Exide Technologies, LLC

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Case overview

Case Number:

1:13-bk-11482

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

November 20, 2014
Exide Gets Nod For Plant Pact With Calif. Enviro Regulator

A Delaware bankruptcy judge signed off on a settlement between battery maker Exide Technologies Inc. and a California environmental regulator Thursday that paves the way for Exide to restart its idled Vernon, California, lead-recycling plant.
November 18, 2014
Exide Floats Ch. 11 Plan To Trim Debt By $600M

Battery maker Exide Technologies Inc. unveiled a Chapter 11 plan on Monday in Delaware bankruptcy court that would see the company emerge from bankruptcy as a going concern with a debt load reduced by roughly $600 million.
November 17, 2014
LA Says Exide's Ch. 11 Vernon Plant Deal Moving Too Fast

Both the city and county of Los Angeles balked Monday at the speed of a nearly $50 million deal bankrupt Exide Technologies Inc. struck with California regulators over its troubled Vernon plant, arguing they need more time to evaluate how the settlement affects their environmental claims.
November 07, 2014
Exide Strikes Settlement With Calif. Over Vernon Plant

Exide Technologies Inc. asked Delaware's bankruptcy court late Thursday to approve a settlement with California environmental regulators, in which the battery maker will set aside nearly $39 million in case its troubled Vernon plant ultimately closes and pay up to $9 million to clean up nearby residential areas.
October 31, 2014
Bankrupt Exide Gets Nod To Extend $560M DIP Loan

A Delaware bankruptcy judge signed off Friday on Exide Technologies Inc.'s proposed extension of its $560 million debtor-in-possession financing package, but only after the battery maker agreed to terminate the Chapter 11 exclusivity period.
October 28, 2014
Exide Blasts Creditor Opposition To $560M DIP Extension

Bankrupt battery maker Exide Technologies Inc. on Tuesday slammed opposition to a proposed extension of its $560 million debtor-in-possession financing package, accusing the creditors committee of waging a "scorched earth" battle to defeat a motion critical to the company's Chapter 11 case.
October 24, 2014
Exide Unsecured Creditors Blast Extension For $560M DIP

The unsecured creditors committee in battery maker Exide Technologies Inc.'s bankruptcy blasted late Thursday the debtor's move to push back the maturity date on its $560 million debtor-in-possession financing package, arguing it forces the case into a position that only benefits a select few secured noteholders.
October 10, 2014
Exide Locks Down 3-Month Extension On $560M DIP

Battery maker Exide Technologies Inc.'s debtor-in-possession lenders have agreed to push back the maturity date on $560 million in bankruptcy financing, affording the debtor three more months for negotiations with noteholders around a stand-alone restructuring in return for certain concessions.
September 04, 2014
Exide Insurers To Pay Pacific Chloride $5M For Fire Damages

Bankrupt battery maker Exide Technologies Inc. on Wednesday asked a Delaware bankruptcy judge to bless a settlement that would see its insurers pay Pacific Chloride Inc. nearly $5 million for fire-related damages at a Louisiana plant it leased to the debtor.
August 15, 2014
Exide Faces Criminal Probe Over Calif. Plant Pollution

Bankrupt battery maker Exide Technologies Inc. on Thursday revealed that it is the subject to a criminal probe into potential environmental contamination at a California lead recycling plant.

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