Malibu Lighting Corporation (Malibu), a manufacturer of outdoor lighting, and six affiliates, including Outdoor Direct Corporation (ODC) and National Consumer Outdoors Corporation (NCOC), have field chapter 11 petitions before the United States Bankruptcy Court for the District of Delaware (lead case 15-12080-KG). NCOC has filed a motion to sell substantially all of its assets pursuant to an Asset Purchase Agreement. Malibu and ODC are in the process of being liquidated, which will continue during the bankruptcy.
The lead petition and consolidated list of top 35 creditors and the first day declaration are available here and here, respectively. A motion has been filed to appoint Kurtzman Carson as the debtors’ claim agent.
Contact Norman L. Pernick or Nicholas J. Brannick for more information.