Case number: 1:24-bk-10703 - ICON Aircraft, Inc. - Delaware Bankruptcy Court

Case Information
  • Case title

    ICON Aircraft, Inc.

  • Court

    Delaware (debke)

  • Chapter

    11

  • Judge

    Craig T Goldblatt

  • Filed

    04/04/2024

  • Last Filing

    05/14/2024

  • Asset

    Yes

  • Vol

    v

Docket Header
SealedDoc(s), STANDOrder, LEAD, PlnDue, DsclsDue, MEGA, CLMSAGNT, SEALEDMATRIX



U.S. Bankruptcy Court
District of Delaware (Delaware)
Bankruptcy Petition #: 24-10703-CTG

Assigned to: Bankruptcy Judge Craig T Goldblatt
Chapter 11
Voluntary
Asset


Date filed:  04/04/2024
341 meeting:  05/09/2024
Deadline for filing claims:  06/03/2024
Deadline for filing claims (govt.):  10/01/2024

Debtor

ICON Aircraft, Inc.

2141 ICON Way
Vacaville, CA 95688
SOLANO-CA
Tax ID / EIN: 20-5147443

represented by
Sean Matthew Beach

Young, Conaway, Stargatt & Taylor
1000 North King Street
Wilmington, DE 19801
302-571-6600
Fax : 302-576-3281
Email: sbeach@ycst.com

Nathan Elner

787 Seventh Avenue
New York, NY 10019
(212) 839-5300
Email: nelner@sidley.com

Ashley E. Jacobs

Young Conaway Stargatt & Taylor
Rodney Square, 1000 North King Street
Wilmington, DE 19801
302-571-6600
Email: ajacobs@ycst.com

Jared W Kochenash

Young Conaway
Rodney Square
1000 N. King Street
Wilmington, DE 19801
302-571-6700
Email: jkochenash@ycst.com

Jeri Leigh Miller

Sidley Austin LLP
2021 McKinney Avenue
Suite 2000
Dallas, TX 75201
(214) 981-3300
Email: jeri.miller@sidley.com

Samuel A. Newman

Sidley Austin LLP
1999 Avenue of the Stars
17th Floor
Los Angeles, CA 90067
310-595-9500
Email: sam.newman@sidley.com

Charles M. Persons

Sidley Austin LLP
2021 McKinney Avenue
Suite 2000
Dallas, TX 75201
(214) 981-3300
Email: cpersons@sidley.com

Amanda Rahie

Sidley Austin LLP
One South Dearborn
Chicago, IL 60603
(312) 853-7000
Email: arahie@sidley.com

Francesca L. Sadler

Sidley Austin LLP
199 Avenue of the Americas
17th Floor
Los Angeles, CA 90067
(310) 595-9500
Email: fsadler@sidley.com

U.S. Trustee

U.S. Trustee

Office of the United States Trustee
J. Caleb Boggs Federal Building
844 King Street, Suite 2207
Lockbox 35
Wilmington, DE 19801
(302)-573-6491

represented by
Malcolm M Bates

Office of the United States Trustee
844 King Street
Suite 2207
Wilmington, DE 19801
302-573-6491
Fax : 302-573-6497
Email: malcolm.m.bates@usdoj.gov

Joseph F. Cudia

U.S. Trustee
844 King Street
Suite 2207
WILMINGTON, DE 19801
2029344051
Email: joseph.cudia@usdoj.gov

Claims Agent

Stretto

www.stretto.com
410 Exchange, Ste 100
Irvine, CA 92602
855-812-6112

 
 
Transcriber

Reliable Companies

Attn: Gene Matthews
1007 North Orange Street
Suite 110
Wilmington, DE 19801
302-654-8080
 
 

Latest Dockets

Date Filed#Docket Text
05/10/2024194Notice of Hearing - Notice of Auction and Sale Hearing (related document(s)83) Filed by ICON Aircraft, Inc.. Hearing scheduled for 6/18/2024 at 10:00 AM at US Bankruptcy Court, 824 Market St., 3rd Fl., Courtroom #7, Wilmington, Delaware. Objections due by 6/11/2024. (Kochenash, Jared) (Entered: 05/10/2024)
05/10/2024193Order Scheduling Omnibus Hearing Date. (Related document(s) 172) Omnibus Hearing scheduled for 5/21/2024 at 03:00 PM US Bankruptcy Court, 824 Market St., 3rd Fl., Courtroom #7, Wilmington, Delaware. Omnibus Hearing scheduled for 6/27/2024 at 10:00 AM US Bankruptcy Court, 824 Market St., 3rd Fl., Courtroom #7, Wilmington, Delaware. Signed on 5/10/2024. (NAB) (Entered: 05/10/2024)
05/10/2024192Order Authorizing the Retention and Employment of Young Conaway Stargatt & Taylor, LLP as Co-Counsel for the Debtors, Effective as of the Petition Date (related document(s) 174) Signed on 5/10/2024. (NAB) (Entered: 05/10/2024)
05/10/2024191Order (A) Approving Certain Bidding Procedures and the Form and Manner of Notice Thereof, (B) Scheduling and Auction and a Hearing on the Approval of the Sale of All or Substantially All of the Debtors Assets, (C) Establishing Certain Assumption and Assignment Procedures and Approving the Manner of Notice Thereof, and (D) Granting Related Relief (related document(s)83, 101) Signed on 5/10/2024. (Attachments: # 1 Exhibit) (NAB) (Entered: 05/10/2024)
05/09/2024190Affidavit/Declaration of Service re: Final Order (I) Authorizing Post-Petition Financing; (II) Granting Liens and Providing Superpriority Administrative Expense Claims; (III) Modifying the Automatic Stay; (IV) Scheduling a Final Hearing; and (V) Granting Related Relief (Docket No. 168) and Order Granting the Debtors Leave and Permission to File Reply in Support of Bidding Procedures Motion (Docket No. 169). Filed by Stretto. (related document(s)168, 169) (Betance, Sheryl) (Entered: 05/09/2024)
05/09/2024189Affidavit/Declaration of Service re: Debtors Reply to the Derivative Litigation Plaintiffs Objection to the Bidding Procedures Motion (Docket No. 163), Debtors Motion for Entry of an Order Granting the Debtors Leave and Permission to File Late Reply in Support of Bidding Procedures Motion (Docket No. 164), and Notice of Amended Agenda of Matters Scheduled for Hearing on May 8, 2024, at 10:00 A.M. (ET) (Docket No. 165). Filed by Stretto. (related document(s)163, 164, 165) (Betance, Sheryl) (Entered: 05/09/2024)
05/09/2024188Affidavit/Declaration of Service re: Notice of Filing of Proposed Final DIP Order (Docket No. 138), Final Order (I) Prohibiting the Debtors Utility Providers from Altering, Refusing, or Discontinuing Services, (II) Approving the Debtors Proposed Adequate Assurance of Payment for Postpetition Utility Services, (III) Approving Procedures for Resolving Further Adequate Assurance Requests, and (IV) Granting Related Relief (Docket No. 139), Final Order (I) Authorizing the Debtors to Pay Certain Prepetition Taxes & Fees; (II) Authorizing Financial Institutions to Honor and Process Related Checks and Transfers; and (III) Granting Related Relief (Docket No. 140), Order Authorizing Retention and Appointment of Stretto, Inc. as Administrative Advisor Effective as of the Petition Date (Docket No. 141), Order (I) Extending Time to File Schedules and Statements of Financial Affairs and (II) Granting Related Relief (Docket No. 143), Final Order (I) Authorizing the Debtors to Maintain Certain Policies and Programs and to Pay All Obligations with Respect Thereto, (II) Authorizing Financial Institutions to Honor and Process Related Checks and Transfers, and (III) Granting Related Relief (Docket No. 144), Final Order (I) Authorizing the Debtors to (A) Pay Prepetition Wages, Compensation, and Benefit Obligations and (B) Continue Employee Compensation and Benefits Programs and (II) Granting Related Relief (Docket No. 145), Final Order (I) Authorizing the Debtors to (I) Maintain and Administer Their Existing Customer Programs and Honor Prepetition Obligations Related Thereto, and (II) Granting Related Relief (Docket No. 146), Order (I) Authorizing, but Not Directing, the Payment of the Critical Vendors; and (II) Granting Related Relief (Docket No. 147), Order Authorizing the Employment and Retention of SSG Advisors, LLC as Investment Banker to the Debtors Effective as of the Petition Date and a Waiver of Compliance with Certain of the Requirements of Bankruptcy Local Rule 2016-2 (Docket No. 148), Order Establishing Procedures for Interim Compensation and Reimbursement of Expenses for Professionals (Docket No. 149), Order Authorizing the Retention and Employment of Sidley Austin LLP as Attorneys for the Debtors and Debtors in Possession, Effective as of the Petition Date (Docket No. 151), Order Authorizing the Debtors (I) to Employ and Retain Armanino LLP to Provide Thomas McCabe as Chief Restructuring Officer and Additional Personnel, as Necessary, Effective as of the Petition Date, and (II) Granting Related Relief (Docket No. 152), Order (I) Authorizing the Debtors to Retain and Compensate Professionals Utilized in the Ordinary Course of Business and (II) Granting Related Relief (Docket No. 153), Order (I) Setting Bar Dates for Filing Proofs of Claim; (II) Approving Notice of Bar Dates, and (III) Granting Related Relief (Docket No. 154), Notice of Agenda of Matters Scheduled for Hearing on May 8, 2024, at 10:00 A.M. (ET) (Docket No. 155), and Final Order (I) Authorizing the Debtors (A) to Continue Use of Their Existing Cash Management System, Bank Accounts, Checks, Credit Card Program, and Business Forms, and (B) to Pay Related Prepetition Obligations; (II) Waiving Certain Investment and Deposit Guidelines; and (III) Granting Related Relief (Docket No. 156). Filed by Stretto. (related document(s)138, 139, 140, 141, 143, 144, 145, 146, 147, 148, 149, 151, 152, 153, 154, 155, 156) (Betance, Sheryl) (Entered: 05/09/2024)
05/09/2024187[SEALED] Schedules/Statements filed: Sch A-B, Sch D, Sch E-F, Sch G, Sch H, , Sum of Assets and Liabilities, Decl Concerning Debtors Schs, Stmt of Financial Affairs,. - ICON Flying Club, LLC - 24-10706 Filed by ICON Aircraft, Inc.. (Attachments: # 1 Statement of Financial Affairs) (Jacobs, Ashley) (Entered: 05/09/2024)
05/09/2024186[SEALED] Schedules/Statements filed: Sch A-B, Sch D, Sch E-F, Sch G, Sch H, , Sum of Assets and Liabilities, Decl Concerning Debtors Schs, Stmt of Financial Affairs,. - IC Technologies Inc. - 24-10705 Filed by ICON Aircraft, Inc.. (Attachments: # 1 Statement of Financial Affairs) (Jacobs, Ashley) (Entered: 05/09/2024)
05/09/2024185[SEALED] Schedules/Statements filed: Sch A-B, Sch D, Sch E-F, Sch G, Sch H, , Sum of Assets and Liabilities, Decl Concerning Debtors Schs, Stmt of Financial Affairs,. - Rycon LLC - 24-10704 Filed by ICON Aircraft, Inc.. (Attachments: # 1 Statement of Financial Affairs) (Jacobs, Ashley) (Entered: 05/09/2024)