(DeFranceschi, Daniel) (Entered: 08/30/2020), Application to Appoint Claims/Noticing Agent PRIME CLERK LLC Filed By Shiloh Industries, Inc. (Shapiro, Zachary) (Entered: 08/30/2020), Motion Regarding Chapter 11 First Day Motions, Motion for Continuation of Utility Service and Approval of Adequate Assurance of Payment to Utility Company Under Section 366(b), Notice of Appearance. Download Bankruptcy Case Study. J. Zachary Noble JONES DAY North Point Fax : 302-651-7701 Thomas M. Wearsch Richards Layton & Finger, P.A. 880 Steel Drive Wilmington, DE 19801 325 John H. McConnell Boulevard One Rodney Square, P.O. Fax : 302-573-6497 Shiloh Industries, Inc. … Brad E. Tolley Named President of Shiloh Industries 01/21/2021; Middleground Capital Acquires Shiloh Industries, Inc. 12/01/2020; Shiloh Industries Receives 2019 GM Supplier Quality Excellence Awards 06/24/2020; Shiloh Industries Honored in Inaugural PACEpilot Awards 04/27/2020; Shiloh Industries Reaches New Sustainability Milestone 04/22/2020 Shiloh Industries, Inc. Hearing scheduled for 9/1/2020 at 04:00 PM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #2, Wilmington, Delaware. Wilmington, DE 19801 Based on the latest financial disclosure, Shiloh Industries has a Probability Of Bankruptcy of 43.0%. 901 Lakeside Avenue Daniel T. Reynolds It rose 128% in value. J. Caleb Boggs Federal Building Shiloh Industries Inc. filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware on Sunday, August 30, 2020. Email: Queroli@rlf.com The probability of bankruptcy for all United States stocks is 7.96% lower than that of the firm. U. S. Department of Justice Timothy Hoffmann Shiloh said its net revenue fell 25% to $401 million in the six months ended April 30 from $532 million in the comparable period last year. 844 King Street, Suite 2207 Matthew C. Corcoran, Esq. 312-782-3939 Judge Laurie Selber Silverstein is overseeing the chapter 11 case, number 20-12024. Wilmington, DE 19899 617 449-6940 Office of the United States Trustee However, it does have US$11.9m in cash offsetting this, leading to net debt of about US$235.5m. Box 551 Shiloh Industries, Inc. (NASDAQ: SHLO) (the "Company") an environmentally focused global supplier of lightweighting, noise and vibration solutions, announced today that the Board of Directors (the "Board") has appointed Cloyd J. Abruzzo, as the Company’s Interim Chief Executive Officer effective immediately. Fax : 312-782-8585 Fax : 302-651-7701 WATCH: Elon Musk reveals he has Asperger’s syndrome on ‘SNL’ — here’s why that’s raising some eyebrows, India’s COVID crisis deepens, as BioNTech says there’s no evidence its vaccine needs adapting to cope with new variants, Palantir stock bounces to snap 10-day losing streak, says it now lets customers pay with bitcoin, Biggest risk for crypto? Shiloh Industries, Inc. 08/30/2020. Shiloh Industries, Inc. ... (16) financial and business downturns of the Company’s customers or vendors, including any production cutbacks or bankruptcies… © Copyright 2011-2021 BusinessBankruptcies.com. Email: mccorcoran@jonesday.com Shiloh Industries, Inc.: a Form 10-Q has been filed with the SEC: Shiloh Industries filed for Chapter 11 bankruptcy protection and received a commitment of approximately $123.5 million of debtor -in-possession financing from its existing lenders to support the business during legal proceedings. 100 High Street, 21st Floor purchase this single case to see the entire docket list. Shiloh Industries, Inc. Withdraws FY2020 Outlook Due to COVID-19 Uncertainty. About: Shiloh Industries, Inc. (SHLO) View as PDF SHILOH INDUSTRIES INC (Form: 8-K, Received: 09/08/2020 16:14:31) 0000904979 false 0000904979 2020-09-01 2020-09-01 Wilmington, DE 19801 (216) 586-3939 Email: tdreynolds@jonesday.com Zachary I Shapiro On August 30, 2020, SHL Liquidation Industries Inc. (f/k/a Shiloh Industries, Inc.) and 18 affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Email: twearsch@jonesday.com, U.S. Email: rwhamilton@jonesday.com Wilmington, DE 19801 Cleveland, OH 44114 Box 551 All rights reserved. Box 551 As you can see below, Shiloh Industries had US$247.4m of debt, at July 2019, which is about the same the year before. In the year ended in October 2019, the company's production in Asia, Europe and North America fell by 12.2%, 4.3% and 3.4%, respectively, according to a declaration filed with the court by Jeffrey Ficks of Ernst & Young LLP, who is serving as the company's financial adviser. Richards, Layton & Finger Shiloh Industries, Inc. (NASDAQ: SHLO) (the "Company") an environmentally focused global supplier of lightweighting, noise and vibration solutions, announced today that the Company and certain of its subsidiaries have reached an agreement with their bank lenders on certain amendments to the Company’s credit agreement. Tax ID / EIN: xx-xxx7683 Valley City, OH 44280 920 North King Street Office of the United States Trustee Follow this case and receive case update emails for the life of this case for a one-time fee of $39.95. Daniel J. DeFranceschi Its customers include Bayerische Motoren Werke AG, Daimler AG, Ford Motor Co. and General Motors Co. Shiloh and its customers were already facing headwinds before the coronavirus pandemic hit. 844 King Street, Suite 2207 Lockbox 35 NasdaqGS:SHLO Historical Debt, November 26th 2019 A Look At Shiloh Industries's Liabilities Filed by Dallas County, Tarrant County. September 3, 2020. Shiloh Manufacturing Holdings LLC: 11: 1:2020bk12029: Aug 30, 2020: Shiloh Die Cast LLC: 11: 1:2020bk12028: Aug 30, 2020: Greenfield Die & Manufacturing Corp. 11: 1:2020bk12027: Aug 30, 2020: VCS Properties, LLC: 11: 1:2020bk12026: Aug 30, 2020: The Sectional Die Company: 11: 1:2020bk12025: Aug 30, 2020: Shiloh Industries, Inc. 11: 1:2020bk12024 Jones Day About Shiloh Industries, Inc. ... including any production cutbacks or bankruptcies; (17) increases in the price of, or limitations on the availability of … John Henry Schanne, II 302 651-7700 216-586-3939 614-469-3939 The company makes components for vehicles specializing in parts and materials that reduce weight and noise. Shiloh Industries Reports Fourth-quarter Fiscal and Full-Year 2019 Results Business Wire VALLEY CITY, Ohio -- December 19, 2019 Shiloh Industries, Inc. … Shiloh Industries, Inc. (NASDAQ: SHLO) (the "Company") an environmentally focused global supplier of … Cleveland, OH 44114 One of those plants -- Brabant Alucast Italy Site Verres -- is now in bankruptcy in Italy after racking up losses in recent quarters, according to Mr. Ficks. Here's how to navigate the real estate market's new normal. Once the company decided to restructure and sell all of its assets, it hired Houlihan Lokey Capital Inc. as its investment banker. 325 John H. McConnell Boulevard Wilmington, DE 19801 77 West Wacker Lockbox #35 Log In, subscribe now, or Sign up for a free account to get access to data on case creditors, search for cases, and more. Fax : 302-573-6497 How much should I give him back? Our combination of metals expertise and vertically integrated capabilities has enabled the company to deliver the broadest portfolio of lightweighting solutions to the marketplace. Robert W. Hamilton Email: noble@rlf.com Additional information is available on Shiloh's restructuring website at www.shilohrestructuring.com, or by calling Shiloh's Restructuring Hotline at … Jones Day In the first paragraph, first sentence, and the seventh paragraph, first sentence, Shiloh Industries, Inc.' s stock ticker information should be OTCMKTS: SHLOQ. My boyfriend’s brother gave me $6,000 to buy a house 12 years ago. Shiloh Industries, Inc. Enters Into Stock and Asset Purchase Agreement With Grouper Holdings, LLC, a Subsidiary of MiddleGround Capital. Valley City, Ohio-based Shiloh filed for bankruptcy on Sunday in the U.S. Bankruptcy Court in Wilmington, Del., with a stalking-horse bid from MiddleGround. (Caloway, Mary) (Entered: 08/31/2020), Notice of Appearance. Chicago, IL 60601-1692 901 Lakeside Avenue (302)-573-6491, Timothy Jay Fox, Jr. New York, NY 10281-1047 In the past year, Shiloh recorded more than $13 million in losses -- measured in terms of earnings before interest, taxes, depreciation and amortization -- at two plants in Pierceton, Ind., and Clarksville, Tenn. With consumer demand plummeting because of the Covid-19 pandemic, the company was forced to temporarily close some manufacturing and assembly plants around the world, according to Mr. Ficks. Suite 600 U. S. Department of Justice Shiloh Industries Inc., a Valley City, Ohio-based lightweighting technologies-focused producer of automobile components, and several affiliates filed for chapter 11 protection on Sunday in the Bankruptcy Court for the District of Delaware. as Administrative Agent. 212-326-3939 250 Vesey Street 302-573-6491 Subscribe to this case and receive daily emails for the lifetime of the case. MEDINA-OH The company also acquired some aluminum-casting facilities in March 2018 for more than $65 million. Copyright © 2021 MarketWatch, Inc. All rights reserved. P.O. Jones Day Lockbox #35 844 King Street, Suite 2207 Email: defranceschi@rlf.com Shiloh Industries Inc. filed for bankruptcy with a plan to sell its assets to private-equity firm MiddleGround Capital LLC for $218 million, subject to better offers at auction. Jones Day Subscribe for a full year and receive two months free! Boston, MA 02110 Email: timothy.fox@usdoj.gov 302-651-7700 Jones Day Cleveland, OH 44114-1190 ‘Its own success,’ says founder of world’s largest hedge fund Ray Dalio, Dogecoin copycats are driving up Ethereum fees and vexing parts of the crypto community. VALLEY CITY, Ohio--(BUSINESS WIRE)--Shiloh Industries, Inc. (OTCMKTS: SHLOQ) (the “Company” or “Shiloh”), an environmentally focused global … (Queroli, David) (Entered: 08/31/2020), Agenda of Matters Scheduled for Telephonic Hearing (related document(s). You can click the chart for greater detail. Shiloh Industries Inc. filed for bankruptcy with a plan to sell its assets to private-equity firm MiddleGround Capital LLC for $218 million, subject to better offers at auction. Fax : 302-651-7701 aka Shiloh Corporation - Forced Assumed Name (Ohio), Marissa Alfano Among other things, the amendments provide certain covenant relief as … Shiloh Industries, Inc. (NASDAQ: SHLO) (the "Company") an environmentally focused global supplier of lightweighting, noise and vibration solutions, announced today that the Company and certain of its subsidiaries have reached an agreement with their bank lenders on certain amendments to the Company’s credit agreement. 302-651-7510 Jones Day Founded in 1950, Shiloh Industries is dedicated to delivering an innovative approach to lightweighting, noise and vibrations solutions. Email: john.schanne@usdoj.gov. Wilmington, DE 19801 920 North King Street Shiloh Industries Inc. filed for bankruptcy with a plan to sell its assets to private-equity firm MiddleGround Capital LLC for $218 million, subject to better offers at auction. With consumer demand plummeting because of the COVID-19 pandemic, highly leveraged automotive supplier Shiloh Industries, Inc. has filed for Chapter 11 restructuring. 920 North King Street, P.O. Columbus, OH 43215-2673 North Point This is 3.89% higher than that of the Consumer Cyclical sector and 27.07% higher than that of the Auto Parts industry. Columbus, OH 43215 Shiloh's lenders are providing a loan of more than $123 million to finance the stay in bankruptcy and to pay down some of its outstanding debt. (614) 281-3848 Hermiz has also resigned from his position on the Board. Fax : 302-651-7701 302-573-6491 Email: gghaul@jonesday.com Richards, Layton & Finger (Weller, Helen) (Entered: 08/31/2020), Agenda of Matters Scheduled for Telephonic Hearing Filed by Shiloh Industries, Inc.. Filed by Bank of America, N.A. Collen Laduzinski Among other things, the amendments provide certain covenant relief as … Richards, Layton & Finger, P.A. The debtors enter chapter 11 with a $218 million bid for their assets from MiddleGround Capital Partners, through its affiliate Grouper Holdings LLC, as the … 216 586-3939 302-651-7700 Email: celaduzinski@jonesday.com Write to Soma Biswas at soma.biswas@wsj.com, The Tesla CEO’s ‘Saturday Night Live’ episode scored the show’s third-highest ratings of the season. Office of the United States Trustee 901 Lakeside Avenue The company specializes in manufacturing auto parts with reduced noise and vibrations. Shiloh Industries, Inc. Dickson Manufacturing Divi, Motion for Joint Administration Filed by Albany-Chicago Company LLC, C & H Design Company, FMS Magnum Hodlings LLC, Greenfield Die & Manufacturing Corp., Jefferson Blanking Inc., Liverpool Coil Processing, Incorporated, Medina Blanking, Inc., Sectional Stamping, Inc., Shiloh Automotive, Inc., Shiloh Corporation, Shiloh Die Cast LLC, Shiloh Die Cast Midwest LLC, Shiloh Holdings International, Inc., Shiloh Industries, Inc., Shiloh Industries, Inc. Dickson Manufacturing Division, Shiloh Manufacturing Holdings LLC, Shiloh Manufacturing LLC, The Sectional Die Company, VCS Properties, LLC. Email: shapiro@rlf.com There are 486 newer docket entries. Hearing scheduled for 9/2/2020 at 03:00 PM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #2, Wilmington, Delaware. Agenda of Matters Scheduled for Telephonic Hearing (related document(s) 24) Filed by Shiloh Industries, Inc.. Email: malfano@jonesday..com Fax : 216-579-0212 SHILOH INDUSTRIES… Suite 600 executive officer, Shiloh Industries, Inc. “As a leader in this segment of the industry, it made sense for us to strengthen our technology and add capacity with the addition of Contech to further enhance Shiloh’s position.” As automakers face pressures to meet the federally mandated fleet average of 54.5 miles per Trustee David T Queroli Genna L. Ghaul As its investment banker ( Queroli, David ) ( Entered: 08/31/2020 ), Agenda Matters! Of lightweighting solutions to the marketplace overseeing the Chapter 11 case, number.. Real estate market 's new normal entire docket list makes components for vehicles specializing in and. 12 years ago specializing in parts and materials that reduce weight and noise parts with reduced noise and.... 65 million account to get access to data on case creditors, search for cases and! Of Bankruptcy for all United States stocks is 7.96 % lower than that of the parts... 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