Mercon Coffee Says Ch. 11 Releases Aren't Insider Incentives

By Clara Geoghegan · July 5, 2024, 5:43 PM EDT

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...

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Bankruptcy Scorecard

Summary

Coffee supplier Mercon Coffee Group hit Chapter 11 in New York in December with $363 million in funded debt.

Case Number

1:23-bk-11945

Judge

Michael E. Wiles

Venue

U.S. Bankruptcy Court for the Southern District of New York

Capital Structure

Total Liabilities:

$363 million

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Documents

Related Sections

Case Information

Case Title

Mercon Coffee Corporation

Case Number

1:23-bk-11945

Court

New York Southern

Nature of Suit

Date Filed

December 06, 2023

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