Key Dates Set for the Diamond Chapter 11 Claim Process

As we were the first to report, the winning bid has been chosen when it comes to Diamond’s Chapter 11 process. But, there’s many steps to go before the matter is completely settled including the ability for objections to the deal to still be filed as well as getting in claims for those that are owed by Diamond. The information regarding the claim process has been released and you can check all of that out below:

Here are the key Bar Dates set:

For people, companies, basically anyone that’s not the government that’s a creditor to Diamond:

May 20, 2025 as the deadline (the “General Bar Date”) for each person or entity, other than a governmental unit, to file a proof of claim in respect of any prepetition claim against the Debtors, including, without limitation, any secured claim, unsecured claim, priority claim, or claim asserted under section 503(b)(9) of the Bankruptcy Code for goods delivered and received by the Debtors within 20 days before January 14, 2025 (the “Petition Date”), unless otherwise provided in this Motion;

The Government’s deadline is:

July 14, 2025, as the deadline (the “Government Bar Date”) by which a governmental unit must file a proof of claim in respect of a prepetition claim against the Debtors;

Some other key dates:

the later of (i) the General Bar Date or the Government Bar Date (as applicable) and (ii) 11:59 p.m. (ET) on the date that is thirty (30) days after the later of (A) entry of an order approving the rejection of any executory contracts or unexpired leases of the Debtors, or (B) the effective date of a rejection of any executory contract or unexpired lease of the Debtors pursuant to any Court order as the deadline (the “Rejection Bar Date”) by which an entity asserting a claim for damages against the Debtors arising from such rejection must file a proof of claim on account of such damages; and

the later of (i) the General Bar Date or the Government Bar Date (if applicable) and (ii) 11:59 p.m. (ET) on the date that is thirty (30) days following service of notice of an amendment to the Debtors’ schedules of assets and liabilities (the “Schedules”) as the deadline (the “Amended Schedule Bar Date”) for an entity whose claim is affected by such amendment to file, amend, or supplement a proof of claim with respect to such claim.

If you fall under any of the following, you need to submit a claim:

a. any person or entity whose claim is not listed on the Debtors’ Schedules;
b. any person or entity whose claim is listed on the Debtors’ Schedules as contingent, unliquidated or disputed;
c. any person or entity whose claim is improperly classified on the Debtors’ Schedules or is listed in an incorrect amount and who desires to have its claim allowed in a different classification or amount than identified in the applicable Schedules;
d. any person or entity who believes that its claim against the Debtors is or may be entitled to priority under section 503(b)(9) of the Bankruptcy Code for goods delivered and received by the Debtors within 20 days before the Petition Date;
e. any person or entity who asserts a claim arising from the rejection of executory contracts or unexpired leases of the Debtors and has not previously filed any such claim;
f. any person or entity who asserts a claim against the Debtors arising from or related to the purchase or sale of any security of the Debtors, including, without limitation, any equity security; and
g. any person or entity who asserts a claim arising from or relating to pending or threatened litigation against the Debtors.

The following don’t need to file a proof of claim:

a. any person or entity whose claim is listed on the Schedules, if (i) the claim is not listed as contingent, unliquidated or disputed, (ii) the person or entity
agrees with the amount, nature or priority of the claim as identified on the Schedules, and (iii) such person or entity agrees that the claim is an obligation of the specific Debtor that listed the claim in its Schedules;
b. any person or entity who has already filed with Omni or with the Clerk of Court a signed proof of claim against the Debtors utilizing Official Form B410 or a claim form that substantially conforms to such official form, including by providing all of the information required by such form and the procedures set forth herein;
c. any person or entity whose claim has been allowed by order of the Court entered on or before the applicable Bar Date;
d. any person or entity whose claim has been paid in full in accordance with an order of the Court entered on or before the applicable Bar Date;
e. any person or entity whose claim is based solely on owning an equity security in the Debtors;
f. any director, officer or employee of the Debtors who served in such capacity at any time after the Petition Date for claims based on indemnification, contribution or reimbursement;
g. any contract or lease counterparty whose contract or lease has been assumed or assumed and assigned by the Debtors; and
h. any entity whose claim is solely against any of the Debtors’ non-debtor affiliates.

You can read the full order below:

Source: Graphic Policy