Lead Free Frisco

LAW 360 Exide, Calif. Agency Duel Over $100M Suit, Ch. 11 Shield By Jeff Montgomery Law360, Wilmington (February 2, 2016, 7:09 PM ET) — Battery recycler Exide Technologies Inc. and California air regulators agreed Tuesday to seek a mediator for a dispute over state rights to court action on as much as $100 million in environmental claims […]

LAW360 Exide’s $133M No-Prosecute Deal OK’d In Pollution Row By Brandon Lowrey Law360, Los Angeles (March 27, 2015, 8:13 PM ET) — A Delaware bankruptcy judge on Friday approved a nonprosecution agreement between Exide Technologies Inc. and federal prosecutors requiring the company to admit to illegally handling hazardous waste at its Los Angeles-area battery recycling plant, and […]

WALL STREET JOURNAL Exide Wins Bankruptcy-Court Approval for Restructuring Plan Cuts $600 million from company’s $1 billion debt and puts it under ownership of senior lenders By SARA RANDAZZO March 27, 2015 5:26 p.m. ET Battery maker Exide Technologies Inc. won bankruptcy-court approval on Friday to implement a restructuring that cuts $600 million from its $1 billion in debt […]

LAW 360 Exide Unsecured Creditors Say Ch. 11 Plan Won’t Fly By Matt Chiappardi Law360, Wilmington (January 02, 2015, 7:33 PM ET) — The unsecured creditors committee for bankrupt Exide Technologies Inc. blasted the battery maker’s disclosure statement Friday, arguing it describes a “patently unconfirmable” plan that was proposed in bad faith because the debtor only negotiated […]

LAW 360 Exide Bondholders Contend Ch. 11 Plan Unfair, Unworkable By Jamie Santo Law360, Wilmington (December 18, 2014, 8:16 PM ET) — Two senior bondholders of Exide Technologies Inc. took issue with the battery maker’s disclosure statement Thursday, saying it supports an unconfirmable Chapter 11 plan that improperly favors certain creditors. Frank Smith and Michael Nelson, who […]

THE COPY BELOW IS TAKEN DIRECTLY FROM EXIDE’S FILING WITH THE SEC On November 17, 2014, Exide Technologies (“Exide” or the “Company”) filed with the Bankruptcy Court (1) a proposed plan of reorganization (the “Proposed Plan”) and (2) a related proposed disclosure statement (the “Proposed Disclosure Statement”). Proposed Financial Projections were attached to the Proposed […]

LAW 360 Bankrupt Exide Gets Nod To Extend $560M DIP Loan By Jamie Santo Law360, Wilmington (October 31, 2014, 6:09 PM ET) — A Delaware bankruptcy judge signed off Friday on Exide Technologies Inc.’s proposed extension of its $560 million debtor-in-possession financing package, but only after the battery maker agreed to terminate the Chapter 11 exclusivity period. […]

CLICK HERE FOR LINK TO EXIDE’S CHAPTER 11 PETITION/AFFIDAVIT CLICK HERE FOR EXIDE NEWS RELEASE BLOOMBERG Exide Wins Initial Loan Approval to Operate in Bankruptcy By Steven Church – Jun 11, 2013 11:02 AM CT Exide Technologies (XIDE), the 125-year-old battery maker, won initial court approval to borrow as much as $500 million to replace […]