RECE~VE~
CLERK’S OFFICE
Q-~~~
~~~fl/~\iL
MAY12
2004
IR\l
\
,
It\IIn\I
STATE OF ILLINOIS
IN THE
&~
S~fATES
4LNf~RUP~Q-Y
COURT
poIIut~on
Control Board
FOR THE EASTERN DISTRICT OFWISCONSIN
In re:
)
Chapter
11
FV Steel
and
Wire Company,
et al.,’
Case No.
04-22421
-
SVK
(Jointly Administered)
5
Debtors.
)
)
NOTICE
OF (A)
COMMENCEMENT
OF CHAPTER
11
BANKRUPTCY CASES AND (B’~MEETING OF CREDITORS
A.
COMMENCEMENT OF CASES
On
February
26,
2004
(the “Petition
Date”),
each of the debtors and debtors
in possession
in the above-
captioned chapter
11
cases (collectively, the “Debtors”)
filed
voluntary petitions
for relief under chapter
11
of title
11
of
the
United
States
Code,
11
U.S.C.
§~
101
through
1330
(the
“Bankruptcy Code”)
in
the
United
States
Bankruptcy
Court
for
the
Eastern
District
of
Wisconsin,
517
B.
Wisconsin
Ave., Milwaukee,
WI
53202
(the
“Bankruptcy Court”).
Orders
for relief have been entered
in each
case
(collectively,
the “Chapter
11
Cases”).
Each
Debtor,
with its respective case number and federal tax identification number, is. as follnws:
r~wf~1~1II
~imuf liii
j
~~~~RUIII
I*~
~
~‘
~I
iir~*i~iuii
~i~ua~ui1~
iw~uuuiwa~~irnauiai
FV Steel andWire Company
04-22421-SVK
39-0784626
Keystone Consolidated
Industries, Inc.
04-22422-SVK
37-0364250
DeSoto Environmental Management, Inc.
04-22423-SVK
36-3973226
J.L. Prescott Company
04-22424-SVK
22-1208340
Sherman WireCompany
04-22425-SVK
36-1899490
ShermanWire ofCaldwell, Inc.
04-22426-SVK
75-2 195768
DOCUMENTS FILED
IN THESE CASES.
You will
not receive notice of all
documents filed
in
these
Chapter
11
Cases.
All documents are
available
(i) for inspection at the
Office of the Clerk of the U.S. Bankruptcy Court, U.S.
Courthouse,
517
E.
Wisconsin Avenue,
Room
126, Milwaukee,
WI
53202, Phone:
(414)
297-3291
(“the Clerk’s
Office”); and
(ii)
on
the Debtors’ private website
maintained by
Kurtzman Carson
Consultants LLC
(“KCC”)
at
http://www.kccllc.net/keystone
(the
“Debtors’
Private
Website”),
phone:
866-381-9100.
The
Debtors’
Private
Website shall contain information, deadlines in these Chapter
11 Cases and certain other documents relating to these
Chapter
11
Cases. NOTE:
The staffof the Clerk’s Office,
the Debtors. KCC and any of the Debtors’
professionals
are prohibitedby law from civine legal advice.
PURPOSE
OF
CHAPTER
11
FILING.
Chapter
11
of the Bankruptcy Code enables a
debtor to
operate while in
bankruptcy
and to reorganize pursuant to a plan.
A
plan
is not effective unless
approved by
a bankruptcy court at
a
confirmation
hearing.
Creditors
will
be
given notice
concerning any plan or notice
in the event
these
Chapter
II
Cases are dismissed or converted to another chapter of theBankruptcy Code.
Each Debtorwill remain in possession
of its property and will continue to operate its business unless a trustee is appoint-ed.
CREDITORS
MAY NOT
TAKE
CERTA17’~1ACT-IONS.
A creditor
is
anyone
to
whom a
debtor owes money
or
property.
Under the Bankruptcy Code,
the Debtors are
granted certain protection against creditors holding claims or
equity interests which arose prior to the Petition
Date.
Common
examples of prohibited actions
by creditors whose
claims arose prior to the Petition Dateare contacting adebtor to demand repayment, takingaetion againstaslebtntro
collect money
owed to
creditors
or to
take property of a debtor and starting
or continuing
foreclosure actions
or
The Debtors
are
the following
entities:
FV
Steel
and Wire Company,
Keystone Consolidated
Industries, Inc.,
DeSoto
Environmental Management,
Inc., J.L. Prescott Company,
Sherman Wire Company
f/k/a
DeSoto, Inc.
and ShermanWire of CaIdwell,
Inc.
I~
IIII~IIUI
IUII1II
III I~IIIIIIIIIIIIIIIIIIIIll
II IU
0422422040416000000000002
repossessioñs. If unauthorized actions are taken by
a creditor against -a Debtor,
the Bankruptcy Court
may penalize
that creditor
A creditor considering taking action against
a Debtor or the Debtor s property should
review
section
362 of the Bankruptcy Code and may wish to seek legal advice
DISCHARGE
OF
DEBTS.
Confirmation
of
a plan
may result in
a discharge
of the Debtors’
debts,
which may
include
all
or part of a creditor’s
claim.
~
Section
1141(d) of the
Bankruptcy Code.
A
discharge means that you
may nevertry to collect the debt from any of the Debtors, except as provided in the plan.
CASE MANAGEMENTAND ADMINISTRATIVE PROCEDURES.
On February 27,
2004, the Bankruptcy Court
entered
an
Order
Establishing
Certain
Notice,
Case
Management
and
Administrative
Procedures
(the
“Case
Management
Order”).
The
Case
Management
Order and
accompanying
case management procedures describe
notice,
service
and
other
related
procedures
that
apply
in
these
Chapter
11
Cases.
All
parties
who
desire
to
participate
in
these
Chapter Il
Cases must follow the procedures set forth in the Case Management Order.
A copy
of
the
Case
Management
Order
may
be
obtained
(a)
by
accessing
the
Debtors’
Private
Website
at
http://www.kcclle.net/keystone;
(b)
by
contacting
KCC
at the
address and phone number
listed herein;
or
(c)
by
contacting the Clerk’s Office.
DEBTORS’
SCHEDULES.
The
Debtors
Schedules
of
Assets and
Liabilities
will
be
a~~ailable
for
examination
during
regular
business
hours
at
the
Clerk’s
Office
or
on
the
Debtors’
Private
Website,
http://www.keelle.net/keystone after April 26,
2004.
B.
MEETING
OF CREDITORS
DATE.
TIME AND
LOCATION
OF
MEETING
OF
CREDITORS.
Pursuant
to
section
341
of the Bankruptcy
Code,
the United States Trustee for the Eastern District
of Wisconsin has set May
10,
2004
at 11:00 a.m., Room
428
of the
Federal
Courthouse,
517
East
Wisconsin
Avenue,
Milwaukee,
WI
53202
as
the
date,
time
and
location for the
meeting of creditors (the “341 Meeting”).
MEETING
OF
CREDITORS.
The Debtors’
representative,
as
specified
in
Rule
900
1(5)
of the Federal
Rules of
Bankruptcy Procedure
(the “Bankruptcy Rules”), is
required to
appear at the 341
Meeting for the purpose of being
examined
under
oath.
Attendance
by
creditors
at
the
341
Meeting
is
welcomed
but
not
required.
At
the
341
Meeting,
the
creditors may examine
the Debtors’
representative and transact
such other
business
as
may
properly
come before the 341
Meeting.
The 341
Meeting may be
continued or adjourned from
time
to time by
notice at the
341
Meeting but without further written notice to the creditors.
NAME. ADDRESS
AND
TELEPHONE
NUMBER
OF
U.S.
TRUSTEE.
David W.
Asbaeh,
Assistant
United
States Trustee,
517 East Wisconsin
Avenue,
Milwaukee, WI
53202, Telephone:
(414)
297-4499, Facsimile: (414)
297-4478.
Dated: April
16, 2004
Respectfully submitted,
Milwaukee, Wisconsin
KIRKLAND & ELLIS LLP
WHYTE HIRSCHBOECK DUDEK S.C.
David L. Eaton
Bruce G. Arnold
Anne M. Huber
Daryl L. Diesing
Ryan S. Nadiek
Patrick B. Howell
Tasneem K. Goodman
555
E Wells Street, Suite
1900
200 East Randolph Drive
Milwaukee, WI
53202-38 19
Chicago, Illinois 60601-6636
Co-Counsel
for the Debtors andDebtors in Possession
Direct Inquiriesto:
Matt Mendia
Kurtzman Carson Consultants LLC
12910 Culver Blvd.,
Suite I
Los Angeles, CA 90066
(866) 381-9100
E-mail: keystonewebinfo~keelle.eom