New Chapter 15 Filing - Emeco Holdings Ltd.

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Emeco Holdings Ltd.

  • 11/2/16 Recap: Australian rental provider of heavy mining equipment with operations in Australia, Canada and Chile file a Scheme under the Corporations Act in Australia whereby the noteholders will merge the company with two non-debtor mining competitors and recapitalize the enterprise. 
  • Jurisdiction: S.D. of New York
  • Capital Structure: $286mm '19 9.875% senior secured notes (Bank of New York); $89mm ABL  
  • Company Professionals:
    • Legal: Baker & McKenzie LLP (David Heroy, Erin Broderick)
    • Financial Advisor: Houlihan
    • Claims Agent: Epiq Bankruptcy Solutions LLC (*click on company name for docket)
  • Other Parties in Interest:
    • Supporting Noteholder Committee (Ascribe II Investments LLC, Brookfield Credit Opportunities Master Fund LP, Goldman Sachs International)
      • Legal: Sullivan & Cromwell LLP (Michael Torkin, David Zylberberg)

Updated 12/30/16