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Fill in this information to identify the case:
United States Bankruptcy Court for the:
Case number (if known): Chapter amended filing
Official Form 201
Voluntary Petition for Non-Individuals Filing for Bankruptcy 04/16
1. Debtor's name
NORTHERN DISTRICT OF TEXAS
ValuePart, Incorporated
11
If more space is needed, attach a separate sheet to this form. On the top of any additional pages, write the debtor's name
and
the case number (if known). For more information, a separate document, Instructions for Bankruptcy Forms for Non-
2. All other names debtor usedin the last 8 years
Include any assumed names,trade names anddoingbusiness asnames
3.–3 6 4 2 0 3 8 8 0
Debtor's federal
Employer
4.
Number Number
P.O. Box
Street Street
City State ZIP Code City State ZIP Code
Number Street
City State ZIP Code
County
945 Lakeview Parkway
Suite 110
Vernon Hills IL 60061-1452
Dallas
9804 Chartwell Drive, Dallas, Texas 75243
Debtor's address Principal place of business Mailing address, if different from
principal
Location of principal assets, if different
from principal place of business
5. Debtor's website (URL) www.valuepartinc.com
6.
Corporation (including Limited Liability Company (LLC) and Limited Liability Partnership (LLP))
Partnership (excluding LLP)
Other. Specify:
Type of debtor
Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 1
Case 16-34169-hdh11 Doc 1 Filed 10/27/16 Entered 10/27/16 01:03:06 Page 1 of 22
Debtor Case number (if known)ValuePart, Incorporated
7.
A. Check one:
Health Care Business (as defined in 11 U.S.C. § 101(27A))
Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B))
Railroad (as defined in 11 U.S.C. § 101(44))
Stockbroker (as defined in 11 U.S.C. § 101(53A))
Commodity Broker (as defined in 11 U.S.C. § 101(6))
Clearing Bank (as defined in 11 U.S.C. § 781(3))
None of the above
B. Check all that apply:
Tax-exempt entity (as described in 26 U.S.C. § 501)
Investment company, including hedge fund or pooled investment vehicle (as defined in
Investment advisor (as defined in 15 U.S.C. § 80b-2(a)(11))
15 U.S.C. § 80a-3)
C. NAICS (North American Industry Classification System) 4-digit code that best describes debtor. See
http://www.uscourts.gov/four-digit-national-association-naics-codes
Describe debtor's
business
8.
Check one:
Chapter 7
Chapter 9
Chapter 12
Chapter 11. Check all that apply:
A plan is being filed with this petition.
Under which chapter of the
Bankruptcy Code is the
debtor filing?
Debtor's aggregate noncontingent liquidated debts (excluding debts
owed to
insiders or affiliates) are less than $2,566,050 (amount subject to
The debtor is a small business debtor as defined in 11 U.S.C. § 101
(51D). If the
debtor is a small business debtor, attach the most recent balance
sheet,
statement of operations, cash-flow statement, and federal income tax
Acceptances of the plan were solicited prepetition from one or more
classes of
The debtor is required to file periodic reports (for example, 10K and
10Q) with the
Securities and Exchange Commission according to § 13 or 15(d) of the
Securities
Exchange Act of 1934. File the Attachment to Voluntary Petition for Non-
The debtor is a shell company as defined in the Securities Exchange Act
of 1934
9. No
Yes. District When Case numberMM / DD / YYYY
District When Case numberMM / DD / YYYY
District When Case numberMM / DD / YYYY
Were prior bankruptcy
cases filed by or against
the debtor within the last 8
years?
If more than 2 cases, attach
a
Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 2
Case 16-34169-hdh11 Doc 1 Filed 10/27/16 Entered 10/27/16 01:03:06 Page 2 of 22
Debtor Case number (if known)ValuePart, Incorporated
10. No
Yes. Debtor
District
Relationship
MM / DD / YYYY
When
Case number, if known
Debtor
District
Relationship
MM / DD / YYYY
When
Case number, if known
Are any bankruptcy cases
pending or being filed by a
business partner or an
affiliate of the debtor?
List all cases. If more than
1,
11.
Why is the case filed inthis district?
Check all that apply:
Debtor has had its domicile, principal place of business, or principal assets in this
district for 180
days immediately preceding the date of this petition or for a longer part of such 180 days
A bankruptcy case concerning debtor's affiliate, general partner, or partnership is
pending in this
12. No
Yes.Answer below for each property that needs immediate attention. Attach additional sheets if
Why does the property need immediate attention?
Where is the property?Number Street
City State ZIP Code
needed.
(Check all that apply.)
It poses or is alleged to pose a threat of imminent and identifiable hazard to public health or
It needs to be physically secured or protected from the weather.
safety.
What is the hazard?
Other
Is the property insured?
No
Yes. Insurance agency
Contact name
Phone
Does the debtor own or
have possession of any
real property or personal
property that needs
immediate attention?
It includes perishable goods or assets that could quickly deteriorate or lose
value without
attention (for example, livestock, seasonal goods, meat, dairy, produce, or
Statistical and adminstrative information
13. Check one:
Funds will be available for distribution to unsecured creditors.
After any administrative expenses are paid, no funds will be available for distribution to unsecuredcreditors.
Debtor's estimation of
available funds
Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 3
Case 16-34169-hdh11 Doc 1 Filed 10/27/16 Entered 10/27/16 01:03:06 Page 3 of 22
B2030 (Form 2030) (12/15)
Software Copyright (c) 1996-2015 Best Case, LLC - www.bestcase.com Best Case Bankruptcy
Gardere01 - 9584370v.1
DISCLOSURE OF COMPENSATION OF ATTORNEY FOR DEBTOR(S)
1. Pursuant to 11 U .S.C. § 329(a) and Fed. Bankr. P. 2016(b), I certify that I am the attorney for the above named debtor(s) andthat compensation paid to me within one year before the filing of the petition in bankruptcy, or agreed to be paid to me, forservices rendered or to be rendered on behalf of the debtor(s) in contemplation of or in connection with the bankruptcy case isas follows:
For legal services, I have agreed to accept.................................................................... $ 200,000.00
Prior to the filing of this statement I have received ...................................................... $ 59,297.50
Balance Due ................................................................................................................. $ 140,702.501
2. The source of the compensation paid to me was:
Debtor Other (specify):
3. The source of compensation to be paid to me is:
Debtor Other (specify):
4. I have not agreed to share the above-disclosed compensation with any other person unless they are members and associatesof my law firm.
I have agreed to share the above-disclosed compensation with a person or persons who are not members or associates ofmy law firm. A copy of the agreement, together with a list of the names of the people sharing in the compensation isattached.
1 Retainer held in escrow.
Marcus A. Helt (TX 24052187)Thomas C. Scannell (TX 24070559)Mark C. Moore (TX 24074751)GARDERE WYNNE SEWELL LLP2021 McKinney AvenueSuite 1600Dallas, TX 75201Telephone: (214) 999-3000Facsimile: (214) [email protected]@[email protected]
PROPOSED COUNSEL TO THE DEBTOR
IN THE UNITED STATES BANKRUPTCY COURTFOR THE NORTHERN DISTRICT OF TEXAS
DALLAS DIVISION
In re:
VALUEPART, INCORPORATED
Debtor.
§§§§§
Chapter 11
Case No.: 16-___________
Case 16-34169-hdh11 Doc 1 Filed 10/27/16 Entered 10/27/16 01:03:06 Page 11 of 22
DISCLOSURE OF COMPENSATION OF ATTORNEY FOR DEBTOR(S)
(Continuation Sheet)
Software Copyright (c) 1996-2015 Best Case, LLC - www.bestcase.com Best Case Bankruptcy
Gardere01 - 9584370v.1
5. In return for the above-disclosed fee, I have agreed to render legal service for all aspects of the bankruptcy case, including:
a. Analysis of the debtor's financial situation, and rendering advice to the debtor in determining whether to file a petition inbankruptcy;
b. Preparation and filing of any petition, schedules, statement of affairs and plan which may be required;c. Representation of the debtor at the meeting of creditors and confirmation hearing, and any adjourned hearings thereof;
6. By agreement with the debtor(s), the above-disclosed fee does not include the following service:
CERTIFICATION
I certify that the foregoing is a complete statement of any agreement or arrangement for payment to me forrepresentation of the debtor(s) in this bankruptcy proceeding.
Date: October 26, 2016 /s/ Marcus A. HeltMarcus A. Helt (TX 24052187)Thomas C. Scannell (TX 24070559)Mark C. Moore (TX 24074751)GARDERE WYNNE SEWELL LLP2021 McKinney AvenueSuite 1600Dallas, TX 75201Telephone: (214) 999-3000Facsimile: (214) [email protected]@[email protected]
PROPOSED COUNSEL TO THE DEBTOR
Case 16-34169-hdh11 Doc 1 Filed 10/27/16 Entered 10/27/16 01:03:06 Page 12 of 22
LIST OF CREDITORS HOLDING 30 LARGEST UNSECURED CLAIMS – PAGE 1
Gardere01 - 9580091v.1
LIST OF CREDITORS HOLDING 30 LARGEST UNSECURED CLAIMS
The Debtor1 hereby files this list of creditors holding the 30 largest unsecured claims.
The list is prepared in accordance with FED. R. Bankr. P. 1007(d) for the filing in this Chapter
11 case. The list does not include (1) persons who come within the definition of “insider” set
forth in 11 U.S.C. §101(30) or (2) secured creditors unless the value of the collateral is such that
the unsecured deficiency places the creditor among the holders of the 30 largest unsecured
claims.
1The debtor in this chapter 11 case (the “Debtor”) and the last four digits of the Debtor’s federal tax identification
number are as follows: ValuePart, Incorporated (3880). The Debtor’s principal assets in this district are located at9804 Chartwell Drive, Dallas, Texas 75243.
Marcus A. Helt (TX 24052187)Thomas C. Scannell (TX 24070559)Mark C. Moore (TX 24074751)GARDERE WYNNE SEWELL LLP2021 McKinney AvenueSuite 1600Dallas, TX 75201Telephone: (214) 999-3000Facsimile: (214) [email protected]@[email protected]
PROPOSED COUNSEL TO THE DEBTOR
IN THE UNITED STATES BANKRUPTCY COURTFOR THE NORTHERN DISTRICT OF TEXAS
DALLAS DIVISION
In re:
VALUEPART, INCORPORATED
Debtor.
§§§§§
Chapter 11
Case No.: 16-___________
Case 16-34169-hdh11 Doc 1 Filed 10/27/16 Entered 10/27/16 01:03:06 Page 13 of 22
LIST OF CREDITORS HOLDING 30 LARGEST UNSECURED CLAIMS – PAGE 2
Gardere01 - 9580091v.1
RankName, Telephone Number and Complete Mailing AddressIncluding Zip Code of Employee, Agent, or Department of
Creditor Familiar with Claim Who May be Contacted
Nature of claim (tradedebt, bank loan,
government contract,etc.)
CONTINGENT∗
UNLIQUIDATED*
DISPUTED*
SUBJECT
TOSETOFF*
AMOUNT OF CLAIM
1
DAECHANG FORGING CO. LTD.#1072-1,BONGNIM-RISAENGNIM-MYEONGIMHAE-SI GYEONGSANGKOREAPHONE: 82-55-329-6571FAX: 82-55-323-1298EMAIL: [email protected]
TRADE DEBT $2,376,343.66
2
WOOSUNG HITECH CO. LTD88-1, DONGDONG-RI UIRYEONG-EUPUIRYEONG-GUN 636-802GYEONGSANGNAM-DOKOREAPHONE: 82-55-573-6914FAX: 82-55-573-6916EMAIL: [email protected]
TRADE DEBT*
$1,542,426.65
3
TAIHEIYO PRECISION MACHINERY CO. LTD.NO. 588, SHENGUANG ROADBUSINESS ADMINISTRATION PARK, JIACHINAPHONE: 86-51257681726FAX: 86-512557681727EMAIL: [email protected]
AP SETTLEMENTPLAN REPAYMENT
$1,269,990.00
∗The following information is based upon a review of the Debtor’s books and records. However, no comprehensivelegal and/or factual investigations with regard to possible defenses or counterclaims to the below-listed claims havebeen completed. Therefore, this listing does not and should not be deemed to constitute: (1) a waiver of any defense,counterclaim or offset to the below-listed claims; (2) an acknowledgment of the allowability of any of the below-listed claims; and/or (3) a waiver of any other right or legal position of the Debtor.
Case 16-34169-hdh11 Doc 1 Filed 10/27/16 Entered 10/27/16 01:03:06 Page 14 of 22
LIST OF CREDITORS HOLDING 30 LARGEST UNSECURED CLAIMS – PAGE 3
Gardere01 - 9580091v.1
RankName, Telephone Number and Complete Mailing AddressIncluding Zip Code of Employee, Agent, or Department of
Creditor Familiar with Claim Who May be Contacted
Nature of claim (tradedebt, bank loan,
government contract,etc.)
CONTINGENT∗
UNLIQUIDATED*
DISPUTED*
SUBJECT
TOSETOFF*
AMOUNT OF CLAIM
4
INTERTRACTOR AMERICA CORP.4599 PAYSHERE CIRCLECHICAGO, IL 60674PHONE: 262-723-6000FAX: 262-723-4720
AP SETTLEMENTPLAN REPAYMENTAND TRADE DEBT
$939,702.00
5
NIXON PEABODY LLP3500 THREE FIRST NATIONAL PLAZACHICAGO, IL 60602-4283PHONE: 312-977-4405FAX: 312-977-4400
OR
NIXON PEABODY LLP70 WEST MADISON, SUITE 3500CHICAGO, IL 60602-4224
AP SETTLEMENTPLAN REPAYMENT
*
$904,966.29
6
HANGZHOU ZHONGCE RUBBER CO.YONGGU FACTORYNO. 527 DENGYUN ROADHANGZHOU, CHINA, 310011CHINAPHONE: 86 57188096631FAX: 86 57188098971EMAIL: [email protected]
TRADE DEBT $814,631.86
7
KUNSHAN KENSETSU BUHIN CO. LTD.1001 CHANGJIANG NORTH ROADKUNSHAN CITY, JIACHINAPHONE: 86 8651257688889FAX: 86 8651257688968EMAIL: [email protected]
TRADE DEBT $767,336.00
Case 16-34169-hdh11 Doc 1 Filed 10/27/16 Entered 10/27/16 01:03:06 Page 15 of 22
LIST OF CREDITORS HOLDING 30 LARGEST UNSECURED CLAIMS – PAGE 4
Gardere01 - 9580091v.1
RankName, Telephone Number and Complete Mailing AddressIncluding Zip Code of Employee, Agent, or Department of
Creditor Familiar with Claim Who May be Contacted
Nature of claim (tradedebt, bank loan,
government contract,etc.)
CONTINGENT∗
UNLIQUIDATED*
DISPUTED*
SUBJECT
TOSETOFF*
AMOUNT OF CLAIM
8
DUFERDOFIN SPAVIA PERUZZI58-52027 SAN GIOVANNI VALDARN ITALYPHONE: 39-055-9124539FAX: 39-055-943488EMAIL: [email protected]
AP SETTLEMENTPLAN REPAYMENT
$734,917.66
9
VALUEPART CHANGTAI MACHINERYPRODUCTION CO.111 NEWXIAMENCHINAPHONE: 86-180 5074 6922FAX: 86-0596-8369394EMAIL: [email protected]
TRADE DEBT $556,870.10
10
BUSINESS DEVELOPMENT (CHINA) LIMITEDATTN: MISS MIMI YEUNGROOM 2309, 23 FLOOR118 CONNAUGHT, WESTHONG KONGCHINAPHONE: 86 85225595342FAX: 852-2517-2663EMAIL: [email protected]
TRADE DEBT $534,795.36
11
EULER HERMES AGENT FOR SEJIN LLC (TRACKINNOVATION LTD TOTAL (SEJIN))800 RED BROOK BOULEVARDSUITE 400COWINGS MILLS, MD 21117PHONE: 800-237-9386FAX: 410-902-8461EMAIL: [email protected]
AP SETTLEMENTPLAN REPAYMENT
$533,731.68
Case 16-34169-hdh11 Doc 1 Filed 10/27/16 Entered 10/27/16 01:03:06 Page 16 of 22
LIST OF CREDITORS HOLDING 30 LARGEST UNSECURED CLAIMS – PAGE 5
Gardere01 - 9580091v.1
RankName, Telephone Number and Complete Mailing AddressIncluding Zip Code of Employee, Agent, or Department of
Creditor Familiar with Claim Who May be Contacted
Nature of claim (tradedebt, bank loan,
government contract,etc.)
CONTINGENT∗
UNLIQUIDATED*
DISPUTED*
SUBJECT
TOSETOFF*
AMOUNT OF CLAIM
12
BLACK CAT BLADES5604 - 59TH STREETEDMONTON, AB T6B 3C3CANADAPHONE: 1 (780) 465-6666FAX: 780-465-9595EMAIL:[email protected]
TRADE DEBT $529,195.31
13
FEDERAL MOGUL CORP27300 WEST 11 MILE ROADSOUTHFIELD, MI 48034PHONE: 800-521-8605FAX: 714-899-1810EMAIL: [email protected]
AP SETTLEMENTPLAN REPAYMENT
$481,661.16
14
JEMCO SDN. BHD.48 PERSIARAN SEGAMBUT TENGAHSEGAMBUT 51200KUALA LUMPURMALAYSIAPHONE: 60362511681FAX: 60362513731EMAIL: [email protected]
TRADE DEBT $419,103.76
15
PUKDOO INDUSTRIAL CO. LTD.90 BEONNYEONG-RO DANWON-GUANSAN-SIGYEONGGI-DO 15416 KOREAPHONE: 82-31-433-4521FAX: 82-31-432-4407EMAIL: [email protected]
TRADE DEBT $413,725.00
Case 16-34169-hdh11 Doc 1 Filed 10/27/16 Entered 10/27/16 01:03:06 Page 17 of 22
LIST OF CREDITORS HOLDING 30 LARGEST UNSECURED CLAIMS – PAGE 6
Gardere01 - 9580091v.1
RankName, Telephone Number and Complete Mailing AddressIncluding Zip Code of Employee, Agent, or Department of
Creditor Familiar with Claim Who May be Contacted
Nature of claim (tradedebt, bank loan,
government contract,etc.)
CONTINGENT∗
UNLIQUIDATED*
DISPUTED*
SUBJECT
TOSETOFF*
AMOUNT OF CLAIM
16
MODENA PARTS S.R.L.VIA RAIMONDO DALLA COSTA, 183MODENA, 41100ITALYPHONE: 39 -059-7108905FAX: 39-059-260732EMAIL: [email protected]
AP SETTLEMENTPLAN REPAYMENT
$331,588.94
17
JIANGXI JINLILONG IMP & EXP CO. LTDTECHNOLOGICAL INDUSTRIAL ZONEJIANGXISHANGGAOCHINAPHONE: 86 7952505576FAX: 86 7952505577EMAIL: [email protected]
TRADE DEBT $300,574.84
18
DONG AH CONSTR. IND. CO. LTDCHANG-WON BOLT PLANT91 DAEWON-DONGCHANGWONKOREAPHONE: 82 552734581FAX: 82 552733122EMAIL: [email protected]
TRADE DEBT $285,910.10
19
FEDEX FREIGHTDEPT CH, P.O. BOX 103PALATINE, IL 60055-0306PHONE: 866-393-4585FAX: 870-741-3003
TRADE DEBT $274,075.48
Case 16-34169-hdh11 Doc 1 Filed 10/27/16 Entered 10/27/16 01:03:06 Page 18 of 22
LIST OF CREDITORS HOLDING 30 LARGEST UNSECURED CLAIMS – PAGE 7
Gardere01 - 9580091v.1
RankName, Telephone Number and Complete Mailing AddressIncluding Zip Code of Employee, Agent, or Department of
Creditor Familiar with Claim Who May be Contacted
Nature of claim (tradedebt, bank loan,
government contract,etc.)
CONTINGENT∗
UNLIQUIDATED*
DISPUTED*
SUBJECT
TOSETOFF*
AMOUNT OF CLAIM
20
NINGBO TUOXING PRECISION CASTING CO.LTDBAIDU, XIWU315558FENGHUACHINAPHONE: 86 57488545657FAX: 86 57488545655EMAIL: [email protected]
AP SETTLEMENTPLAN REPAYMENTAND TRADE DEBT
$267,279.24
21
ZHENJIANG TONLY RUBBER CO LTDINT'L CHEMICAL & IND GARDENNO. 79 SONGLINSHAN RDZHENJIANG JIANGSU PRCHINAPHONE: 86 051185481446FAX: 86 051185487707EMAIL: [email protected]
TRADE DEBT $249,344.98
22
PETER WITTWER NORTH AMERICA7260 SOLUTION CENTERCHICAGO, IL 60677-7002PHONE: 727-588-2366FAX: 727-588-2466
TRADE DEBT $228,545.28
23
INDUS TRAC PARTS-NY28-15 14TH STREETLONG ISLAND CITY, NY 11102PHONE: 718-721-6661FAX: 718-721-1128EMAIL: [email protected]
TRADE DEBT $203,200.52
Case 16-34169-hdh11 Doc 1 Filed 10/27/16 Entered 10/27/16 01:03:06 Page 19 of 22
LIST OF CREDITORS HOLDING 30 LARGEST UNSECURED CLAIMS – PAGE 8
Gardere01 - 9580091v.1
RankName, Telephone Number and Complete Mailing AddressIncluding Zip Code of Employee, Agent, or Department of
Creditor Familiar with Claim Who May be Contacted
Nature of claim (tradedebt, bank loan,
government contract,etc.)
CONTINGENT∗
UNLIQUIDATED*
DISPUTED*
SUBJECT
TOSETOFF*
AMOUNT OF CLAIM
24
HAIYANG DELI FOUNDRY CO.LTDN.76 HAIYUAN ROADSHANDONGHAIYANG CITYCHINAPHONE: 86 189535881723FAX: 86 5353291176EMAIL: [email protected]
TRADE DEBT $202,558.50
25
PASSINI HOLDINGSVIA PIAN MARGHERIDONE N. 59041021 FANANO, MOPHONE: 39-0536-66007FAX: 39-0536-66519EMAIL: [email protected]
AP SETTLEMENTPLAN REPAYMENT
$183,917.20
26
FOTRA CORP25872 FIVE CANYONS PARKWAYCASTRO VALLEY, CA 94552-5544PHONE: (510) 728-7772FAX: 510-728-7774EMAIL: [email protected]
AP SETTLEMENTPLAN REPAYMENT
$182,242.78
27
HANJIN HEAVY INDUSTRY CO.827,GANGJU-RIPUBSOO-MYEON, HUMAN-GUNGYEONGNAMKOREAPHONE: 82-55-582-6111FAX: 82 55 582 6114EMAIL: [email protected]
TRADE DEBT $146,820.00
Case 16-34169-hdh11 Doc 1 Filed 10/27/16 Entered 10/27/16 01:03:06 Page 20 of 22
LIST OF CREDITORS HOLDING 30 LARGEST UNSECURED CLAIMS – PAGE 9
Gardere01 - 9580091v.1
RankName, Telephone Number and Complete Mailing AddressIncluding Zip Code of Employee, Agent, or Department of
Creditor Familiar with Claim Who May be Contacted
Nature of claim (tradedebt, bank loan,
government contract,etc.)
CONTINGENT∗
UNLIQUIDATED*
DISPUTED*
SUBJECT
TOSETOFF*
AMOUNT OF CLAIM
28
STUDIO LEGALE SALARDI41123 MODENAVIA C. COSTA, 19/DMODENA, 41123ITALYPHONE: 39 (39) 3959332676FAX: 39 39059822023
AP SETTLEMENTPLAN REPAYMENT
$146,169.00
29
NINGBO YINZHOU PRECISION CASTINGHARDWARE FACTORYINDUSTRIAL ZONE HEHUA BRIDGESOUTHERN SUBURBNINGBO CITYCHINAPHONE: 0086-57488474588FAX: 86 57488345728EMAIL: [email protected]
AP SETTLEMENTPLAN REPAYMENTAND TRADE DEBT
$133,059.38
30
R & L CARRIERS INC.600 GILLIAM RDWILMINGTON, OH 45177-9089PHONE: 937-382-1494 2024FAX: 937-382-1251
TRADE DEBT $128,986.81
Case 16-34169-hdh11 Doc 1 Filed 10/27/16 Entered 10/27/16 01:03:06 Page 21 of 22