Uniroyal’s Joint Chapter 11 Plan would transfer asbestos-related liabilities to a settlement trust, channel present and future asbestos claims to that trust and wind down the debtors. The accompanying Disclosure Statement says asbestos claims would be enforceable solely against the trust, while general unsecured claims are classified separately. The plan also contains releases and injunctions central to separating the debtors from their legacy liabilities.
The proposal establishes the case’s exit architecture only days after the Chapter 11 filing, replacing an open-ended restructuring with a trust-based liquidation path. Claimants now need to assess proposed trust funding, distribution procedures and the scope of the injunction before solicitation begins. The trigger’s Sokolove Law report likewise identifies the bankruptcy as a wind-down intended to address decades of asbestos claims.
Uniroyal Holding and Great Hill Corporation asked the court to establish a claims process with a 5:00 p.m. ET September 8, 2026 general bar date, a January 27, 2027 governmental bar date, and 30-day deadlines for affected amended-schedule and rejection-damages claims in the Bar Date Motion. The proposed order would bar required claimants that miss the applicable deadline from asserting claims or receiving plan distributions.
The requested process expressly excludes asbestos-related personal-injury and wrongful-death claims, for which no bar date is proposed; the debtors instead contemplate trust-distribution procedures under their RSA and proposed plan. The motion would make Omni Agent Solutions the claims administrator and requires filing on the approved form through mail, delivery, or Omni’s portal. This sets the near-term record-date framework for creditor participation while preserving the distinct treatment of the case’s asbestos liabilities.
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