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Sivyer Steel Case Summary & 20 Largest Unsecured Creditors

Friday, 16 March 2018 05:18
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Debtor: Sivyer Steel Corporation
            225 S. 33rd Street
            Bettendorf, IA 52722

Type of Business: Sivyer Steel -- https://www.sivyersteel.com --
                          is a supplier of steel castings based in
                          Bettendorf, Iowa. Sivyer Steel is an ISO
                          9001:2008 recertified steel foundry, which means
                          that it meets the International Organization for
                          Standardization's quality management system.
                          The Company develops custom steel castings and
                          components for clients in industries that
                          include government, private, and public sectors.
                          Sivyer Steel specializes in military castings,
                          energy applications, railroad castings, wear
                          parts, pump & valves, oil & gas, mining,
                          construction castings, perimeter security, and
                          agriculture. The Company was founded by
                          Frederick Lincoln in 1909. An involuntary
                          Chapter 11 case was filed against the Company
                          on March 8, 2018, by alleged creditors Sadler
                          Machine Co., Speyside Machining Holdings, LLC,
                          and ARCO Manufacturing Corporation.

Chapter 11 Petition Date: March 14, 2018

Case No.: 18-00507

Court: United States Bankruptcy Court
          Southern District of Iowa (Davenport)

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  • New MACH Gen Case Summary & 20 Largest Unsecured Creditors

    Lead Debtor: New MACH Gen, LLC

                          1780 Hughes Landing, Suite 800

                          The Woodlands, TX 77380 


    Type of Business: New MACH Gen owns and manages a portfolio of 

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                                1,080 MW facility located in Athens, New York, 

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                                2004; (2) a 1,092 MW facility located in 

                                Maricopa County, Arizona, that achieved 

                                commercial operation on Sept. 11, 2004; and (3) 

                                a 360 MW facility, located in Charlton, 

                               Massachusetts, that achieved commercial 

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                               dispatch electricity into three power markets, 

                               two of which are served by independent system 

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                               across a geographically diverse area.  

                              Specifically, the Athens facility dispatches 

                              power into the region managed by the New York  

                              ISO, the Harquahala facility into the region 

                              served by the Western Electricity Coordinating 

                              Council, and the Millennium facility into the 

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    Chapter 11 Petition Date: June 11, 2018


    Affiliated companies that filed voluntary petitions seeking relief

    under Chapter 11 of the Bankruptcy Code:


        Debtor                                                                  Case No.

        ------                                                                      --------

        New MACH Gen, LLC (Lead Debtor)                  18-11368

        MACH Gen GP, LLC                                            18-11369

        Millennium Power Partners, L.P.                          18-11370

        New Athens Generating Company, LLC              18-11371

        New Harquahala Generating Company, LLC       18-11372


    Court: United States Bankruptcy Court

           District of Delaware (Delaware)


    Judge: Hon. Mary F. Walrath

    Written on Wednesday, 13 June 2018 07:04 in Latest News Be the first to comment! Read 2567 times Read more...