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Vyaire - Fourth Omnibus Claims Objection to Claims (Substantive) No Liability Reclassified and Overstated

Date
2025-06-11

Summary

A notice of the Plan Administrator's Fourth Omnibus Objection (Substantive) to Certain Claims in In re Vyaire Medical, Inc., Case No. 24-11217 (BLS), a Chapter 11 case in the United States Bankruptcy Court for the District of Delaware, filed May 8, 2025 as Doc 1082-1. It gives notice that David M. Barse, as Plan Administrator, has filed the objection and directs claimants to Schedule 1, Schedule 2 and Schedule 3 to the proposed order to find their claims. It sets a response deadline of June 4, 2025 at 4:00 p.m. and lists what a response must contain. It sets a hearing on June 11, 2025 at 10:30 a.m. before Judge Brendan Linehan Shannon and warns that the court may grant the relief without further notice if no response is filed. The three-page notice is signed by Cole Schotz P.C. as counsel to the Plan Administrator.

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Full text

              Case 24-11217-BLS              Doc 1082-1         Filed 05/08/25        Page 1 of 3




                       IN THE UNITED STATES BANKRUPTCY COURT
                            FOR THE DISTRICT OF DELAWARE

                                                           )
In re:                                                     ) Chapter 11
                                                           )
VYAIRE MEDICAL, INC.,1                                     ) Case No. 24-11217 (BLS)
                                                           )
                          Liquidating Debtor.              ) Hearing Date: June 11, 2025 at 10:30 a.m. (ET)
                                                           )   Obj. Deadline: June 4, 2025 at 4:00 p.m. (ET)

            NOTICE OF THE PLAN ADMINISTRATOR’S FOURTH OMNIBUS
                OBJECTION (SUBSTANTIVE) TO CERTAIN CLAIMS

TO ALL PARTIES RECEIVING THIS OBJECTION:

YOU SHOULD REVIEW SCHEDULE 1, SCHEDULE 2 AND SCHEDULE 3 TO THE
PROPOSED ORDER TO LOCATE YOUR NAME AND CLAIM(S) AND DETERMINE
IF YOUR CLAIM(S) ARE SUBJECT TO THIS OBJECTION. IF YOUR CLAIM(S) ARE
LISTED ON THE EXHIBITS ATTACHED TO THE PROPOSED ORDER, YOU MAY
HAVE SUBSTANTIVE RIGHTS AFFECTED BY THIS OBJECTION.

YOUR SUBSTANTIVE RIGHTS MAY ALSO BE AFFECTED BY FURTHER
OBJECTIONS THAT MAY BE FILED IN THESE CHAPTER 11 CASES.

THE RELIEF SOUGHT IN THIS OBJECTION IS WITHOUT PREJUDICE TO THE
RIGHTS OF THE DEBTORS, THEIR ESTATES, ANY SUCCESSORS THERETO OR
ANY OTHER PARTY IN INTEREST TO PURSUE FURTHER OBJECTIONS
AGAINST THE CLAIMS SUBJECT TO THIS OBJECTION, AND NOTHING HEREIN
OR THE PROPOSED ORDER IS INTENDED OR SHALL BE DEEMED TO BE AN
ALLOWANCE OF ANY SUCH CLAIMS.

       PLEASE TAKE NOTICE that David M. Barse, solely in his capacity as the Plan
Administrator of Vyaire Medical, Inc., et al. (the “Plan Administrator”) in the above-captioned
case, has filed the attached Plan Administrator’s Fourth Omnibus Objection (Substantive) to
Certain Claims (the “Objection”).2



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 “Confirmation Order”). 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 600, Wilmington, DE 19801.
2
    Capitalized terms not defined herein shall have the meanings ascribed to the terms in the Objection.
            Case 24-11217-BLS        Doc 1082-1      Filed 05/08/25     Page 2 of 3




        PLEASE TAKE FURTHER NOTICE that any responses (each, a “Response”) to the
relief requested in the Objection must be filed on or before 4:00 p.m. (prevailing Eastern
Time) on June 4, 2025 (the “Response Deadline”) with the United States Bankruptcy Court for
the District of Delaware, 824 N. Market Street, 3rd Floor, Wilmington, Delaware 19801
(the “Court”). At the same time, any party submitting a Response (each, a “Respondent”) must
serve a copy of its Response upon the undersigned counsel to the Plan Administrator, so as to be
received on or before the Response Deadline.

        PLEASE TAKE FURTHER NOTICE that any Response must contain, at a minimum,
the following:

       a)     a caption setting forth the name of the Court, the above-referenced case number,
              and the title of the Objection to which the Response is directed;

       b)     the name of the claimant and description of the basis for the amount of the
              Disputed Claim; and

       c)     a concise statement setting forth the reasons why a particular Disputed Claim
              should not be disallowed, modified, or reclassified for the reasons set forth in the
              Objection, including, but not limited to, the specific factual and legal bases upon
              which the claimant will rely in opposing the Objection at the Hearing.

       PLEASE TAKE FURTHER NOTICE THAT THE HEARING TO CONSIDER
THE OBJECTION WILL BE HELD ON JUNE 11, 2025 AT 10:30 A.M. (PREVAILING
EASTERN TIME) (THE “HEARING”) BEFORE THE HONORABLE BRENDAN
LINEHAN SHANNON, UNITED STATES BANKRUPTCY COURT JUDGE FOR THE
DISTRICT OF DELAWARE, 824 N. MARKET STREET, 6TH FLOOR, COURTROOM
NO. 1, WILMINGTON, DELAWARE 19801.

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

                         [Remainder of Page Intentionally Left Blank]




                                               2
           Case 24-11217-BLS   Doc 1082-1     Filed 05/08/25   Page 3 of 3




Dated: May 8, 2025
       Wilmington, Delaware
                                    COLE SCHOTZ P.C.

                                     /s/ Patrick J. Reilley
                                    Patrick J. Reilley (No. 4451)
                                    Stacy L. Newman (No. 5044)
                                    500 Delaware Avenue, Suite 600
                                    Wilmington, DE 19801
                                    Telephone: (302) 652-3131
                                    Facsimile: (302) 652-3117
                                    preilley@coleschotz.com
                                    snewman@coleschotz.com

                                    - and -

                                    Matteo Percontino, Esq. (Admitted Pro Hac Vice)
                                    Court Plaza North, 25 Main Street
                                    Hackensack, NJ 07601
                                    Telephone: (201) 489-3000
                                    Facsimile: (201) 489-1536
                                    mpercontino@coleschotz.com

                                    Counsel to David M. Barse, solely in his capacity as
                                    the Plan Administrator of Vyaire Medical, Inc., et
                                    al.




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