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Vyaire - Motion for Final Decree Closing Certain Cases

Date
2025-01-24

Summary

A Final Decree Closing Certain Cases entered January 24, 2025 as Doc 974 in the Chapter 11 cases of Vyaire Medical, Inc., Case No. 24-11217 (BLS), in the U.S. Bankruptcy Court for the District of Delaware. Granting the Plan Administrator's motion, it closes the affiliated debtors' cases, including Bird Products Corporation, Case No. 24-11218 (BLS), and Vyaire TSR Sub, LLC, Case No. 24-11244 (BLS). The case of Vyaire Medical, Inc. remains open as the Remaining Case, where all later pleadings and Remaining Matters are to be filed. The closing debtors must pay fees due under 28 U.S.C. § 1930(a)(6) within 30 days, and final reporting under Local Rule 3022-1(c) is deferred until the Remaining Case closes. The ten-page decree is signed by United States Bankruptcy Judge Brendan L. Shannon.

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Full text

                 Case 24-11217-BLS   Doc 974   Filed 01/24/25   Page 1 of 10




                        IN THE UNITED STATES BANKRUPTCY COURT
                             FOR THE DISTRICT OF DELAWARE

                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VYAIRE MEDICAL, INC.,                             )   Case No. 24-11217 (BLS)
                                                   )
                          Debtor.                  )
                                                   )
 Tax I.D. No. 81-2596495                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 BIRD PRODUCTS CORPORATION,                        )   Case No. 24-11218 (BLS)
                                                   )
                          Debtor.                  )
                                                   )
 Tax I.D. No. 33-0069580                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 BREATHE US HOLDCO, INC.,                          )   Case No. 24-11219 (BLS)
                                                   )
                          Debtor.                  )
                                                   )
 Tax I.D. No. 92-2859526                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 BREATHE US HOLDINGS LP,                           )   Case No. 24-11220 (BLS)
                                                   )
                          Debtor.                  )
                                                   )
 Tax I.D. No. 92-2878498                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 EME MEDICAL, INC.,                                )   Case No. 24-11221 (BLS)
                                                   )
                          Debtor.                  )
                                                   )
 Tax I.D. No. 33-0894666                           )




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                                                   )
 In re:                                            )   Chapter 11
                                                   )
 REVOLUTIONARY MEDICAL DEVICES, INC.,              )   Case No. 24-11222 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 47-3285028                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 SENSORMEDICS CORPORATION,                         )   Case No. 24-11223 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 33-0006779                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VIASYS HOLDINGS INC.,                             )   Case No. 24-11224 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 43-2055362                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VM FINANCE SUB, LLC,                              )   Case No. 24-11225 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 84-3883730                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VYAIRE COMPANY,                                   )   Case No. 24-11226 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 32-0494861                           )




                                           2
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                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VYAIRE FINANCE B.V.,                              )   Case No. 24-11227 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. RSIN: 858615514                      )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VYAIRE FINANCIAL HOLDINGS LLC,                    )   Case No. 24-11228 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 84-3883575                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VYAIRE HOLDING COMPANY,                           )   Case No. 24-11229 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 36-4835388                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VYAIRE MEDICAL 202, INC.,                         )   Case No. 24-11230 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 04-3505871                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VYAIRE MEDICAL 203, INC.,                         )   Case No. 24-11231 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 33-0737273                           )




                                           3
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                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VYAIRE MEDICAL 205, INC.,                         )   Case No. 24-11232 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 36-3994160                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VYAIRE MEDICAL 206, INC.,                         )   Case No. 24-11233 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 20-3233125                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VYAIRE MEDICAL 211, INC.,                         )   Case No. 24-11234 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 16-1721349                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VYAIRE MEDICAL BR LLC,                            )   Case No. 24-11235 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 81-2564333                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VYAIRE MEDICAL CAPITAL LLC,                       )   Case No. 24-11236 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 81-2574742                           )




                                           4
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                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VYAIRE MEDICAL CONSUMABLES LLC,                   )   Case No. 24-11237 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 81-2588610                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VYAIRE MEDICAL INTERNATIONAL LLC,                 )   Case No. 24-11238 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 81-2603646                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VYAIRE MEDICAL LLC,                               )   Case No. 24-11239 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 37-1825258                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VYAIRE MEDICAL PAYROLL LLC,                       )   Case No. 24-11240 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 81-2643078                           )
                                                   )
 In re:                                            )   Chapter 11
                                                   )
 VYAIRE RECEIVABLES LLC,                           )   Case No. 24-11241 (BLS)
                                                   )
                        Debtor.                    )
                                                   )
 Tax I.D. No. 84-3478312                           )




                                           5
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                                                                    )
    In re:                                                          )   Chapter 11
                                                                    )
    VYAIRE RESPIRATORY DIAGNOSTICS LLC,                             )   Case No. 24-11242 (BLS)
                                                                    )
                             Debtor.                                )
                                                                    )
    Tax I.D. No. 99-0680820                                         )
                                                                    )
    In re:                                                          )   Chapter 11
                                                                    )
    VYAIRE TSR MIDCO, LLC,                                          )   Case No. 24-11243 (BLS)
                                                                    )
                             Debtor.                                )
                                                                    )
    Tax I.D. No. N/A                                                )
                                                                    )
    In re:                                                          )   Chapter 11
                                                                    )
    VYAIRE TSR SUB, LLC,                                            )   Case No. 24-11244 (BLS)
                                                                    )
                             Debtor.                                )
                                                                    )
    Tax I.D. No. 86-1850847                                         )

                             FINAL DECREE CLOSING CERTAIN CASES
                                                 1
             Upon the motion (the “Motion”) of the Plan Administrator for entry of a final decree (this

“Final Decree”) closing the Closing Cases, all as more fully set forth in the Motion; and this Court

having jurisdiction to consider the Motion and the relief requested therein pursuant to 28 U.S.C. §§

157(a)-(b) and 1334(b), and the Amended Standing Order of Reference from the United States

District Court for the District of Delaware, dated February 29, 2012; and consideration of the Motion

and the requested relief being a core proceeding pursuant to 28 U. S.C. § 157(b); and venue being

proper before this Court pursuant to 28 U.S.C. §§ 1408 and 1409; and due and proper notice of the

Motion having been provided; and such notice having been adequate and appropriate under the




1     Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Motion.

                                                          6
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circumstances; and it appearing that no other or further notice need be provided; and this Court

having reviewed the Motion; and this Court having held a hearing, if necessary, to consider the relief

requested in the Motion (the “Hearing”); and upon the record of the Hearing, if any; and this Court

having determined that the legal and factual bases set forth in the Motion establish just cause for the

relief granted herein; and it appearing that the relief requested in the Motion is in the best interests

of the Debtors, their estates, creditors and all parties in interest; and upon all of the proceedings had

before this Court and after due deliberation and sufficient cause appearing therefore;

         IT IS HEREBY ORDERED THAT:

          1.      The Motion is granted to the extent set forth herein.

         2.       The following Chapter 11 Cases are hereby closed and a final decree is granted

effective upon entry of this Final Decree (collectively, the “Closing Cases”):

                       Bird Products Corporation, Case No. 24-11218 (BLS);

                       Breathe US Holdco, Inc., Case No. 24-11219 (BLS);

                       Breathe US Holdings LP, Case No. 24-11220 (BLS);

                       EME Medical, Inc., Case No. 24-11221 (BLS);

                       Revolutionary Medical Devices, Inc., Case No. 24-11222 (BLS);

                       SensorMedics Corporation, Case No. 24-11223 (BLS);

                       VIASYS Holdings, Inc., Case No. 24-11224 (BLS);

                       VM Finance Sub, LLC, Case No. 24-11225 (BLS);

                       Vyaire Company, Case No. 24-11226 (BLS);

                       Vyaire Finance B.V., Case No. 24-11227 (BLS);

                       Vyaire Financial Holdings LLC, Case No. 24-11228 (BLS);

                       Vyaire Holding Company, Case No. 24-11229 (BLS);

                       Vyaire Medical 202, Inc., Case No. 24-11230 (BLS);
                                                    7
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                       Vyaire Medical 203, Inc., Case No. 24-11231 (BLS);

                       Vyaire Medical 205, Inc., Case No. 24-11232 (BLS);

                       Vyaire Medical 206, Inc., Case No. 24-11233 (BLS);

                       Vyaire Medical 211, Inc., Case No. 24-11234 (BLS);

                       Vyaire Medical BR LLC, Case No. 24-11235 (BLS);

                       Vyaire Medical Capital LLC, Case No. 24-11236 (BLS);

                       Vyaire Medical Consumables LLC, Case No. 24-11237 (BLS);

                       Vyaire Medical International LLC, Case No. 24-11238 (BLS);

                       Vyaire Medical LLC, Case No. 24-11239 (BLS);

                       Vyaire Medical Payroll LLC, Case No. 24-11240 (BLS);

                       Vyaire Receivables LLC, Case No. 24-11241 (BLS);

                       Vyaire Respiratory Diagnostics LLC, Case No. 24-11242 (BLS);

                       Vyaire TSR MidCo, LLC, Case No. 24-11243 (BLS); and

                       Vyaire TSR Sub, LLC, Case No. 24-11244 (BLS).

         3.       The Chapter 11 Case of Vyaire Medical, Inc., Case No. 24-11217 (BLS) (the

“Remaining Case”) shall remain open pending further order of this Court and, from and after the

date of entry of this Final Decree, all adversary proceedings, motions, notices and other pleadings

related to any of the Debtors or the Plan Administrator shall be filed in such case.

          4.      The Clerk of this Court shall enter this Final Decree individually on each of the

dockets of the above-captioned Chapter 11 Cases and each of the dockets of the Closing Cases shall

be marked as “Closed.”

          5.      Entry of this Final Decree (a) is without prejudice to the rights of any party in interest

to (i) commence, prosecute and/or resolve any claim or cause of action or (ii) object to or resolve

claims filed against any of the Debtors; (b) is without prejudice to the rights of any party in interest
                                                      8
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to reopen the Closing Cases for cause; and (c) shall have no effect whatsoever on any adversary

proceedings, contested matters or other matters pending before this Court.

          6.      Following entry of this Final Decree, the caption for the Remaining Case shall read

as follows:

                                                              )
 In re:                                                       )    Chapter 11
                                                              )
 VYAIRE MEDICAL, INC.,                                        )    Case No. 24-11217 (BLS)
                                                              )
                           Liquidating Debtor.                )
                                                              )


1         This chapter 11 case is now being administered by the Plan Administrator pursuant to the terms of
          the Findings of Fact, Conclusions of Law, and Order Approving the Debtors’ Disclosure Statement
          for, and Confirming the Second Amended Joint Chapter 11 Plan of Vyaire Medical, Inc. and Its
          Debtor Affiliates Pursuant to Chapter 11 of the Bankruptcy Code [Docket No. 745]. The Plan
          Administrator’s mailing address is Vyaire Medical, Inc., Attn: David M. Barse, Plan Administrator,
          c/o Cole Schotz P.C., 500 Delaware Avenue, Suite 1410, Wilmington, DE 19801.

          7.      The Court retains jurisdiction and authority with regards to all matters set forth in

Article XI of the Plan, contested matters, motions, adversary proceedings, pleadings or other

matters that may arise from time to time in respect to the Chapter 11 Cases and the implementation

of the Sale Orders, Plan, and the Confirmation Order, including fee claims, cure amounts, Causes

of Action, pending matters and claims reconciliation matters (together, the “Remaining Matters”),

whether they pertain to the Remaining Case or a Closing Case. All Remaining Matters, whether

they pertain to the Remaining Case or a Closing Case, shall be filed, administered and adjudicated

in the Remaining Case without the need to reopen any of the Closing Cases. Any failure of the

Plan Administrator, as applicable, to file an objection to any claim or Administrative Claim in the

Closing Cases on or prior to the entry of this Final Decree shall not constitute allowance of the

claim or Administrative Claim and shall not result in such claim or Administrative Claim being

deemed Allowed (as defined in the Plan). Any objections to claims or Administrative Claims in

the Closing Cases may be filed, administered and adjudicated in the Remaining Case.
                                                      9
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          8.      The Closing Debtors shall, within 30 days after entry of this Final Decree, (a) pay

all fees due and payable pursuant to 28 U.S.C. § 1930(a)(6) and (b) serve copies of all post-

confirmation reports on the U.S. Trustee. Entry of this Final Decree is without prejudice to the

rights of the U.S. Trustee to reopen the Closing Cases to seek appropriate relief in the event of an

unresolved dispute over the payment of fees pursuant to 28 U.S.C. § 1930(a)(6) or the post-

confirmation reports.

          9.      The deadline to fulfill the requirement to file a final report under Local Rule 3022-

1(c) for the Closing Debtors is hereby extended pending the closure of the Remaining Case. The

final report required under Local Rule 3022-1(c) for the Closing Debtors shall be included as part

of a consolidated final report for all of the Debtors to be filed in connection with the closure of the

Remaining Case.

          10.     The deadline to comply with the requirements under Local Rule 2002-1(f)(ix) with

respect to the Closing Debtors shall be completed by the Claims Agent upon the closure of the

Remaining Case.

          11.     The Plan Administrator is authorized and empowered to take all actions necessary

to implement the relief granted in this Final Decree.

          12.     The Court shall retain jurisdiction over any and all matters arising from or related to

the implementation or interpretation of this Final Decree.




  Dated: January 24th, 2025                        BRENDAN L. SHANNON
  Wilmington, Delaware                             UNITED STATES BANKRUPTCY JUDGE




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