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On September 30, 2021 (the "Petition Date"), Balance Point LLC and MECTA Corporation (collectively, the "Debtors") filed voluntary petitions for relief under Chapter 11 (Subchapter V) of the United States Bankruptcy Code. The Debtors' bankruptcy cases are jointly administered under Case No. 21-11279 and are pending before the Honorable J. Kate Stickles in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court").

 

The Debtors' Modified Amended Subchapter V Plan of Reorganization (the "Plan") was confirmed June 9, 2022.  For a copy of the Confirmation Order (Docket No. 263) please click here.

 

The Effective Date of the Plan occurred on September 1, 2022.  For a copy of the Noctice of Effective Date (Docket No. 293) please click here.

 

On December 20, 2022 the Final Decree was entered closing the cases.  For a copy of the Final Decree (Docket No. 328) please click here

 

Click here to view a Letter to Our Valued Partners.

 

Debtors

Case No. Debtor Name
21-11279 Balance Point LLC
21-11281 MECTA Corporation

Dates

Effective Date September 01, 2022

Final Decree December 20, 2022

CANCLLED Hearing re Final Decree December 21, 2022 (11:00 AM ET)

Professionals

Debtors' Counsel POLSINELLI PC

Debtors' Financial Advisor WYSE ADVISORS LLC

Office of the U.S. Trustee UNITED STATES DEPARTMENT OF JUSTICE

Subchapter V Trustee BIELLI & KLAUDER, LLC

Meeting of Creditors

Pursuant to section 341 of the Bankruptcy Code, the Meeting of Creditors has been scheduled for Monday, November 1, 2021, at 2:00 pm ET. The meeting will be held telephonically.

Notice of Telephonic Section 341 Meeting
Notice of Commencement

Dial-in Number: 866.621.1355
Participant Code: 7178157 #
United States Bankruptcy Court
District of Delaware

Court Information

United States Bankruptcy Court
District of Delaware

824 Market Street North
3rd Floor
Wilmington, DE 19801
302.252.2900