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Allied Systems Holdings, Inc., et al., v. UNITED STATES BANKRUPTCY Court for the DISTRICT of DELAWARE. The Debtors seek an order authorizing them to pay certain claims of Critical Vendors and granting certain other relief. The Court has considered the motion, the Declaration of Scott D. Macaulay in Support of Chapter 11 Petitions and First Day Motions.
Allied Systems Holdings, Inc., et al., v. UNITED STATES BANKRUPTCY Court for the DISTRICT of DELAWARE. The Debtors seek an order authorizing them to pay certain claims of Critical Vendors and granting certain other relief. The Court has considered the motion, the Declaration of Scott D. Macaulay in Support of Chapter 11 Petitions and First Day Motions.
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Allied Systems Holdings, Inc., et al., v. UNITED STATES BANKRUPTCY Court for the DISTRICT of DELAWARE. The Debtors seek an order authorizing them to pay certain claims of Critical Vendors and granting certain other relief. The Court has considered the motion, the Declaration of Scott D. Macaulay in Support of Chapter 11 Petitions and First Day Motions.
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Attribution Non-Commercial (BY-NC)
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Descărcați ca PDF, TXT sau citiți online pe Scribd
FOR THE DISTRICT OF DELAWARE Chapter 11 ALLIED SYSTEMS HOLDINGS, INC., et al.,t Case No. 12-11564 (CSS) Debtors. (Jointly Administered) Re: Docket Nos. 74, 106, 122, 149, 154 & __ FINAL ORDER AUTHORIZING, BUT NOT DIRECTING, THE DEBTORS TO PAY CERTAIN CLAIMS OF CRITICAL VENDORS AND GRANTING CERTAIN OTHER RELIEF This matter is before the Court on the motion of Allied Systems Holdings, Inc. and certain ("Allied Holdings") and its U.S. and Canadian subsidiaries (collectively, the "Debtors") for an order, pursuant to 11 U.S.C. 105(a) and 363 authorizing them to pay certain claims which are due to certain Critical Vendors 2 and which arose before the commencement of these Chapter 11 Cases and granting certain other relief (the "Motion"). The Court has considered the Motion, the Declaration of Scott D. Macaulay in Support of Chapter 11 Petitions and First Day Motions, and the matters reflected in the record of the hearing held on the Motion. It appears that the Court has jurisdiction over this proceeding pursuant to 28 U.S.C. 157 and 1334; that this is a core proceeding pursuant to 28 U.S.C. 157(b)(2); that The Debtors in these cases, along with the federal tax identification number (or Canadian business number where applicable) for each of the Debtors, are: Allied Systems Holdings, Inc. (58-0360550); Allied Automotive Group, Inc. (58-2201081); Allied Freight Broker LLC (59-2876864); Allied Systems (Canada) Company (90- 0169283); Allied Systems, Ltd. (L.P.) (58-1710028); Axis Areta, LLC (45-5215545); Axis Canada Company (875688228); Axis Group, Inc. (58-2204628); Commercial Carriers, Inc. (38-0436930); CT Services, Inc. (38- 2918187); Cordin Transport LLC (38-1985795); F.J. Boutell Driveaway LLC (38-0365100); GACS Incorporated (58-1944786); Logistic Systems, LLC (45-4241751); Logistic Technology, LLC (45-4242057); QAT, Inc. (59- 2876863); RMX LLC (31-0961359); Transport Support LLC (38-2349563); and Terminal Services LLC (91- 0847582). The location of the Debtors' corporate headquarters and the Debtors' address for service of process is 2302 Parklake Drive, Bldg. 15, Ste. 600, Atlanta, Georgia 30345. 2 Capitalized terms used herein but not otherwise defines shall have the meanings ascribed to them in the Motion . RLFI 6146992v. I the Debtors have provided appropriate notice of the Motion and the opportunity for a hearing on the Motion under the circumstances and that no further notice is necessary; and that the relief sought in the motion is in the best interests of the Debtors, their estates, and their creditors; and that good and sufficient cause exists for such relief. Accordingly, it is hereby ORDERED as follows: 1. The Motion is GRANTED as set forth herein on a final basis. 2. The Debtors are authorized, bot not directed, in the reasonable exercise of their business judgment, to pay all or part of, on a case-by-case basis, the Critical Vendor Claims in an aggregate amount not to exceed $1,100,000 (inclusive of the $800,000 cap approved pursuant to the Interim Order). 3. In accordance with this Order and any other order of this Court, each of the
financial institutions at which the Debtors maintain their accounts relating to the prepetition or postpetition obligations are authorized to honor checks presented for payment and all fund transfer requests made by the Debtors related to such obligations to the extent that sufficient funds are on deposit in such accounts. 4. Nothing herein shall impair the Debtors' ability to contest, without prejudice, in their sole discretion, the validity and amounts of any claim obligations to the Critical Vendors. 5. The Debtors are authorized to issue postpetition checks or to make additional electronic payment requests with respect to payment of a Critical Vendor Claim or Lien Claim, in the event prepetition checks or electronic payment requests are dishonored or rejected. 6. If any Critical Vendor accepts payment on account of a Critical Vendor Claim and thereafter fails to extend credit on terms substantially the same as or better than those provided by the Critical Vendor to the Debtors prepetition, any such payment shall be deemed an
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unauthorized postpetition transfer under Section 549 of the Bankruptcy Code and shall be recoverable by the Debtors in cash or goods. 7. Nothing herein shall permit the Debtors to waive any actions against any Critical Vendor arising under Chapter 5 of the Bankruptcy Code without further order of the Court following consultation with the Official Committee of Unsecured Creditors appointed in these Chapter 11 Cases. 8. The requirements set forth in Bankruptcy Rule 6004(a) and the Local Bankruptcy Rules are satisfied by the contents of the Motion. 9. Notwithstanding Bankruptcy Rule 6004(h) the terms and conditions of this Order shall be immediately effective and enforceable upon its entry. 10. The Debtors are authorized all actions necessary to effectuate the relief granted pursuant to this Order in accordance with the Motion . 11. This Court shall retain jurisdiction to interpret and enforce this Order. Dated: July Jf)2012 Wilmington, Delaware RLFI 6146992v. I CHRISTOPHER S. SONTCHI UNITEDSTATESBANKRUPTCYJUDGE - 3 -
Order (I) Authorizing Prepetition Wage, Salary and Benefit Payments (Ii) Authorizing Employee Benefit Programs and Directing All Banks To Honor Related Prepetition Checks