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IN RE: LEAR CORPORATION
UNITED STATES BANKRUPTCY COURT
FOR THE SOUTHERN DISTRICT OF NEW YORK
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MAIN CASE NUMBER: 09-14326
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PROOFS OF CLAIM and CLAIMS BAR DATE INFORMATION
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OVERVIEW OF THE CHAPTER 11 PROCESS
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| Petition filed: July 7, 2009 |
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Proof of Claim
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Chapter 11 Process
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| Committee Appointed: July 15, 2009 |
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Proof of Claim Form
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| Claims Bar Date: October 2, 2009 |
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| Government Claims Bar Date: January 4, 2010 |
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OVERVIEW OF DEBTORS CASES AND BUSINESS
On July 7, 2009, the Lear Corporation (the "Company") along with 23 other debtors (collectively, the "Debtors") filed for relief under chapter 11 of the Bankruptcy Code. The Company is a Delaware corporation and the ultimate parent of each of the Debtors in these Chapter 11 cases. The Company is a leading global automotive supplier of seat systems, electrical distribution systems and electronic products. The Company currently maintains its headquarters in Southfield, Michigan and has 210 facilities across 36 countries.
The Company was originally founded in 1917 as American Metal Products Corporation.
List of Debtors
- Lear #50 Holdings, LLC
- Lear Argentine Holdings Corporation #2
- Lear Automotive Dearborn, Inc.
- Lear Automotive Manufacturing, LLC
- Lear Canada
- Lear Canada Investments Ltd.
- Lear Corporation
- Lear Corporation (Germany) Ltd.
- Lear Corporation Canada Ltd.
- Lear Corporation EEDS and Interiors
- Lear Corporation Global Development, Inc.
- Lear EEDS Holdings, LLC
- Lear European Operations Corporation
- Lear Holdings, LLC
- Lear Investments Company, LLC
- Lear Mexican Holdings Corporation
- Lear Mexican Holdings, LLC
- Lear Mexican Seating Corporation
- Lear Operations Corporation
- Lear Seating Holdings Corp. #50
- Lear South Africa Limited
- Lear South American Holdings Corporation
- Lear Trim L.P.
- Renosol Seating, LLC
Purpose for Chapter 11 filings
Pursuant to the Declaration of Shari L. Burgess in Support of First Day Motions ("First Day Declaration"), the Debtors are commencing their cases despite the fact that they do not have "outstanding funded debt." First Day Decl. at ¶6. The Debtors cite one main reason for these filings: (1) the Debtors are severely impacted by the recent economic downturn. Id. According to the First Day Declaration, the Debtors plan to use the chapter 11 process to effectuate their proposed restructuring, enhance liquidity and solidify their long-term growth prospects and operating performance.
LINKS TO DEBTORS’ SCHEDULES AND FINANCIAL INFORMATION
Debtors’ Schedules and Statement of Financial Affairs
Deadline to File: August 21, 2009
Lear Corporation (Case No. 09-14326)
Lear South Africa Limited (Case No. 09-14325)
Lear #50 Holdings, LLC (Case No.09-14327)
Lear Argentine Holdings Corporation #2 (Case No.09-14328)
Lear Automotive Dearborn, Inc. (Case No. 09-14329)
Lear Automotive Manufacturing, Inc. (Case No. 09-14330)
Lear Canada (Case No. 09-14331)
Lear Canada Investments Ltd. (Case No. 09-14332)
Lear Corporation (Germany) (Case No. 09-14333)
Lear Corporation Canada Ltd. (Case No. 09-14334)
Lear Corporation EEDs and Interiors (Case No. 09-14335)
Lear Corporation Global Development, Inc. (Case No. 09-14336)
Lear EEDS Holdings, LLC (Case No. 09-14337)
Lear European Operations Corporation (Case No. 09-14338)
Lear Holdings, LLC (Case No. 09-14339)
Lear Investments Company, LLC (Case No. 09-14340)
Lear Mexican Holdings Corporation (Case No. 09-14341)
Lear Mexican Holdings, LLC (Case No. 09-14342)
Lear Mexican Seating Corporation (Case No. 09-14343)
Lear Operations Corporation (Case No. 09-14344)
Lear Seating Holdings Corp. (Case No. 09-14345)
Lear South American Holdings Corporation (Case No. 09-14346)
Lear Trim L.P. (Case No. 09-14347)
Renosol Seating, LLC (Case No. 09-14348)
DEBTORS AND DEBTORS’ COUNSEL
Debtors’ Headquarters Location and Contact Information
Lear Corporation
21557 Telegraph Road
Southfield, Michigan 48033
Shari L. Burgess
Vice President & Treasurer
Lear Corporation
21557 Telegraph Road
Southfield, Michigan 48033
Debtors’ Counsel
Kirkland & Ellis LLP
300 North LaSalle Street
Chicago, IL 60654
Phone: (312) 862-2000
Fax: (312) 862-2200
Ryan B. Bennett, Esq.
Email:
Curtis, Mallet-Prevost, Colt & Mosle LLP
101 Park Avenue
New York, NY 10178
Phone: (212) 696-6065
Fax: (212) 697-1559
Steven J. Reisman, Esq.
Email:
Claims and Noticing Agent
Kurtzman Carson Consultants, LLC
2335 Alaska Ave
El Segundo, CA 90245
(310) 823-9000
OFFICIAL COMMITTEE OF UNSECURED CREDITORS
AND COMMITTEE PROFESSIONALS
Creditors’ Committee Members
Pension Benefit Guaranty Corporation
1200 K Street, NW
Washington, DC 20005
International Union UAW
8000 East Jefferson Avenue
Detroit, Michigan 48214
The Bank of New York Mellon Trustee Company, N.A.
6325 West Campus Oval, Suite 200
New Albany, Ohio 43054
Grammer Industries, Inc.
119 Matrix Parkway
Piedmont, South Carolina 29650
TK Holdings, Inc.
2500 Takana Drive
Auburn Hills, Michigan 48326
Tyco Electronics Corporation
1050 Westlake Drive
Berwyn, Pennsylvania 19312-2423
Porter Engineered Systems, Inc.
28700 Cabot Drive - Suite 800
Novi, Missouri 48377
All questions to the Official Committee of Unsecured Creditors should be submitted by an email addressed to:
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Committee Counsel
Lowenstein Sandler PC
65 Livingston Avenue
Roseland, NJ 07068
Phone: (973) 597-2400
Fax: (973) 597-2500
Email:
Kenneth A. Rosen, Esq.
Sharon L. Levine, Esq.
S. Jason Teele, Esq.
Cassandra Porter, Esq.
Committee’s Financial Advisor
Mesirow Financial Consulting, LLC
2828 Routh Street, Suite 650
Dallas, TX 75201
Phone: (214) 954-1444
Larry Lattig
Executive Vice President & Senior Managing Director
UNITED STATES BANKRUPTCY COURT
LOCATION AND HEARING INFORMATION
Upcoming Dates
Omnibus Hearing Dates
August 25, 2009
September 18, 2009
October 13, 2009
Bar Date for Proofs of Claim
October 2, 2009
Court Information
Judge
Honorable Allan L. Gropper
(212) 668-5629
Court Location
United States Bankruptcy Court
Southern District of New York
One Bowling Green, Courtroom 617
New York, NY 10004-1408
UNITED STATES TRUSTEE’S OFFICE
CONTACT INFORMATION
Diana G. Adams, Acting United States Trustee
United States Trustee’s Office
33 Whitehall Street, 21st Floor
New York, NY 10004
Phone: (212) 510-0500
website: http://www.usdoj.gov/ust/r02/
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