Morris Nichols Bankruptcy Alert - BeavEx Holding Corporation and Certain of Its Affiliates File Chapter 11 Bankruptcy Cases in Delaware
On February 18, 2019, BeavEx Holding Corporation and certain of its affiliates filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. As a courtesy to our clients and friends, the Morris Nichols Business Reorganization & Restructuring Group has summarized information related to the filings below.
Lead Case No. – 19-10316.
Debtors – BeavEx Holding Corporation; BeavEx Acquisition, Inc.; BeavEx Incorporated; USXP, LLC; and JNJW Enterprises, Inc.
Description of Debtors – Providers of ground and air transportation, warehousing and courier services.
Website of Debtors (URL) – www.beavex.com.
Assigned Judge – The Honorable Laurie Selber Silverstein.
Proposed Counsel – The Debtors' proposed bankruptcy counsel is Young Conaway Stargatt & Taylor, LLP.
Proposed CRO – Donald Van der Wiel of G2 Capital Advisors.
Plan Status – No Plan was filed with the petitions.
First Day Hearing – A first day hearing has been scheduled for February 20, 2019 at 11:00 a.m. ET.
Bankruptcy Documents –
Please do not hesitate to contact any member of the Morris Nichols Business Reorganization & Restructuring Group if we can be of assistance.