Filing Alert: UPG Enterprises Chapter 11
UPG Enterprises LLC, an Oak Brook, IL-based operator of a diverse set of industrial companies focused on metals, manufacturing, distribution, and logistics, ...
UPG Enterprises LLC and its debtor affiliates⁽¹⁾, an Oak Brook, IL-based operator of a diverse set of industrial companies focused on metals, manufacturing, distribution, and logistics, filed for Chapter 11 protection on Sep. 22 in the U.S. Bankruptcy Court for the Northern District of Illinois.
The company reports $1 million to $10 million in assets and $10 million to $50 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-15734.
⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.
Chapter 11 Debtors
Top Unsecured Claims
Key Parties
Counsel:
- Michael M. Eidelman
Vedder Price, P.C.
Email: meidelman@vedder.com
Bankruptcy Counsel:
- Morris, Nichols, Arsht & Tunnell LLP
Financial Advisor:
- GlassRatner Advisory & Capital Group, LLC
Investment Banker:
- SC&H Capital
Claims, Administrative, and Solicitation Agent:
- Epiq Corporate Restructuring, LLC
Signatories:
- John Sordillo – Authorized Person
Equity Security Holders:
- Christopher G. Hutter – 50% Equity Interest
- Paul D. Douglass – 50% Equity Interest