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Alpha Natural Resources Procedures, Bidder Approved

According to the U.S. Bankruptcy Court docket, the Court approved Alpha Natural Resources’ motion for entry of an order (a) approving Rice Drilling as stalking horse bidder for the purchase of natural...

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Energy & Exploration Partners Plan Confirmed

According to the U.S. Bankruptcy Court docket, the Court confirmed Energy & Exploration Partners’ Third Amended Joint Plan of Reorganization, which contains technical and confirmation...

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ABI Elections Announced

The American Bankruptcy Institute (ABI) announced that Jeffrey N. Pomerantz has been selected by the ABI Board of Directors to be President for a one-year term. An ABI member since 2000, Pomerantz is...

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CORE Media Group Chapter 11 Petition Filed

According to the U.S. Bankruptcy Court docket, CORE Media Group and nearly 50 affiliated Debtors filed for Chapter 11 protection in Manhattan. The Company, which is an independent content company that...

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Lupatech Chapter 15 Petition Filed

Sao Paulo, Brazil-based Lupatech (f/k/a Valmicro Industria e Comercio de Valvulas) and three affiliated Debtors filed for Chapter 15 protection with the U.S. Bankruptcy Court in the Southern District...

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Pittsburgh Corning Asbestos Bankruptcy Plan Effective

Pittsburgh Corning’s Modified Third Amended Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. This privately-held global glass manufacturer filed for Chapter...

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American Eagle Energy Bankruptcy Liquidation Sought

The U.S. Trustee (UST) assigned to the American Eagle Energy case filed with the U.S. Bankruptcy Court a motion to convert the Chapter 11 reorganization case to a liquidation under Chapter 7. The...

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Doral Financial Plan Filed

According to the U.S. Bankruptcy Court docket, Doral Financial and its official committee of unsecured creditors filed a Chapter 11 Plan of Reorganization and a related Disclosure Statement. The...

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Alpha Natural Resources Stalking Horse Bidder Named

According to the U.S. Bankruptcy Court docket, Alpha Natural Resources filed a notice of (i) designation of Rice Drilling B as stalking horse for sale of natural gas assets and (ii) deadline to object...

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GreenHunter Resources Compromise Approved

The U.S. Bankruptcy Court approved GreenHunter Resources’ motion to compromise a controversy with Magnum Hunter Resources, Triad Hunter, Viking International Resources and Alpha Hunter Drilling; enter...

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Midway Gold Stalking Horse Purchaser Named

According to the U.S. Bankruptcy Court docket, Midway Gold filed a notice of designation of GRP Minerals as stalking horse purchaser. The notice states, “Debtors hereby designate Stalking Horse...

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Hansen Medical Audit Concern

In Form 10-K filed on April 22, 2016, Hansen Medical, Inc.’s auditor, BDO USA, LLP, raised substantial doubt about the Company’s ability to continue as a going concern. According to BDO USA, the...

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Ultra Petroleum Chapter 11 Petition Filed

According to the U.S. Bankruptcy Court docket, Ultra Petroleum and seven affiliated Debtors filed for Chapter 11 protection in Houston, TX. Ultra Petroleum explains, “The low commodity prices, and...

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Midstates Petroleum Chapter 11 Petition Filed

Midstates Petroleum Company and one affiliated Debtor filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case number 16-32237. Jake Brace, president...

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NephroGenex Chapter 11 Petition Filed

NephroGenex filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, case number 16-11074. The Company, which is involved in the development of drugs to treat kidney...

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BIND Therapeutics Chapter 11 Petition Filed

According to the U.S. Bankruptcy Court docket, BIND Therapeutics and BIND Biosciences Security filed for Chapter 11 protection in Wilmington, DE. On April 6, 2016, BIND Therapeutics announced a...

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Pacific Exploration & Production Chapter 15 Petition Filed

Toronto, Canada-based Pacific Exploration & Production and certain direct and indirect subsidiary Debtors filed for Chapter 15 protection with the U.S. Bankruptcy Court in the Southern District of...

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Fairway Group Holdings Chapter 11 Petition, Plan Filed

According to the U.S. Bankruptcy Court docket, Fairway Group Holdings and 25 affiliated Debtors filed for Chapter 11 protection in Manhattan. The Company also announced an agreement with its senior...

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Molycorp Technical Bankruptcy Plan Modifications Approved

The U.S. Bankruptcy Court approved the joint motion of Molycorp and its official committee of unsecured creditors for technical modifications to the Company’s Fourth Amended Joint Plan of...

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SunEdison C.R.O. Appointed

SunEdison announced that John S. Dubel has been appointed chief restructuring officer of the Company. Dubel will report directly to the independent directors of SunEdison’s board and lead the Company’s...

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