Case Document 1482 Filed in TXSB on 01/11/18 Page 1 of 9

Transcription

1 Case Document 1482 Filed in TXSB on 01/11/18 Page 1 of 9 IN THE UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF TEXAS CORPUS CHRISTI DIVISION In re: Chapter 11 SHERWIN ALUMINA COMPANY, LLC, et al., 1 Case No Debtors. (Jointly Administered) David R. Jones ENTERED 01/09/2018 STIPULATION AND ORDER MODIFYING CERTAIN MILESTONES UNDER THE DEBTORS MODIFIED JOINT CHAPTER 11 PLAN Sherwin Alumina Company, LLC ( Sherwin ), the Texas Commission on Environmental Quality ( TCEQ ), Commodity Funding LLC ( Commodity Funding ) and Reynolds Metals Company ( Reynolds and together with Sherwin, TCEQ, and Commodity Funding, collectively, the Parties and each, individually, a Party ) hereby stipulate and agree to the following terms and conditions (the Stipulation ): WHEREAS, the Court confirmed the Debtors Modified Joint Chapter 11 Plan [Docket No. 1178] (the Plan ) 2 which included a sixty (60) day period for the parties to negotiate and enter into a Proposed Environmental Claims Settlement Agreement. WHEREAS, on May 17, 2017, the Court entered a Stipulation and Order Modifying Certain Milestones Under the Debtors Modified Joint Chapter 11 Plan [Docket No. 1277] which extended the deadline for the Parties to enter into, and obtain Court approval of, a Proposed Environmental Claims Settlement Agreement, by a period of 60 days from April 28, 2017, through and including June 27, The debtors in these chapter 11 cases, along with the last four digits of each debtor s federal tax identification number, are: Sherwin Alumina Company, LLC (2376) and Sherwin Pipeline, Inc. (9047). Sherwin Alumina Company, LLC s service address is: Sherwin Alumina Company, LLC, c/o Drivetrain, LLC as Plan Administrator, 630 Third Avenue, 21st Floor, New York, New York Sherwin Pipeline, Inc. s service address is: 4633 Highway 361, Gregory, Texas Capitalized terms not otherwise defined herein shall have the meaning asibed to them in the Plan 1

2 Case Document 1482 Filed in TXSB on 01/11/18 Page 2 of 9 WHEREAS, on July 12, 2017, the Court entered a Stipulation and Order Modifying Certain Milestones Under the Debtors Modified Joint Chapter 11 Plan [Docket No. 1293] which extended the deadline for the Parties to enter into a Proposed Environmental Claims Settlement Agreement, by a period of 60 days from June 27, 2017, through and including August 28, WHEREAS, on October 10, 2017, the Court entered a Stipulation and Order Modifying Certain Milestones Under the Debtors Modified Joint Chapter 11 Plan [Docket No. 1304], which extended the deadline for the Parties to enter into a Proposed Environmental Claims Settlement Agreement, by a period of 60 days from August 28, 2017, through and including October 27, WHEREAS, on November 2, 2017, the Court entered a Stipulation and Order Modifying Certain Milestones Under the Debtors Modified Joint Chapter 11 Plan [Docket No. 1310], which extended the deadline for the Parties to enter into a Proposed Environmental Claims Settlement Agreement, by a period of 75 days from October 27, 2017, through and including January 10, WHEREAS, as of the date hereof, the Parties are continuing to negotiate a Proposed Environmental Settlement Agreement and have agreed to a further extension, which TCEQ has indicated will be the final extension to which it will consent absent further extraordinary circumstances. WHEREAS, the parties consider the arrival and aftermath of Hurricane Harvey to constitute an extraordinary circumstance which necessitates the length of this current extension. NOW WHEREFORE, the Parties agree and the Court hereby ORDERS as follows: 1. The recitals above are incorporated herein by reference. 2

3 Case Document 1482 Filed in TXSB on 01/11/18 Page 3 of 9 2. This extension is expressly conditioned upon the requirement that at least thirty (30) days before the expiration of the extension of time ordered herein, representatives of the nongovernmental Parties having settlement authority, and Senior Representative(s) from TCEQ who hold the authority to provide recommendations for the approval of the settlement terms to the Executive Director, shall meet for up to two full working days, in person, in Austin, Texas, at a time that is mutually convenient to the Parties in order to endeavor to achieve a resolution of any remaining issues preventing the Parties from reaching the Proposed Environmental Claims Settlement Agreement. On or before March 12 th, at 5 PM, the Parties shall file a joint status report with the Court. 3. Notwithstanding anything contained in the Plan or the Confirmation Order, the deadline for a Proposed Environmental Claims Settlement Agreement to be executed by each of the Proposed Environmental Claims Settlement Parties and filed with the Court pursuant to Bankruptcy Rule 9019 is extended by a period of 61 days from January 10, 2018, through and including March 12, For the avoidance of doubt, the Court shall not be required to approve the Proposed Environmental Claims Settlement Agreement by March 12, 2018 and the Parties expressly acknowledge the TCEQ must satisfy the publication and public comment requirements of Tex. Water Code before the Court approves the Proposed Environmental Claims Settlement Agreement. The Parties agree to continue all other related deadlines and obligations, including Debtors responsibilities under the Copano Property Interim Period from January 10, 2018, through and including the date of the Court s approval of the Proposed Environmental Claims Settlement Agreement or notification to the Court by the Parties of the termination of the settlement discussions without an agreement. [REMAINDER OF PAGE INTENTIONALLY BLANK] 3

4 Case Document 1482 Filed in TXSB on 01/11/18 Page 4 of 9 Dated: January 8, 2018 /s/ Gregory F. Pesce James H.M. Sprayregen, P.C. (admitted pro hac vice) Gregory F. Pesce (admitted pro hac vice) KIRKLAND & ELLIS LLP KIRKLAND & ELLIS INTERNATIONAL LLP 300 North LaSalle Chicago, Illinois Telephone: (312) Facsimile: (312) james.sprayregen@kirkland.com gregory.pesce@kirkland.com -and- Christopher Marcus, P.C. (admitted pro hac vice) Joshua A. Sussberg, P.C. (admitted pro hac vice) KIRKLAND & ELLIS LLP KIRKLAND & ELLIS INTERNATIONAL LLP 601 Lexington Avenue New York, New York Telephone: (212) Facsimile: (212) christopher.marcus@kirkland.com joshua.sussberg@kirkland.com Co-counsel for Sherwin Alumina Company, LLC /s/ Steven J. Reisman Steven J. Reisman (admitted pro hac vice) Shaya Rochester (admitted pro hac vice) CURTIS, MALLET-PREVOST, COLT & MOSLE LLP 101 Park Avenue New York, New York Telephone: (212) Facsimile: (212) sreisman@curtis.com srochester@curtis.com Co-counsel for Commodity Funding LLC /s/ Paul D. Moak Paul D. Moak (State Bar No ) Benjamin W. Hugon (State Bar No ) 4

5 Case Document 1482 Filed in TXSB on 01/11/18 Page 5 of 9 MCKOOL SMITH P.C. 600 Travis, Suite 7000 Houston, Texas Telephone: (713) Facsimile: (713) pmoak@mckoolsmith.com bhugon@mckoolsmith.com Counsel for Reynolds Metals Company /s/ Abigail Ryan Abigail Ryan Texas State Bar No S. Dist. Bar No Senior Attorney, Bankruptcy Program Manager for Texas Commission on Environmental Quality Park 35 Circle, Bldg. E, Austin, Texas Telephone: (512) Abigail.Ryan@tceq.texas.gov /s/ Todd B. Headden Ken Paxton Attorney General of Texas Jeffrey C. Mateer First Assistant Attorney General Brantley Starr Deputy First Assistant Ronald R. Del Vento Assistant Attorney General Chief, Bankruptcy & Collections Division Hal F. Morris Texas State Bar No S. Dist. Bar No Ashley Flynn Bartram Texas State Bar No S. Dist. Bar No Todd B. Headden Texas State Bar No S.D. Bar No

6 Case Document 1482 Filed in TXSB on 01/11/18 Page 6 of 9 Bankruptcy & Collections Division P. O. Box Austin, Texas Telephone: (512) Facsimile: (512) ashley.bartram@oag.texas.gov todd.headden@oag.texas.gov Counsel for the Texas Commission on Environmental Quality IT IS SO ORDERED. Signed: Signed: January 08, The Hon. David R. Jones United States Bankruptcy Judge DAVID R. JONES UNITED STATES BANKRUPTCY JUDGE 6

7 Case Document 1482 Filed in TXSB on 01/11/18 Page 7 of 9 United States Bankruptcy Court Southern District of Texas In re: Case No drj Sherwin Alumina Company, LLC Chapter 11 Official Committee of Unsecured Creditor Debtors CERTIFICATE OF NOTICE District/off: User: LinhthuDo Page 1 of 3 Date Rcvd: Jan 09, 2018 Form ID: pdf002 Total Noticed: 57 Notice by first class mail was sent to the following persons/entities by the Bankruptcy Noticing Center on Jan 11, db +Sherwin Alumina Company, LLC, c/o Drivetrain LLC as Plan Administrator, 630 Third Avenue 21st Floor, New York, NY jdb Sherwin Pipeline, Inc., 4633 Highway 361, Gregory, TX aty +AIG Specialty Insurance Company, c/o Scott Davis, Gardere Wynne Sewell, 1601 Elm Street, Suite 3000, Dallas, TX aty +Aaron Krieger, Chapman & Cutler LLP, 111 West Monroe St, Chicago, IL aty +Aidan Synnott, Paul Weiss Rifkind Wharton & Garrison LL, 1285 Avenue of the Americas, New York, NY aty +Damon C. Andrews, Kirkland & Ellis LLP, 655 Fifteenth Street, N.W., Washington, DC aty +Darren Brown, 435 West Nakoma, Suite 101, San Antonio, TX 78216, US aty #+David Hock, Cohen Weiss and Simon LLP, 330 West 42nd Street, 25th Floor, New York, NY aty +Dina Glelchinsky, ASK LLP, 151 West 46th Street, 4th Floor, New York, NY aty +Edward E Neiger, ASK LLP, 151 West 46th Street, 4th Floor, New York, NY aty +Gilbert "James" Martinez, The Henning Firm, 435 W. Nakoma, Ste. 101, San Antonio, TX aty +Jacqueline P. Rubin, Paul, Weiss et al., 1285 Avenue of the Americas, NYC, NY aty +Kirkland & Ellis LLP and Kirkland & Ellis Internat, 300 North LaSalle, Chicago, IL aty +Nate Taylor, Kirkland & Ellis LLP, 601 Lexington Avenue, New York, NY aty +Oscar Luis Cantu, Jr, OSCAR CANTU Attorney at Law, 1515 N St Marys, San Antonio, TX aty +Paul N. Silverstein, Andrews Kurth LLP, 450 Lexington Avenue, NYC, NY aty Turner Smith, Curtis, Mallet-Prevost & Mosle LLP, 101 Park Avenue, New York, NY aty +Zack Clement, 1301 McKinney, Suite 5100, Houston, TX All Specialty Construction, Inc., c/o Ronald A. Simank, SCHAUER & SIMANK, P.C., 615 N Upper Broadway, Suite 700, Corpus Christi, TX CCC Group, Inc., c/o Duane Brescia, 720 Brazos St., Suite 700, Austin, TX Caterpillar Financial Services Corporaton, 2120 West Avenue, Nashville, TN E-Crane International USA, Anderson, Lehrman, Barre & Maraist, LLP, 1001 Third Street, Suite 1, Corpus Christi, TX intp +Edward Warren, Co. Rd. 1344, Sinton, TX 78387, UNITED STATES First Instrument Solutions, Ltd, POB 542, Corpus Christi, TX GHX Industrial, LLC, 6750 West Loop S. Ste 920, 4413 Lafayette, Bellaire, TX fa +Gavin/Solmonese LLC, 919 N. Market Street, Suite 600, Wilmington, DE J. M. Davidson, Inc., P.O. Box 4639, Corpus Christi, Tx op +Kurtzman Carson Consultants, 2335 Alaska Ave, El Segundo, CA Luis Baldemar Rios Hernandez, Herrman & Herrman, PLLC, 1201 Third Street, Corpus Christi, TX MMR Technical Services, Inc., Airline Highway, Baton Rouge, LA Malek, Inc., c/o: Lisa C. Fancher, Fritz, Byrne, Head & Fitzpatrick, PLLC, Austin, TX Michael Guerrero, Powell Dr., Corpus Christi, TX 78410, UNITED STATES OF AMERICA Mid-Coast Electric Supply, Inc., c/o BARTON EAST & CALDWELL, PLLC, 700 N. St. Mary s Street, STE. 1825, San Antonio, TX cm +Official Committee of Unsecured Creditors of Sherw, Andrews Kurth LLP, 600 Travis, Suite 4200, Houston, TX Palacios Marine & Industrial Coatings, Inc., PO Box 875, Palacios, Tx intp +Port of Corpus Christi Authority, c/o Lynn H. Butler, Husch Blackwell LLP, 111 Congress Ave., Suite 1400, Austin, TX Primeshares, 261 Fifth Avenue, 22nd Floor, New York, NY Railworks Track Systems, Inc., c/o Baker Donelson, 1301 McKinney St., Suite 3700, Houston, TX Rexco Inc., 1001 Third Street, Suite 1, Corpus Christi, TX Sealing Products of Corpus Christi, LLP, Dept 3139 P.O. Box , Dallas, TX intp +Siwertell AB, c/o L. Katie Mason, Esq., Reinhart Boerner Van Deuren s.c., 1000 N. Water Street, Suite 1700, Milwaukee, WI Stream Construction, Anderson, Lehrman, Barre & Maraist, LLP, 1001 Third Street, Suite 1, Corpus Christi, TX Summit Funding Group, Inc., C/o Alan B. Padfield, Padfield & Stout, LLP, 421 W. Third Street, Suite 910, Fort Worth, TX Swagelok Corpus Christi, Bldg 2, Suite 200, Austin, TX TANNOR PARTNERS CREDIT FUND LP, 555 THEODORE FREMD AVENUE, SUITE C 209, RYE NY (address filed with court: Tannor Partners Credit Fund LP, 150 GRAND STREET, SUITE 401, WHITE PLAINS, NY 10601) intp Texas Commission on Environmental Quality, c/o Office of the Attorney General, P. O. Box MC-008, Austin, TX Texas Comptroller of Public Accounts, Jay W. Hurst, P.O. Box 12548, Austin, TX Texas Comptroller of Public Accounts, c/o Office of the Attorney General, Bankruptcy & Collections Division, P. O. Box MC-008, Austin, TX Ultrabulk A/S, c/o BLANK ROME LLP, 717 Texas Ave., Suite 1400, Houston, TX

8 Case Document 1482 Filed in TXSB on 01/11/18 Page 8 of 9 District/off: User: LinhthuDo Page 2 of 3 Date Rcvd: Jan 09, 2018 Form ID: pdf002 Total Noticed: 57 +United Healthcare Services, Inc., c/o Shipman & Goodwin LLP, One Constitution Plaza, Hartford, CT United Steel, Paper and Forestry, Rubber, Manufact, Patrick M. Flynn, P.C., 1225 North Loop West, Suite 1000, Houston, TX UnitedHealthcare Insurance Company, c/o Shipman & Goodwin LLP, One Constitution Plaza, Hartford, CT op +Vinson & Elkins LLP, 1001 Fannin Street, Suite 2500, Houston, TX Wells Fargo Equipment Finance, Inc., c/o Robert L. Barrows, Warren, Drugan & Barrows, P.C., 800 Broadway, San Antonio, TX intp +Worley Parsons Group, c/o Jason S. Brookner, Gray Reed & McGraw, P.C., 1601 Elm St., Suite 4600, Dallas, TX Notice by electronic transmission was sent to the following persons/entities by the Bankruptcy Noticing Center. fa + /Text: jlukenda@huronconsultinggroup.com Jan :54:00 Huron Consulting Group, 1120 Avenue of the Americas, 8th Floor, 8th Floor, New York,, NY /Text: LSI@LIQUIDITYSOLUTIONS.COM Jan :54:49 Liquidity Solutions, Inc., 1 University Plaza, Suite 312, Hackensack, NJ TOTAL: 2 ***** BYPASSED RECIPIENTS (undeliverable, * duplicate) ***** aty Kirkland & Ellis International LLP AESSeal Sealing Products of Corpus Christi, LLP Aransas County Austin White Lime Company Cheniere Energy, Inc. pla Christine Guadalupe Lopez, Bandas Law Firm, P.C., c/o 500 N. Shoreline Blvd. #1020, Corpus Christi intp Commodity Funding, LLC intp Corpus Christi Alumina LLC Cytec Industries, Inc. D.O.L.S. Managed Workforce, Inc. D.O.L.S. Managed Workforces, Inc. ExxonMobil Business Support Centre Canada ULC, 95 Foundry Street, Suite 107, Moncton, NB, CA GATX Rail Locomotive Group, L.L.C. intp Glencore, Ltd. and certain of its affiliates Gregory Power Partners LLC HOLT Texas, Ltd. d/b/a Holt Cat Hooks Industrial, Inc. Host Terminals, Inc. Kenneth, et al Bennett Lhoist North America of Texas, Ltd. Lonesome Dove Capital LP d/b/a South Texas Valve & Nashtec, LLC Noranda Bauxite Ltd. Nueces County Outotec (USA) Inc. Pension Benefit Guaranty Corporation intp Reynolds Metals Company San Patricio County San Patricio Municipal Water District South Texas Overhead Cranes and Hoists, LLC South Texas Valve & Repair LP Southoss Marketing Company Ltd. Steam Systems Specialties Strom Engineering Corporation Tetra Financial Group Trinity, A Division Of Bank Of The West Union Pacific Railroad Company Veolia ES Industrial Services, Inc. * +Darren Brown, 435 West Nakoma, Suite 101, San Antonio, TX 78216, US TOTALS: 38, * 1, ## 0 Addresses marked + were corrected by inserting the ZIP or replacing an incorrect ZIP. USPS regulations require that automation-compatible mail display the correct ZIP. Transmission times for electronic delivery are Eastern Time zone. Addresses marked ++ were redirected to the recipient s preferred mailing address pursuant to 11 U.S.C. 342(f)/Fed.R.Bank.PR.2002(g)(4). Addresses marked # were identified by the USPS National Change of Address system as requiring an update. While the notice was still deliverable, the notice recipient was advised to update its address with the court immediately.

9 Case Document 1482 Filed in TXSB on 01/11/18 Page 9 of 9 District/off: User: LinhthuDo Page 3 of 3 Date Rcvd: Jan 09, 2018 Form ID: pdf002 Total Noticed: 57 ***** BYPASSED RECIPIENTS (continued) ***** I, Joseph Speetjens, declare under the penalty of perjury that I have sent the attached document to the above listed entities in the manner shown, and prepared the Certificate of Notice and that it is true and correct to the best of my information and belief. Meeting of Creditor Notices only (Official Form 309): Pursuant to Fed. R. Bank. P. 2002(a)(1), a notice containing the complete Social Security Number (SSN) of the debtor(s) was furnished to all parties listed. This official court copy contains the redacted SSN as required by the bankruptcy rules and the Judiciary s privacy policies. Date: Jan 11, 2018 _ Signature: /s/joseph Speetjens CM/ECF NOTICE OF ELECTRONIC FILING The following persons/entities were sent notice through the court s CM/ECF electronic mail ( ) system on January 9, 2018 at the address(es) listed below: NONE. TOTAL: 0