Taylor-Wharton International LLC

  1. February 01, 2017

    Taylor-Wharton Attys, Advisers Get $4M In Ch. 11 Fees

    Law firms and financial advisers who worked on the Chapter 11 case of cryogenics company Taylor-Wharton International LLC will collect $4 million in fees and expenses after a Delaware judge approved their final applications Tuesday.

  2. September 20, 2016

    Taylor-Wharton Wins Liquidating Ch. 11 Plan Confirmation

    A Delaware bankruptcy judge gave Taylor-Wharton International LLC the nod Tuesday for its Chapter 11 liquidation plan that aims to divvy up the more than $30 million the cryogenics company has raised in various asset sales since seeking court protection nearly a year ago.

  3. September 13, 2016

    Calif. Says Bad Records Don't Let Taylor-Wharton Dodge Tax

    Taylor-Wharton International cannot escape its California sales and use taxes through its own lack of paperwork, the state told a Delaware bankruptcy judge Monday, claiming the state board made a reasonable tax assessment based on a prior audit.

  4. February 03, 2016

    Taylor-Wharton Wants Breathing Room For Ch. 11 Plan

    Taylor-Wharton International asked a Delaware bankruptcy judge on Wednesday to extend until June the period in which the cryogenic tank maker can exclusively file a reorganization plan, saying the company's restructuring could be undermined if creditors are allowed to file a competing strategy.

  5. January 12, 2016

    Nixon Peabody OK'd As Adviser In Taylor-Wharton Ch. 11

    Specialty tank-maker Taylor-Wharton International got a Delaware bankruptcy court go-ahead Tuesday to retain Nixon Peabody LLP as a personal injury and liability claim adviser, overcoming objections about needless Chapter 11 expense.

  6. January 08, 2016

    Taylor-Wharton Defends Bid To Retain Nixon Peabody

    Cryogenic tank manufacturer Taylor-Wharton International on Friday in Delaware bankruptcy court defended its bid to retain Nixon Peabody LLP following an objection from unsecured creditors, saying the firm is needed to defend product liability lawsuits brought against units that are not in Chapter 11.

  7. November 16, 2015

    Taylor-Wharton Unsecured Creditors Attack Key Worker Deal

    A plan to pay about $513,000 to 24 key employees during Taylor-Wharton International LLC's ongoing bankruptcy appears unjustified, unclear and could merely reward workers for "sticking around," unsecured creditors said in Delaware on Friday.

  8. October 29, 2015

    Taylor-Wharton Gets Nod For Quick Ch. 11 Auction

    A Delaware bankruptcy judge on Thursday approved cryogenics company Taylor-Wharton International LLC's plan for a stalking horse sale with a $24 million floor bid, paving the way for an auction in mid-November.

  9. October 27, 2015

    Taylor-Wharton Slams Objections To Its DIP Package

    Taylor-Wharton International LLC asked the Delaware bankruptcy court on Tuesday to grant its debtor-in-possession financing package despite creditors calling it "egregious" because the financing is necessary to insure the cryogenics company's continued operation and sale.

  10. October 26, 2015

    Taylor-Wharton Unsecured Creditors Rip 'Egregious' DIP Loan

    The unsecured creditors committee in Taylor-Wharton International LLC's Chapter 11 took aim Monday at what it called the cryogenics company's "egregious" debtor-in-possession financing package, including a $13 million bankruptcy loan designed to "squeeze every cent" from the company and push through a quick sale process.