New Chapter 11 Filing – Shiloh Industries, Inc.
On August 30, 2020, Shiloh Industries, Inc., a supplier of noise and vibration solutions to the automotive, commercial vehicle and industrial segments based in Valley City, Ohio, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case 20-12024), along with several affiliates. The company reports $664.2 million in consolidated assets and $563.4 million in consolidated liabilities. A copy of the company’s petition, top 50 unsecured creditors, and board resolutions referencing DIP financing and a stock and asset purchase agreement with Grouper Holdings, LLC for the sale of substantially all of the assets and properties of the company can be found here.
Cole Schotz does not represent the Debtor in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtors’ counsel.
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