Bradshaw Law

Bradshaw, Fowler, Proctor & Fairgrave, P.C. Confirms Chapter 11 Plan in Sivyer Steel Bankruptcy

January 31, 2020

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On January 31, 2020, Judge Anita L. Shodeen of the United States Bankruptcy Court for the Southern District of Iowa confirmed the Chapter 11 Plan of Liquidation for Sivyer Steel Corporation, a 100-year-old Bettendorf, Iowa-based steel casting corporation with a global reach supplying construction, energy, military, mining and transportation industries.

Bradshaw, Fowler, Proctor & Fairgrave, P.C., led by Jeffrey D. Goetz, served as General Reorganization Counsel and led the engagement from filing through plan confirmation. Jeffrey D. Goetz was assisted in the engagement by Bradshaw associate Krystal R. Mikkilineni. 

In March 2018, Bradshaw led the Debtor through a sale of substantially all its assets to an investor group based in Bettendorf. The transaction allowed the major employer in the Quad Cities to remain open and saved hundreds of regional jobs. The company was renamed Sivyer Steel Castings LLC.

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