📉Delaware Chapter 11 Filing – M&G USA Corporation
M&G USA Corporation has filed a petition and relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Case No. 17-12307).
M&G USA Corporation is an affiliate of M&G Polymers USA, LCC, which filed for relief last week (Lead Case No. 17-12268) and is pending before the Honorable Brendan Linehan Shannon.
M&G USA Corporation’s Petition reports $1 – $10 billion in both assets and liabilities. A claims and noticing agent has not yet been proposed in the M&G cases.