 10 of 10
Debtor's Name Vyaire Medical, Inc. Case No. 24-11217
Bankruptcy Table 51-100
Non-Bankruptcy Table 1-50
Non-Bankruptcy Table 51-100
Part 3, Part 4, Last Page
UST Form 11-PCR (12/01/2021) 10
File and source
- File
- gov.uscourts.deb.193283.940.0.pdf
- Size
- 155,198 bytes
- SHA-256
- cb03ddd3936e09f863fa0bd6e442894271320a9b39b09d66e63830640e6f6cbb
- Original
- PACER (login required)