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Vyaire - COC - Contract Rejection Procedures Motion Order FINAL

Date
2024-06-25

Summary

A Certification of Counsel filed July 9, 2024 as Doc 234 by proposed counsel to the Debtors 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 concerns the Debtors' motion filed June 25, 2024 [Docket No. 117] for an order approving procedures to reject executory contracts and unexpired leases. The certification states that objections were due July 2, 2024, with the Official Committee of Unsecured Creditors' deadline extended to July 7, 2024, and that informal comments came from counsel to the 1L Ad Hoc Group and counsel to the Committee. It attaches a Revised Proposed Order as Exhibit 1 and a blackline as Exhibit 2, and asks the Court to enter the revised order. It is signed by Cole Schotz P.C.; Kirkland & Ellis LLP is also listed as proposed co-counsel.

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Full text

                   Case 24-11217-BLS             Doc 234       Filed 07/09/24         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 No. 117

                        CERTIFICATION OF COUNSEL
            REGARDING MOTION OF DEBTORS FOR ENTRY OF AN ORDER
     (I) AUTHORIZING AND APPROVING PROCEDURES TO REJECT EXECUTORY
    CONTRACTS AND UNEXPIRED LEASES AND (II) GRANTING RELATED RELIEF

             The undersigned proposed counsel to Vyaire Medical, Inc. and certain of its affiliates, the

debtors and debtors in possession in the above-captioned cases (collectively, the “Debtors”),

hereby certifies as follows:

             1.     On June 25, 2024, the Motion of Debtors for Entry of an Order (I) Authorizing and

Approving Procedures to Reject Executory Contracts and Unexpired Leases and (II) Granting

Related Relief [Docket No. 117] (the “Motion”) was filed with the United States Bankruptcy Court

for the District of Delaware (the “Court”). Attached thereto as Exhibit A was a proposed form of

order granting the relief requested in the Motion (the “Proposed Order”).

             2.     Pursuant to the Notice of Motion of Debtors for Entry of an Order (I) Authorizing

and Approving Procedures to Reject Executory Contracts and Unexpired Leases and (II) Granting

Related Relief, objections or responses to the Motion and entry of the Proposed Order were

to be filed and served on the undersigned proposed counsel by July 2, 2024, at 4:00 p.m.


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’ 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 234     Filed 07/09/24    Page 2 of 3




(prevailing Eastern Time) (the “Objection Deadline”), except for the Official Committee of

Unsecured Creditors (the “Committee”), whose deadline was extended to July 7, 2024.

       3.      Prior to the Objection Deadline, the Debtors received informal comments to the

Motion and Proposed Order from counsel to the 1L Ad Hoc Group.

       4.      Prior to the Committee’s extended Objection Deadline, the Debtors received

informal comments to the Motion and Proposed Order from counsel to the Committee.

       5.      The Debtors have not received any objections or other informal comments to the

Motion and Proposed Order.

       6.      The Debtors revised the Proposed Order to address the informal comments

received from counsel to the 1L Ad Hoc Group and counsel to the Committee and the parties

agreed to a revised Proposed Order, a copy of which is attached hereto as Exhibit 1

(the “Revised Proposed Order”).

       7.      A blackline comparing the Revised Proposed Order against the Proposed Order is

attached hereto as Exhibit 2.

       8.      The Debtors respectfully request that the Court enter the Revised Proposed Order

at its earliest convenience.


                           [Remainder of Page Intentionally Left Blank]




                                                2
                        Case 24-11217-BLS          Doc 234    Filed 07/09/24     Page 3 of 3



Dated: July 9, 2024
Wilmington, Delaware

 /s/ Patrick J. Reilley
  COLE SCHOTZ P.C.                                           KIRKLAND & ELLIS LLP
  Patrick J. Reilley, Esq. (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




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