Presperse Corporation
11
Michael B. Kaplan
09/09/2024
06/13/2025
Yes
v
| CLMAGT |
Assigned to: Judge Michael B. Kaplan Chapter 11 Voluntary Asset |
|
Debtor Presperse Corporation
19 Schoolhouse Road Somerset, NJ 08873 SOMERSET-NJ Tax ID / EIN: 27-3377527 aka Presperse International Corporation |
represented by |
Morris S. Bauer
Duane Morris LLP 200 Campus Drive Suite 300 Florham Park, NJ 07932-1007 973-424-2037 Fax : 973-556-1380 Email: MSBauer@duanemorris.com Drew S. McGehrin
Duane Morris LLP 30 S. 17th Street Philadelphia, PA 19103-4196 215-979-7334 Fax : 215-689-2165 Email: dsmcgehrin@duanemorris.com |
U.S. Trustee U.S. Trustee
US Dept of Justice Office of the US Trustee One Newark Center Ste 2100 Newark, NJ 07102 (973) 645-3014 |
represented by |
Lauren Bielskie
DOJ-Ust One Newark Center Suite 2100 Newark, NJ 07102 973-645-2939 Email: lauren.bielskie@usdoj.gov Jeffrey M. Sponder
Office of U.S. Trustee One Newark Center Newark, NJ 07102 973-645-2379 Email: jeffrey.m.sponder@usdoj.gov |
| Date Filed | # | Docket Text |
|---|---|---|
| 05/29/2025 | Minute of Hearing Held, OUTCOME: Granted - Order to be Submitted within 30 days (related document:24 Motion re: Debtors Motion for Entry of Order (I) Conditionally Approving Disclosure Statement as Providing Adequate Information with the Meaning of Section 1125(A) of the Bankruptcy Code; (II) Establishing Procedures for Solicitation and Tabulation of Votes on Plan of Reorganization; (III) Approving the Form of Ballots; (IV) Scheduling a Hearing on Confirmation of the Plan; (V) Approving the Form, Manner and Scope of Mailed and Published Notices of the Time Fixed to (A) Vote on the Plan, and (B) File Objections to Confirmation of the Plan; and (VI) Granting Related Relief Filed by Morris S. Bauer on behalf of Presperse Corporation. (Attachments: # 1 Exhibit A - Notice of Non-voting Status # 2 Exhibit B - Opt Out Election Form # 3 Exhibit C - Form of Individual Ballot # 4 Exhibit D - Form of Master Ballot # 5 Exhibit E - Form of Ballot for Indirect Talc Personal Injury Claims # 6 Exhibit F - Combined Hearing Notice # 7 Proposed Order) Filed by Debtor Presperse Corporation) (llb) (Entered: 05/29/2025) | |
| 05/29/2025 | 450 | Supplemental Objection to Debtors Solicitation Procedures Motion (related document:24 Motion re: Debtors Motion for Entry of Order (I) Conditionally Approving Disclosure Statement as Providing Adequate Information with the Meaning of Section 1125(A) of the Bankruptcy Code; (II) Establishing Procedures for Solicitation and Tabulation of Votes on Plan of Reorganization; (III) Approving the Form of Ballots; (IV) Scheduling a Hearing on Confirmation of the Plan; (V) Approving the Form, Manner and Scope of Mailed and Published Notices of the Time Fixed to (A) Vote on the Plan, and (B) File Objections to Confirmation of the Plan; and (VI) Granting Related Relief Filed by Morris S. Bauer on behalf of Presperse Corporation. (Attachments: # 1 Exhibit A - Notice of Non-voting Status # 2 Exhibit B - Opt Out Election Form # 3 Exhibit C - Form of Individual Ballot # 4 Exhibit D - Form of Master Ballot # 5 Exhibit E - Form of Ballot for Indirect Talc Personal Injury Claims # 6 Exhibit F - Combined Hearing Notice # 7 Proposed Order) filed by Debtor Presperse Corporation) filed by Jay Lavroff on behalf of Hartford Casualty Insurance Company, Hartford Fire Insurance Company. (Lavroff, Jay) (Entered: 05/29/2025) |
| 05/28/2025 | 449 | Affidavit of Service filed by Kroll Restructuring Administration LLC (related document(s)436, 437, 435). (Pagan, Chanel) (Entered: 05/28/2025) |
| 05/28/2025 | 448 | Application for Attorney Heather Frazier of Gilbert LLP to Appear Pro Hac Vice Filed by Rachel Jaffe Mauceri on behalf of Official Committee of Talc Claimants. Objection deadline is 6/4/2025. (Attachments: # 1 Certification # 2 Proposed Order) (Mauceri, Rachel) (Entered: 05/28/2025) |
| 05/28/2025 | TEXT ORDER: The Court issues this Text Order to clarify that it will proceed tomorrow, Thursday, May 29, 2025 at 10:00am, with the hearing on the Motion for Conditional Approval of the Disclosure Statement (ECF No. 24), and will address the adequacy of the recently-filed Modified Disclosure Statement (ECF No. 436) submitted along with the Modified Chapter 11 Plan (ECF No. 435). The hearing will be hybrid, meaning parties may appear either in person or remotely via Zoom by using the Zoom link available on Judge Kaplans page on the Court website: https://www.njb.uscourts.gov/content/honorable-michael-b-kaplan. Signed on 5/28/2025. (dmi) (Entered: 05/28/2025) | |
| 05/28/2025 | 447 | Notice of Agenda filed by Morris S. Bauer on behalf of Presperse Corporation. (Bauer, Morris) (Entered: 05/28/2025) |
| 05/28/2025 | 446 | Certification of No Objection (related document:401 Monthly Fee Statement filed by Interested Party Official Committee of Talc Claimants) filed by Rachel Jaffe Mauceri on behalf of Official Committee of Talc Claimants. (Mauceri, Rachel) (Entered: 05/28/2025) |
| 05/27/2025 | 445 | Response to (related document:78 Objection to (related document:24 Motion re: Debtors Motion for Entry of Order (I) Conditionally Approving Disclosure Statement as Providing Adequate Information with the Meaning of Section 1125(A) of the Bankruptcy Code; (II) Establishing Procedures for Solicitation and Tabulation of Votes on Plan of Reorganization; (III) Approving the Form of Ballots; (IV) Scheduling a Hearing on Confirmation of the Plan; (V) Approving the Form, Manner and Scope of Mailed and Published Notices of the Time Fixed to (A) Vote on the Plan, and (B) File Objections to Confirmation of the Plan; and (VI) Granting Related Relief Filed by Morris S. Bauer on behalf of Presperse Corporation. (Attachments: # 1 Exhibit A - Notice of Non-voting Status # 2 Exhibit B - Opt Out Election Form # 3 Exhibit C - Form of Individual Ballot # 4 Exhibit D - Form of Master Ballot # 5 Exhibit E - Form of Ballot for Indirect Talc Personal Injury Claims # 6 Exhibit F - Combined Hearing Notice # 7 Proposed Order) filed by Debtor Presperse Corporation) filed by Jay Lavroff on behalf of Hartford Casualty Insurance Company, Hartford Fire Insurance Company. filed by Interested Party Hartford Fire Insurance Company, Interested Party Hartford Casualty Insurance Company, 435 Modified Chapter 11 Plan Filed by Morris S. Bauer on behalf of Presperse Corporation. filed by Debtor Presperse Corporation, 436 Modified Disclosure Statement Filed by Morris S. Bauer on behalf of Presperse Corporation. filed by Debtor Presperse Corporation) filed by Morris S. Bauer on behalf of Presperse Corporation. (Bauer, Morris) (Entered: 05/27/2025) |
| 05/27/2025 | 444 | Document re: Notice of Filing Exhibits to Disclosure Statement for the Joint Prenegotiated Plan of Reorganization of Presperse Corporation Pursuant to Chapter 11 of the Bankruptcy Code (related document:436 Disclosure Statement filed by Debtor Presperse Corporation) filed by Morris S. Bauer on behalf of Presperse Corporation. (Attachments: # 1 Exhibit B to Disclosure Statement - Financial Statements and Financial Projections # 2 Exhibit C to Disclosure Statement - Liquidation Analysis) (Bauer, Morris) (Entered: 05/27/2025) |
| 05/27/2025 | 443 | Certificate of Service (related document:439 Monthly Fee Statement filed by Other Prof. Heather Barlow, Legal Representative for Future Talc Personal Injury Claimants, 440 Monthly Fee Statement filed by Attorney Young Conaway Stargatt & Taylor, LLP) filed by Edwin J Harron on behalf of Heather Barlow, Legal Representative for Future Talc Personal Injury Claimants. (Harron, Edwin) (Entered: 05/27/2025) |