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VYR - Motion to Extend Deadline to Assume or Reject Unexpired Leases

Date
2024-10-02

Summary

A notice of motion filed September 11, 2024 as Doc 522-1 in In re: Vyaire Medical, Inc., et al., Case No. 24-11217 (BLS), a jointly administered Chapter 11 case in the U.S. Bankruptcy Court for the District of Delaware. It gives notice that the Debtors filed a motion for an order extending the time within which they must assume or reject unexpired leases of nonresidential real property and granting related relief. The notice sets a hearing on October 2, 2024, at 1:30 p.m. before Judge Brendan L. Shannon and an objection deadline of September 25, 2024, at 4:00 p.m. It lists the parties to be served, including co-counsel to the Debtors, counsel to the 1L Ad Hoc Group, the United States Trustee and counsel to the Official Committee of Unsecured Creditors. The three-page notice is signed by Cole Schotz P.C. and Kirkland & Ellis LLP as co-counsel to the Debtors.

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Full text

                 Case 24-11217-BLS             Doc 522-1         Filed 09/11/24        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)
                                                          )
                                                          )    Hearing Date: October 2, 2024, at 1:30 p.m. (ET)
                                                          )    Obj. Deadline: September 25, 2024, at 4 p.m. (ET)

                        NOTICE OF MOTION OF DEBTORS
                   FOR ENTRY OF AN ORDER (I) EXTENDING THE
                 TIME WITHIN WHICH THE DEBTORS MUST ASSUME
                OR REJECT UNEXPIRED LEASES OF NONRESIDENTIAL
               REAL PROPERTY AND (II) GRANTING RELATED RELIEF

        PLEASE TAKE NOTICE that on September 11, 2024, the above-captioned debtors and
debtors in possession (collectively, the “Debtors”) filed the Motion of Debtors for Entry of an
Order (I) Extending the Time Within Which the Debtors Must Assume or Reject Unexpired Leases
of Nonresidential Real Property and (II) Granting Related Relief (the “Motion”) with the United
States Bankruptcy Court for the District of Delaware (the “Court”).

      PLEASE TAKE FURTHER NOTICE that a copy of the Motion is being served with
this notice. A copy of the Motion is 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 hearing on the Motion will be held on
October 2, 2024, at 1:30 p.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 an order approving the Motion must be filed on or before September 25, 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,

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 522-1     Filed 09/11/24    Page 2 of 3




Attn.: Charles Braley (cbraley@alixpartners.com); (b) 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),           and       Michael       E.      Fitzpatrick
(mfitzpatrick@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), Warren A.
Usatine (wusatine@coleschotz.com), and Matteo Percontino (MPercontino@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) counsel to the Official
Committee of Unsecured Creditors, (i) McDermott Will & Emery LLP, One Vanderbilt Avenue,
New York, New York 10017, Attn: Darren Azman (DAzman@mwe.com), Kristin K. Going
(KGoing@mwe.com) and (ii) McDermott Will & Emery LLP, 1000 N. West Street, Suite 1400,
Wilmington, DE 19801, Attn: David R. Hurst (DHurst@mwe.com) and Maris J. Kandestin
(MKandestin@mwe.com).

    PLEASE TAKE FURTHER NOTICE THAT, IF YOU FAIL TO RESPOND IN
ACCORDANCE WITH THIS NOTICE, THE COURT MAY GRANT THE RELIEF
REQUESTED AND ENTER AN ORDER WITHOUT FURTHER NOTICE OR HEARING.

                             [Remainder of Page Intentionally Left Blank]




                                               2
                       Case 24-11217-BLS           Doc 522-1     Filed 09/11/24     Page 3 of 3




Dated: September 11, 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


 Co-Counsel to the Debtors                                     Co-Counsel to the Debtors
 and Debtors in Possession                                     and Debtors in Possession




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