U.S. Trustee Appoints HearUSA Creditors' Committee


The United States Trustee for Region 21 announced the appointment of an Official Committee of Unsecured Creditors for the HearUSA bankruptcy in a court filing Wednesday. HearUSA, Inc. (AMEX: EAR) voluntarily filed for chapter 11 bankruptcy protection in the Southern District of Florida last week in order to complete a sale of substantially all of its assets to an affiliate of William Demant Holdings A/S (for more on the bankruptcy filing and the proposed asset sale, please see an earlier post available at http://blog.ch11cases.com/2011/05/hearusa-inc-nyse-ear-files-for-chapter.html#axzz1NRc3AbhA). The company operates a network of approximately 1,800 "hearing care provider locations," 134 of which are company-owned.

The members of the Creditors' Committee are:

* Hansaton Accoustics Inc.

* Phonak LLC

* Family Hearing Aid Center

* JKG Group

* Dalco Contingency, LLC

The U.S. Trustee has selected the representative of Hansaton Acoustics to act as the temporary chairperson for the Committee.

For access to all major pleadings filed in this case, please visit http://www.chapter11cases.com/HearUSA-Inc_c_25578.html

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Randall Reese, Restructuring Concepts LLC | Attorney Advertising

Written by:


Restructuring Concepts LLC on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.