Elliott Greenleaf has been selected as Delaware and Conflict Counsel for the Official Committee of Unsecured Creditors (“Committee”) in the Universal Building Products, Inc. corporate bankruptcy cases pending in the United States Bankruptcy Court in Wilmington, Delaware. Universal Building Products, Inc. and its affiliates: Accubrace, Inc.; Don De Cristo Concrete Accessories, Inc.; Form-Co. Inc; and Universal Form Clamp, Inc. (collectively, the “Debtors”) were placed into chapter 11 on August 3, 2010. The Debtors operated one of the largest privately-owned concrete form and accessory manufacturing businesses in North America, manufacturing and delivering a complete assortment of premium concrete accessories to residential and commercial construction projects. Their primary facilities are located in Bellwood, Illinois and Westminster, California. A proposed sale of the Debtors under section 363 of the United States Bankruptcy Code to the Debtors’ secured creditors is contemplated . The Committee is comprised of a third party logistics company, providing freight brokerage, logistics services, and trucking operations, a large distributor of goods from Shandong province in China, and three steel and other alloy manufacturers.
Elliott Greenleaf was selected based on the Firm’s experience as unsecured creditors committee counsel, bankruptcy litigation and Delaware counsel. Managing Shareholder of the Firm’s Delaware office, Rafael Zahralddin and counsel Shelley Kinsella are leading the Firm’s efforts in this important matter.