| General Information | Case Information | Assets Sale | Claim Form | Key Parties | Official Committee of Unsecured Creditors |
Other |
General Information
On April 6, 2011, 4Kids Entertainment, Inc. and eleven (11) affiliated companies (collectively, the “Debtors”) filed petitions in the United States Bankruptcy Court for the Southern District of New York seeking relief under chapter 11 of the United States Bankruptcy Code. The Debtors’ cases have been assigned to Judge Shelley C. Chapman. These cases are being jointly administered for procedural purposes, meaning that all pleadings filed in these cases will be reflected on case docket for 4Kids Entertainment, Inc., Case No. 11-11607 (the "Main Case Docket"). The Main Case Docket can be accessed through the website maintained by the United States Bankruptcy Court for the Southern District of New York (http://www.nysb.uscourts.gov). An unofficial version of the Main Case Docket is accessible by selecting the “Docket” link at the top of this page.
Debtors' Disclosure Statement and Confirmation of Debtors' Amended Joint Plan of Reorganization
On December 13, 2012, the Bankruptcy Court for the Southern District of New York entered an Order Confirming The Debtors’ Amended Joint Plan Of Reorganization for 4Kids Entertainment, Inc. and its affiliated Debtors. For a copy of the Confirmation Order (Docket No. 1036), please click here.
Hearing on Debtors' Disclosure Statement
A hearing to consider the Adequacy of the Disclosure Statement was held before the Honorable Shelley C. Chapman on October 30, 2012 at 2:00 p.m. (Prevailing Eastern Time) convened at the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”), Courtroom 621, One Bowling Green, New York, NY 10004-1408. The Disclosure Statement may be amended at any time prior to or at the Disclosure Statement Hearing, and the Disclosure Statement Hearing may be adjourned from time to time without further notice, except for the announcement of the adjourned date(s) at the Disclosure Statement Hearing or any continued hearing(s). For a copy of the Disclosure Statement Hearing Notice (Docket No. 890), please click here.
Plan Related Documents
- Debtors’ Amended Joint Plan of Reorganization Pursuant to Chapter 11 of the United States Bankruptcy Code [Docket No. 934]
- Amended Disclosure Statement with Respect to Debtors’ Proposed Amended Joint Plan of Reorganization [Docket No. 935]
- Debtors’ Motion for Order (A) Approving Disclosure Statement; (B) Fixing Voting Record Date; (C) Approving Solicitation and Voting Procedures with Respect to Debtors’ Chapter 11 Plan; (D) Approving Form of Solicitation Package and Notices; and (E) Scheduling Certain Dates in Connection Therewith [Docket No. 889]
- Notice of (I) Filing of Disclosure Statement and Solicitation Procedures Motion and Deadline and Procedures for Filing Objections thereto and (II) Hearing on Disclosure Statement [Docket No. 890]
Section 341 Meeting of Creditors
In accordance with section 341 of the Bankruptcy Code, a meeting of the Debtors' creditors was conducted on Tuesday, May 24, 2011 at 2:00 p.m. (prevailing Eastern time), at the Office of the United States Trustee, 80 Broad Street, 4th Floor, New York, NY 10004.
Debtors
| Lead Debtor: | ||||
| 4Kids Entertainment, Inc. | Case No.: | 11-11607 | ||
| Related Debtors: | ||||
| 4Kids Ad Sales, Inc. | Case No.: | 11-11610 | ||
| 4Kids Digital Games, Inc. | Case No.: | 11-11611 | ||
| 4Kids Entertainment Home Video, Inc. | Case No.: | 11-11612 | ||
| 4Kids Entertainment Licensing, Inc. | Case No.: | 11-11614 | ||
| 4Kids Entertainment Music, Inc. | Case No.: | 11-11613 | ||
| 4Kids Productions, Inc. | Case No.: | 11-11615 | ||
| 4Kids Technology, Inc. | Case No.: | 11-11616 | ||
| 4Kids Websites, Inc. | Case No.: | 11-11618 | ||
| 4Sight Licensing Solutions, Inc. | Case No.: | 11-11619 | ||
| The Summit Media Group, Inc. | Case No.: | 11-11620 | ||
| World Martial Arts Productions, Inc. | Case No.: | 11-11622 | ||
Proofs of Claim
The deadline for the filing of proofs of claim against the Debtors has been established by the Bankruptcy Court as, and expired on, April 18, 2012 at 5:00 p.m. (prevailing Eastern Time) for the General and Section 503(b)(9) Bar Dates.
| If by First-Class Mail: |
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4Kids Entertainment, Inc. Claims Processing Center c/o Epiq Bankruptcy Solutions, LLC FDR Station, P.O. Box 5011 New York, NY 10150-5011 |
| If by Hand Delivery or Overnight Mail: |
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4Kids Entertainment, Inc. Claims Processing Center c/o Epiq Bankruptcy Solutions, LLC 757 Third Avenue, 3rd Floor New York, NY 10017 |
A blank proof of claim form can be obtained here.
Key Professionals
| Debtors' Counsel | ||||||
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Kaye Scholer LLP 425 Park Avenue New York, NY 10022 http://www.kayescholer.com
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Kaye Scholer LLP 70 West Madison Street, Suite 4100 Chicago, IL 60602 http://www.kayescholer.com
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| Official Committee of Unsecured Creditors' Counsel | ||||||
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Hahn & Hessen LLP 488 Madison Avenue New York, NY 10022 http://hahnhessen.com
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Official Committee of Unsecured Creditors
Pursuant to Docket #184, the following creditors have been appointed to the Official Committee of Unsecured Creditors in these cases by the Office of the United States Trustee:
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The Pokemon Company International, Inc. 333 108th Avenue NE, 13th Floor Bellevue, WA 98004
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Twenty Third Street Associates c/o Adams & Company Real Estate, LLC 411 Fifth Avenue, 9th Floor New York, NY 20027
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The Cat Fanciers' Association, Inc. 1805 Atlantic Ave. Manasquan, NJ 08736
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U.S. Trustee
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Official Committee of Unsecured Creditors
The United States Trustee for the Southern District of New York (the "UST") has appointed a committee of creditors holding unsecured claims against 4Kids Entertainment, Inc. and its affiliated debtors (the “Debtors”) to serve as the Official Committee of Unsecured Creditors (the "Creditors' Committee"). In selecting the members of the Creditors' Committee, the UST considered, among other things, the size of the members' claims, their stated desire to serve on the Creditors' Committee and their respective relationship with the Debtors.
Pursuant to Docket #184, the following creditors have been appointed to the Creditors’ Committee in this case by the UST:
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The Pokemon Company International, Inc. 333 108th Avenue NE, 13th Floor Bellevue, WA 98004 Attn: Don McGowan, General Counsel |
Twenty Third Street Associates c/o Adams & Company Real Estate, LLC 411 Fifth Avenue, 9th Floor New York, NY 20027 Attn: James Buslik |
The Cat Fanciers’ Association, Inc. 1805 Atlantic Ave. Manasquan, NJ 08736 Attn: Edward L. Raymond, Jr. |
Pursuant to an Order of the Court entered on September 14, the Creditors’ Committee retained Hahn & Hessen LLP (“Hahn & Hessen”) as its counsel.
This website was created to assist the Creditors' Committee in providing access to information to unsecured creditors and to solicit and receive comments from such creditors. To the extent you have any questions or comments you wish to share with the Creditors' Committee, please send an email to: 4KidsCommittee@epiqsystems.com.
General Questions & Answers
Click on the question for the answer to show:-
What is the Official Committee of Unsecured Creditors?
The Official Committee of Unsecured Creditors is appointed by the United States Trustee to represent the interests of unsecured creditors in a chapter 11 bankruptcy case.
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What is the role of the Official Committee of Unsecured Creditors?
The basic function of the Official Committee of Unsecured Creditors is to act as both watchdog of the Debtors and advisor to its creditor constituents. The general duties of the Official Committee of Unsecured Creditors are set out in the Bankruptcy Code. The Official Committee of Unsecured Creditors may employ legal counsel or other consultants and advisors, confer with the Debtors in the administration of the bankruptcy estates, conduct investigations into the Debtors' financial affairs, participate in formation of a plan of reorganization, and generally represent the interests of unsecured creditors.
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Who are the members of the Official Committee of Unsecured Creditors?
The current members of the Official Committee of Unsecured Creditors are: (i) The Pokemon Company International, Inc., (ii) Twenty Third Street Associates, and (iii) The Cat Fanciers’ Association, Inc.
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Who represents the Official Committee of Unsecured Creditors?
The Official Committee of Unsecured Creditors has retained Hahn & Hessen as its bankruptcy counsel. You can contact 4KidsCommittee@epiqsystems.com if you have any questions or comments you wish to share with the Official Committee of Unsecured Creditors.
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Who is the judge presiding over the 4Kids Entertainment, Inc. case?
The 4Kids Entertainment, Inc. bankruptcy case is assigned to the Honorable Shelley C. Chapman, United States Bankruptcy Judge for the Southern District of New York. The phone number for the United States Bankruptcy Court for the Southern District of New York is (212) 668-2870. The mailing address is: One Bowling Green, New York, NY 10004.
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Who is the United States Trustee in the 4Kids Entertainment, Inc. case?
The attorney from the United States Trustee’s Office for the 4Kids Entertainment, Inc. bankruptcy case is Serene K. Nakano, Esq. Ms. Nakano can be contacted at (212) 510-0500.
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What role does the United States Trustee play in the 4Kids Entertainment, Inc. case?
The United States Trustee is a public official whose general responsibility is to ensure that the public interest is being properly served in the administration of bankruptcy case. The United States Trustee has extensive duties, including monitoring the bankruptcy case, ensuring that a debtor is properly filing its schedules and reports, watching for abuse and other illicit behavior by a debtor, creditors or other parties participating in the bankruptcy case, and assisting the U.S. Attorney in prosecuting crimes committed in the course of a bankruptcy case.
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Why am I receiving information about the 4Kids Entertainment, Inc. cases?
Certain notices (the "Notices") have been sent to all potential creditors in the 4Kids Entertainment, Inc. bankruptcy cases. If you received a Notice, it is most likely because you have done business with the Debtors in the past, most likely as a customer or as a vendor. The purpose of the Notice is to inform you of the Debtors' bankruptcy filings, and to give you an opportunity to determine whether you wish to assert a claim against the Debtors. The fact that you received a Notice does not necessarily mean that you have a claim against the Debtors. You should consult with your attorney to determine whether or not you have a claim.
For further information, you may wish to contact the Debtors' claims agent, Epiq Bankruptcy Solutions, LLC. They can be reached at (646) 282-2400. -
Do I need to file a proof of claim?
If you believe that you or an entity that you represent has a claim against the Debtors, you should consult your own counsel in deciding whether to file a proof of claim. This website does not provide legal advice. To file a Proof of Claim, send it the address listed here along with copies of any relevant documentation supporting the claim. The address of the claims agent and a blank Proof of Claim Form can be found on this website under "Claim Form".
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What is the deadline for filing a proof of claim?
The deadline for the filing of proofs of claim against the Debtors has been established by the Bankruptcy Court as, and expired on, April 18, 2012 at 5:00 p.m. (prevailing Eastern Time) for the General and Section 503(b)(9) Bar Dates.
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Have the Debtors filed their Schedules of Assets and Liabilities and Statements of Financial Affairs?
Yes, they can be viewed at the "Key Documents" link above.
Claims Trading
THE CREDITORS' COMMITTEE MAKES NO RECOMMENDATION AS TO WHETHER ANY CREDITOR SHOULD BUY OR SELL ANY CLAIM. IN ADDITION, THE CREDITORS' COMMITTEE MAKES NO RECOMMENDATION AS TO WHICH CLAIMS BUYER YOU SHOULD SELL YOUR CLAIM TO OR THE REASONABLENESS OF ANY PRICE BEING OFFERED FOR YOUR CLAIM.
IF YOU ARE CONSIDERING SELLING YOUR CLAIM, THE COMMITTEE STRONGLY SUGGESTS THAT YOU CONSULT WITH YOUR ATTORNEY OR OTHER ADVISOR.
Useful Links
| Debtors’ Website: | http://www.4kidsentertainmentinc.com |
Website Information
An unofficial version of the Main Case Docket can be accessed through this website by selecting the “Docket” link at the top of this page. In addition, from time to time, certain key documents filed in these cases or otherwise made available by the Debtors will be available by selecting the “Key Documents” link above. Should you have any questions relating to this website, please feel free to contact us at 646.282.2400.
Sale of Debtors Yu-Gi-Oh!-and CW Network-Related Assets
On April 17, 2012, the Debtors filed with the Court a motion to approve a sale of the Debtors' Yu-Gi-Oh! related assets and certain other assets, which are defined as the "Purchased Assets" in the APA with Kidsco Media Ventures LLC or any other successful bidder(s). The Assets are to be sold, free and clear of all liens, claims, encumbrances and other interests pursuant to section 363 of the Bankruptcy Code. The Debtors also seek to assume and assign to the successful bidder(s) certain executory contracts and unexpired leases pursuant to section 365 of the Bankruptcy Code.
Per the Bidding Procedures Order approved by the Bankruptcy Court on April 27, 2012, the following deadlines and dates have been set:
BID DEADLINE: May 31, 2012 at 4:00 p.m. (prevailing Eastern Time)
AUCTION DATE AND TIME (if necessary): June 5, 2012 starting at 10:00 a.m. (prevailing Eastern Time)
SALE HEARING DATE AND TIME: June 26, 2012 at 10:00 a.m. (prevailing Eastern Time)
For more information on the Auction and Sale Hearing, please see the Bidding Procedures Order.
Sale Motion
• To see a complete copy of the Sale Motion, please click here. [Docket #588]
Bidding Procedures Order
• To see a copy of the Bidding Procedures Order related to the Sale, please click here. [Docket #613]
Sale Notice
• To see a copy of the Sale Notice related to the Sale, please click here. [Docket #619]
Assumption and Assignment Notice
• To see a copy of the Assumption and Assignment Notice related to the Sale, please click here. [Docket #620]
Order Authorizing Sale of Debtors Yu-Gi-Oh!-And CW Network-Related Assets
• To see a copy of the Sale Order, please click here. [Docket #750]
