Mercon Coffee Corporation
Case Number:
1:23-bk-11945
Court:
Nature of Suit:
Firms
- Baker McKenzie
- Cadwalader Wickersham
- Chipman Brown
- Clifford Chance
- Davis Polk
- Davis Wright Tremaine
- Linebarger Goggan
- Locke Lord
- Norton Rose
- O'Melveny & Myers
- Patterson Belknap
- Togut Segal
- Warshaw Burstein
- Whiteford Taylor
- Windels Marx
Companies
Sectors & Industries:
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October 25, 2024
Under The Radar: Bankruptcy News You May Have Missed
Brazilian airline GOL Linhas wants five more months to file a Chapter 11 plan, the U.S. trustee in Texas is champing at the bit to obtain documents from Jackson Walker LLP in connection with an investigation into ex-Judge David R. Jones, and talc claimants want another shot at moving the bankruptcy of a Johnson & Johnson unit out of Texas, the home of the divisional merger.
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August 05, 2024
Byju's Ex-Exec Fined, Giuliani Case Over, Ebix Gets Plan OK
A former executive of a subsidiary of Indian tech giant Byju's is facing $10,000 a day in contempt fines, ex-New York City mayor Rudy Giuliani's bankruptcy case is over, and insurance software company Ebix got approval for its Chapter 11 plan. This was the week in bankruptcy.
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July 31, 2024
Mercon Coffee's Ch. 11 Liquidation Plan Confirmed
A New York bankruptcy judge has confirmed the liquidation plan for coffee supplier Mercon Coffee Corp. after ruling earlier this month the company can't reward corporate insiders who stuck with it through its Chapter 11 case with a release from future litigation.
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July 22, 2024
Mercon Coffee Can't Grant Insider Releases, Judge Rules
A New York bankruptcy judge has ruled that coffee supplier Mercon Coffee Group can't reward corporate insiders who stuck with the company through its Chapter 11 case with a release from future litigation.
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July 05, 2024
Mercon Coffee Says Ch. 11 Releases Aren't Insider Incentives
Bankrupt coffee supplier Mercon Coffee Group defended employee releases in its Chapter 11 liquidation plan, telling a New York bankruptcy court that Section 503(c) of the Bankruptcy Code limits payment of administrative expenses to insiders, not release of claims.
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June 28, 2024
Mercon Coffee Given More Time To Explain Insider Releases
At its confirmation hearing Friday, Mercon Coffee Corp. said it needs more time to brief a New York bankruptcy judge on why certain employees are eligible for releases that were meant to keep them at the company.
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May 14, 2024
Mercon Coffee's Ch. 11 Plan Disclosures Need More Brewing
A New York bankruptcy judge on Tuesday said Mercon Coffee's Chapter 11 plan releases were so hard to parse in a proposed disclosure statement that he struggled to understand them and doubted a creditor could do so, before adjourning a hearing on the matter at the debtor's request.
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May 13, 2024
US Trustee Blasts Mercon Coffee Ch. 11 Plan Disclosures
The U.S. Trustee's Office asked a New York bankruptcy judge to reject Mercon Coffee's Chapter 11 plan disclosure statement, saying it contains insufficient information for plan voters and the company hasn't properly gotten consent for its third-party claims releases.
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April 10, 2024
Mercon Coffee Eyes $10M Ch. 11 Sale Of Vietnam Biz
Mercon Coffee, one of the largest coffee suppliers in the world, has urged a New York bankruptcy judge to approve an agreement to sell its interest in its Vietnam export operations for around $10 million, reasoning the deal was "the highest and best offer" it garnered.
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February 28, 2024
Bankrupt Coffee Co. Says Nicaraguan Asset Sale Unlikely
Coffee supplier Mercon Coffee Corp. Wednesday told a New York bankruptcy judge it no longer believes it will be able to win government cooperation for the sale of its Nicaraguan assets before it runs out of cash to fund its Chapter 11 case.