On July 28, 2020 (the "Petition Date"), KG Winddown, LLC and certain of its affiliates (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York. This website provides information about the Debtors’ chapter 11 cases. The cases are pending before the Honorable Martin Glenn and are being jointly administered for procedural purposes under case number 20-11723.
Order, Signed on 10/23/2020, Approving (A) Bidding Procedures, (B) Stalking Horse Asset Purchase Agreement and Bid Protections, (C) Form and Manner of Notice of Auction, Sale Transaction, and Sale Hearing, (D) Assumption and Assignment Procedures, and (E) Date for Auction, if Necessary, and Sale Hearing.
On February 16, 2022, the Bankruptcy Court entered the Order (I) Authorizing the Debtors to Make Distributions to Allowed Administrative Expense Claims; (II) Dismissing Certain of the Debtors' Chapter 11 Cases; (III) Establishing Procedures with Respect to Final Fee Applications; (IV) Authorizing Certain of the Debtor Entities to be Dissolved in Accordance with Applicable State Law; and (V) Granting Related Relief [Docket No. 522]. On March 11, 2022, the Bankruptcy Court entered the Order Authorizing Certain of the Debtor Entities to be Dissolved in Accordance with Applicable State Law; and Granting Related Relief [Docket No. 529]. All cases are closed.