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Confirmation and Effective Date of the Petitioning Creditors' Amended Joint Chapter 11 Plan:

Please take notice that the Findings of Fact, Conclusions of Law, and Order Confirming Petitioning Creditors' Amended Joint Chapter 11 Plan of Eletson Holdings Inc. and Its Affiliated Debtors [Docket No. 1258] (the "Confirmation Order").

Please take further notice that the Effective Date of the Petitioning Creditors’ Amended Joint Chapter 11 Plan of Reorganization of Eletson Holdings Inc. and Its Affiliated Debtors occurred on November 19, 2024.

General Information:

On March 7, 2023, involuntary petitions were filed against each of the three Debtors under Chapter 11 of the United States Bankruptcy Code (the “Bankruptcy Code”). On September 25, 2023, the Debtors’ cases were voluntarily converted, at the Debtors’ request, to cases under chapter 11 of the Bankruptcy Code and the cases are jointly administered under Case No. 23-10322 before the Honorable John P. Mastando, III in the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”).

Debtor Name Debtor Case Number
Agathonissos Finance LLC 23-10321
Eletson Holdings Inc. 23-10322
Eletson Finance (US) LLC 23-10323

For additional information, please call (888) 647-1737 (U.S./Canada) or +1 (310) 751-2624 (International) or click here to submit an inquiry.

Solicitation Materials

On July 10, 2024, the Bankruptcy Court entered the Order (I) Approving Disclosure Statements, (II) Approving Solicitation and Notice Procedures with Respect to Confirmation of Competing Plans, (III) Approving Forms of Various Ballots and Notices in Connection Therewith, (IV) Approving Scheduling of Certain Key Dates in Connection with Confirmation, and (V) Granting Related Relief [Docket No. 856].

Please see below for materials related to the proposed Competing Plans of Eletson Holdings, Inc., et al.:

Amended Disclosure Statement in Support of Petitioning Creditors’ Amended Joint Chapter 11 Plan of Reorganization of Eletson Holdings Inc. and Its Affiliated Debtors (Solicitation Version)

Petitioning Creditors’ Amended Joint Chapter 11 Plan of Reorganization of Eletson Holdings Inc. and Its Affiliated Debtors (Solicitation Version)

First Amended Disclosure Statement in Support of Second Amended Joint Plan of Reorganization of Debtors under Chapter 11 of the United States Bankruptcy Code (Solicitation Version)

Second Amended Joint Plan of Reorganization of Debtors under Chapter 11 of the United States Bankruptcy Code (Solicitation Version)

Disclosure Statement in Support of Petitioning Creditors’ Alternative Chapter 11 Plan for Eletson Holdings Inc. and Its Affiliated Debtors (Solicitation Version)

Petitioning Creditors’ Alternative Chapter 11 Plan for Eletson Holdings Inc. and Its Affiliated Debtors (Solicitation Version)

Notice of Hearing to Consider Confirmation of the Competing Plans and Related Voting and Objection Deadlines

Joint Solicitation and Tabulation Procedures

The Voting Deadline is August 9, 2024 at 4:00 p.m. (ET).

The Objection Deadline is August 27, 2024 at 4:00 p.m. (ET).

The Confirmation Hearing is scheduled for September 9, 2024 at 9:30 a.m. (ET).

To view all plan related related documents, please click here.

Important Dates, Deadlines & Documents Show All Dates

December 19, 2024

December 19, 2024

November 19, 2024

October 25, 2024

March 7, 2023

September 9, 2024
(9:30 a.m. ET)

August 27, 2024
(4:00 p.m. ET)

August 9, 2024
(4:00 p.m. ET)

June 18, 2024
(9:00 a.m. ET)

May 15, 2024
(9:30 a.m. (ET))

Parties & Addresses


United States Bankruptcy Court
Southern District of New York
One Bowling Green
New York, NY 10004-1408
T: (212) 668-2870
http://www.nysb.uscourts.gov


United States Bankruptcy Court
Southern District of New York
One Bowling Green
New York, NY 10004-1408


Proofs of claim may also be created and electronically filed through the Court’s website at https://www.nysb.uscourts.gov/electronic-filing-proof-claim.

Attorneys' Addresses

Kyle J. Ortiz
Bryan M. Kotliar
Martha E. Martir
Amanda C. Glaubach
Togut, Segal & Segal LLP
One Penn Plaza, Suite 3335
New York, NY 10119
T: (212) 594-5000
https://www.togutlawfirm.com