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Whittaker, Clark & Daniels files bankruptcy; debt tops $1 billion
By Sarah Lizee
Olympia, Wash., April 26 – Whittaker, Clark & Daniels, Inc. and three affiliated debtors filed Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of New Jersey.
In its petition, the company listed 1,000 to 5,000 creditors, $100 million to $500 million in assets and $1 billion to $10 billion in liabilities.
The top five largest unsecured creditors are Simon Greenstone Panatier, PC, based in Dallas, Weitz & Luxenberg, PC, based in New York, SWMW Law, LLC, based in St. Louis, Maune Raichle Hartley French & Mudd, LLC, based in St. Louis, and Napoli Shkolnik PLLC, based in New York. The amounts of the claims are listed as undetermined.
Kirkland & Ellis LLP is proposed bankruptcy counsel and Cole Scholtz PC is proposed co-counsel.
Whittaker, Clark & Daniels is a talc supplier based in Stamford, Conn. The Chapter 11 case number is 23-13575.
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