Paddock Enterprises, LLC

  1. April 07, 2020

    COVID-19 Kicks Owens-Illinois Ch. 11 Probe Back A Month

    The Delaware bankruptcy judge overseeing the Chapter 11 case of an Owens-Illinois spinoff on Tuesday moved a hearing on the appointment of an examiner and a representative for asbestos claimants back a month to buy time to work around COVID-19 lockdowns.

  2. March 12, 2020

    Owens-Illinois Unit's Asbestos Claimants Fight Ch. 11 Probe

    Representatives for asbestos-injury claimants in Owens-Illinois unit Paddock Enterprises LLC's Chapter 11 objected Wednesday to the federal bankruptcy watchdog's bid for an examiner to be appointed, arguing they are already looking into prepetition transactions the U.S. trustee has called into question.

  3. March 10, 2020

    Owens-Illinois Unit Fights US Trustee's Push For Ch. 11 Probe

    Paddock Enterprises LLC told a Delaware bankruptcy court Monday that the Office of the U.S. Trustee's bid for an investigation into Owens-Illinois Inc.'s transfer of assets and asbestos liabilities to Paddock before putting the subsidiary into Chapter 11 is "without merit."

  4. March 06, 2020

    US Trustee Knocks Owens-Illinois' Pick For Ch. 11 Claims Rep

    The Office of the U.S. Trustee objected Friday in Delaware to the proposed representative for future asbestos claims in the Chapter 11 case of Owens-Illinois spinoff Paddock Enterprises LLC, saying it's too early to select a representative or retain counsel for him.

  5. February 25, 2020

    US Trustee Asks For Ch. 11 Probe Into Owens-Illinois Spinoff

    The U.S. Trustee's Office has asked a Delaware bankruptcy court to appoint an examiner to look into glassmaker Owens-Illinois' spinoff of Paddock Enterprises LLC just before Paddock's Chapter 11 filing and the asbestos liabilities it passed to the new company.