New Chapter 11 Filing – Nova Wildcat Shur-Line Holdings, LLC
On January 29, 2023, New Jersey-based Nova Wildcat Shur-Line Holdings, LLC, a leader in designing convenience tools that make painting projects easier, faster and even fun, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 23-10114). The company reports approximately $10 to $50 million in both assets and liabilities. According to the resolutions attached to the petition, the Debtors desire to enter into a $3.7 million DIP financing credit agreement with PNC Bank, National Association, as administrative agent and PNC Capital Markets LLC, as lead arranger.
Cole Schotz does not represent the Debtors 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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