Posted by Salene Mazur Kraemer
By: Katie Imler, Law Clerk
June 10, 2013
On June 7, 2013, MSI Corporation, a specialty metals processor, filed for a voluntary Chapter 11 bankruptcy in the Western District of Pennsylvania (Case No. 2:13-bk-22457). The company, located at 210 First Street, Vandergrift, PA 15690, processes metals such as titanium alloys, copper, and steel. MSI Corporation also offers material conditioning such as cast slab milling, grinding, and plate polishing.
The Chapter 11 case has been assigned to the Honorable Judge Jeffery A. Deller. Michael J. Roeschenthaler of McGuireWoods LLP, 625 Liberty Ave., 23rd Floor, Pittsburgh, PA 15222. A summary of the case docket can be found here.
Debtor listed $10-$50 million in assets and $1-$10 million in liabilities. The largest unsecured creditors are mostly for trade debt including: Euler Hermes Collections $279,230.11, Dynamark Security Centers $32,617.76, D&S Industrial Contracting $27,040.00, H&K Equipment Company $22,038.30, and Production Abrasives, Inc. $19,740.00.
Schedules are due June 21, 2013. The Disclosure Statement and Plan of Reorganization are due October 7, 2013.
Tags: bankruptcy, business law, chapter 11, commercial bankruptcy, contracting, Dynamark, Euler Herme, fork lift, grinding, judge deller, Katie Imler, Mazur Kraemer, mazurkraemer, mcquire woods, metal processing, metals, MSI corporation, pennsylvania, plate polish, Production Abrasives, salene, steel, titanium, western district