Significant Events/Key Documents
In re Spansion Inc., et al.
United States Bankruptcy Court
District of Delaware
Chapter 11 Case No. 09-10690 (KJC)
- The Debtors’ Joint Plan of Reorganization Dated October 26, 2009 and Disclosure Statement for Debtors' Joint Plan of Reorganization Dated October 26, 2009 were filed with the Bankruptcy Court. To view these documents, please click on the Plan of Reorganization and Disclosure Statement link on the left side of the page.
- On October 2, 2009, the debtors filed a motion for entry of an order authorizing the filing of a plan of reorganization before the filing of a disclosure statement and establishing a deadline for filing disclosure statement. To view the motion click here. To view the Plan click here.
- On September 10, 2009 an order was entered approving the stipulation and order by and among the Official Committee of Unsecured Creditors, Bank of America, N.A., as agent and lender, and the debtors. To view the order click here.
- On September 8, 2009 an order was entered approving the stipulation and order by and among the Official Committee of Unsecured Creditors, HSBC Bank USA, National Association, as successor indenture trustee, and successor collateral agent, and the ad hoc consortium extending challenge period under the cash collateral order. To view the order click here.
- On September 4, 2009, an order was signed authorizing the sale of the debtors' shares in its Singaporean non-debtor subsidiary and certain related equipment to Powertech Technology Inc., free and clear of all liens, claims, encumbrances and interests and authorizing the debtors to enter into an asset and share purchase agreement with Powertech Technology Inc. and granting related relief. To view the order click here.
- Schedules and Statements of Financial Affairs were filed by Spansion Inc. and its related debtors on June 26, 2009. To view the Schedules and Statements of Financial Affairs click here.
- An order was entered extending the debtors' exclusive periods to file a plan of reorganization to September 28, 2009 and to solicit acceptances through and including November 25, 2009. To view the order click here.
- On June 2, 2009, the United States Bankruptcy Court for the District of Delaware denied the debtors' motion for an order authorizing settlement of litigation with, and license of intellectual property to, Samsung Electronics Co., Inc. To view the order click here.
- Spansion Japan Limited, an affiliate of the debtors, filed a petition for relief under Chapter 15 in the United States Bankruptcy Court for the District of Delaware, under Case No. 09-11480 and an order for relief was entered on May 28, 2009. To view the order click here. To view the court docket in the Chapter 15 case click here. (Requires PACER account). For more information about the Chapter 15 case, click the link on the sidebar titled "Spansion Japan Limited, Ch. 15 case.
- On May 27, 2009, the United States Bankruptcy Court for the District of Delaware entered an order establishing September 4, 2009, at 4:00 p.m. (prevailing Eastern Time), as the last date and time for each person or entity (other than any governmental unit) to file a proof of claim. To view the order click here.
- On May 15, 2009, the United States Bankruptcy Court for the District of Delaware entered the final order authorizing debtors to use cash collateral and granting adequate protection to the debtors' prepetition secured parties. To view the order click here.