Vyaire - Notice of Entry of Interim Order and Final Hearing re DIP
- Date
- 2024-06-10
Summary
A notice filed June 12, 2024 as Doc 104 in the jointly administered Chapter 11 cases of Vyaire Medical, Inc., et al., Case No. 24-11217 (BLS), in the U.S. Bankruptcy Court for the District of Delaware. It gives notice that the debtors filed their motion to obtain postpetition financing and use cash collateral on June 10, 2024 [Docket No. 12], and that the court entered the Interim Order on that motion on June 12, 2024 [Docket No. 103]. The notice states that a final hearing will be held on July 9, 2024 before Judge Brendan L. Shannon and that objections are due by July 2, 2024. It lists the parties to be served with objections, including the debtors, their proposed co-counsel, counsel to the 1L Ad Hoc Group and the United States Trustee. It is signed by Cole Schotz P.C. and Kirkland & Ellis LLP as proposed co-counsel to the debtors.
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Full text
Case 24-11217-BLS Doc 104 Filed 06/12/24 Page 1 of 3
IN THE UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF DELAWARE
)
In re: ) Chapter 11
)
VYAIRE MEDICAL, INC., et al.,1 ) Case No. 24-11217 (BLS)
)
Debtors. ) (Jointly Administered)
)
) Re: Docket Nos. 12 & 103
NOTICE OF ENTRY OF INTERIM ORDER
AND FINAL HEARING WITH RESPECT TO
MOTION OF DEBTORS FOR ENTRY OF INTERIM AND FINAL
ORDERS (I) AUTHORIZING THE DEBTORS TO (A) OBTAIN
POSTPETITION FINANCING AND (B) UTILIZE CASH COLLATERAL,
(II) GRANTING LIENS AND SUPERPRIORITY ADMINISTRATIVE
EXPENSE CLAIMS, (III) GRANTING ADEQUATE PROTECTION TO
PREPETITION SECURED PARTIES, (IV) MODIFYING THE AUTOMATIC STAY,
(V) SCHEDULING A FINAL HEARING, AND (VI) GRANTING RELATED RELIEF
PLEASE TAKE NOTICE that, on June 10, 2024, the above-captioned debtors and
debtors in possession (the “Debtors”) filed the Motion of Debtors for Entry of Interim and Final
Orders (I) Authorizing the Debtors to (A) Obtain Postpetition Financing and (B) Utilize Cash
Collateral, (II) Granting Liens and Superpriority Administrative Expense Claims,
(III) Granting Adequate Protection to Prepetition Secured Parties, (IV) Modifying the Automatic
Stay, (V) Scheduling a Final Hearing, and (VI) Granting Related Relief [Docket No. 12]
(the “Motion”).
PLEASE TAKE FURTHER NOTICE that, on June 12, 2024, the United States
Bankruptcy Court for the District of Delaware (the “Court”) entered the Interim Order
(I) Authorizing the Debtors to (A) Obtain Postpetition Financing and (B) Utilize Cash Collateral,
(II) Granting Liens and Superpriority Administrative Expense Claims, (III) Granting Adequate
Protection to Prepetition Secured Parties, (IV) Modifying the Automatic Stay, (V) Scheduling a
Final Hearing, and (VI) Granting Related Relief [Docket No. 103] (the “Interim Order”).
1
The last four digits of Debtor Vyaire Medical, Inc.’s federal tax identification number are 6495. A complete list
of each of the Debtors in these chapter 11 cases and each such Debtor’s federal tax identification number may be
obtained on the website of the Debtors’ proposed claims and noticing agent at
https://omniagentsolutions.com/Vyaire. The location of Debtor Vyaire Medical, Inc.’s principal place of business
and the Debtors’ service address in these chapter 11 cases is 26125 North Riverwoods Boulevard, Mettawa,
Illinois, USA 60045.
Case 24-11217-BLS Doc 104 Filed 06/12/24 Page 2 of 3
PLEASE TAKE FURTHER NOTICE that a copy of the Motion and Interim Order are
being served with this Notice. A copy of the Motion and Interim Order are also available on
(i) the Court’s website: www.deb.uscourts.gov and (ii) the website maintained by the Debtors’
Claims and Noticing Agent, Omni Agent Solutions, Inc.: https://omniagentsolutions.com/Vyaire.
PLEASE TAKE FURTHER NOTICE that a final hearing on the Motion will be held on
July 9, 2024, at 10:00 a.m. (prevailing Eastern Time) before The Honorable Brendan L.
Shannon, United States Bankruptcy Court for the District of Delaware, 6th Floor,
Courtroom No. 1, 824 North Market Street, Wilmington, Delaware 19801.
PLEASE TAKE FURTHER NOTICE that objections, if any, to the Motion and the entry
of a final order approving the Motion must be filed on or before July 2, 2024, at 4:00 p.m.
(prevailing Eastern Time) (the “Objection Deadline”) with the United States Bankruptcy Court
for the District of Delaware, 3rd Floor, 824 North Market Street, Wilmington, Delaware 19801
and served upon the following parties so as to be actually received by the Objection Deadline:
(a) the Debtors, 26125 North Riverwoods Boulevard, Mettawa, Illinois, USA 60045, Attn.:
Charles Braley (cbraley@alixpartners.com); (b) proposed co-counsel to the Debtors (i) Kirkland
& Ellis LLP, 601 Lexington Avenue, New York, New York 10022, Attn.: Joshua A. Sussberg,
P.C. (joshua.sussberg@kirkland.com), Chris Ceresa (chris.ceresa@kirkland.com), and Tiffani
Chanroo (tiffani.chanroo@kirkland.com), (ii) Kirkland & Ellis LLP, 333 West Wolf Point Plaza,
Chicago, Illinois, 60654, Attn.: Spencer A. Winters (spencer.winters@kirkland.com) and Yusuf
U. Salloum (yusuf.salloum@kirkland.com), (iii) Cole Schotz P.C., 500 Delaware Avenue, Suite
1410, Wilmington, Delaware 19801, Attn.: Patrick J. Reilley (preilley@coleschotz.com), Stacy L.
Newman (snewman@coleschotz.com), Michael E. Fitzpatrick (mfitzpatrick@coleschotz.com),
and Jack M. Dougherty (jdougherty@coleschotz.com), and (iv) Cole Schotz P.C., Court Plaza
North, 25 Main Street, Hackensack, New Jersey 07601, Attn.: Michael D. Sirota
(msirota@coleschotz.com) and Warren A. Usatine (wusatine@coleschotz.com); (c) counsel to the
1L Ad Hoc Group, (i) Gibson, Dunn & Crutcher LLP, 200 Park Avenue, New York, NY 10166-
0193, Attn.: Scott J. Greenberg (SGreenberg@gibsondunn.com), Jason Zachary Goldstein
(JGoldstein@gibsondunn.com), Joshua Brody (JBrody@gibsondunn.com), and Kevin Liang
(KLiang@gibsondunn.com) and (ii) Pachulski Stang Ziehl & Jones LLP, 919 North Market Street,
17th Floor, Wilmington, DE 19801, Attn.: Laura Davis Jones (ljones@pszjlaw.com); (d) the
United States Trustee, 844 King Street, Suite 2207, Lockbox 35, Wilmington, Delaware 19801,
Attn.: Benjamin A. Hackman (Benjamin.A.Hackman@usdoj.gov); and (e) any statutory
committee appointed in these chapter 11 cases.
PLEASE TAKE FURTHER NOTICE THAT IF YOU FAIL TO RESPOND IN
ACCORDANCE WITH THIS NOTICE, THE COURT MAY GRANT THE RELIEF
REQUESTED AND ENTER A FINAL ORDER WITHOUT FURTHER NOTICE OR
HEARING.
2
Case 24-11217-BLS Doc 104 Filed 06/12/24 Page 3 of 3
Dated: June 12, 2024
Wilmington, Delaware
/s/ Patrick J. Reilley
COLE SCHOTZ P.C. KIRKLAND & ELLIS LLP
Patrick J. Reilley, Esq. (DE Bar No. 4451) KIRKLAND & ELLIS INTERNATIONAL LLP
500 Delaware Avenue, Suite 1410 Joshua A. Sussberg, P.C. (admitted pro hac vice)
Wilmington, Delaware 19801 601 Lexington Ave
Telephone: (302) 652-3131 New York, New York 10022
Facsimile: (302) 652-3117 Telephone: (212) 446-4800
Email: preilley@coleschotz.com Facsimile: (212) 446-4900
Email: joshua.sussberg@kirkland.com
- and -
- and -
Michael D. Sirota, Esq. (admitted pro hac vice)
Warren A. Usatine, Esq. (admitted pro hac vice) Spencer A. Winters, P.C. (admitted pro hac vice)
Court Plaza North, 25 Main Street Yusuf U. Salloum (admitted pro hac vice)
Hackensack, New Jersey 07601 333 West Wolf Point Plaza
Telephone: (201) 489-3000 Chicago, Illinois 60654
Facsimile: (201) 489-1536 Telephone: (312) 862-2000
Email: msirota@coleschotz.com Facsimile: (312) 862-2200
wusatine@coleschotz.com Email: spencer.winters@kirkland.com
yusuf.salloum@kirkland.com
Proposed Co-Counsel to the Debtors Proposed Co-Counsel to the Debtors
and Debtors in Possession and Debtors in Possession
3
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