Zodiac Pool foreign representative granted closure of Chapter 15 case

By Kali Hays

New York, Oct. 22 – Zodiac Pool Solutions SAS foreign representative François Mirallé won approval to close the company’s Chapter 15 bankruptcy case under an Oct. 22 order from the U.S. Bankruptcy Court for the District of Delaware.

As previously reported, Zodiac gained recognition and approval to amend and extend the maturity dates of its debt facilities from the High Court of Justice of England and Wales in July and recognition and enforcement of the English orders from the Bankruptcy Court on Aug. 29.

Mirallé said that the English proceedings were substantially completed on July 31 and that the company closed the transactions related to the amendment and extension on Sept. 17.

“The Chapter 15 cases were commenced to ensure the enforcement of the amendment and extension in the United States. Having achieved that goal, and because there are no outstanding issues that might require relief, it is appropriate to terminate the cases at this time,” Mirallé said.

Zodiac, a London-based supplier of swimming pool care products, filed for bankruptcy on July 31. The Chapter 15 case number is 14-11818.

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