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Patriot National to File Prepack

On November 28, 2017, Patriot National, Inc. entered into a restructuring support agreement (RSA) with the lenders under its Financing Agreement with Cerberus Business Finance, LLC and certain funds...

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Quadrant 4 Systems Bankruptcy Sale Approved

The U.S. Bankruptcy Court approved the sale of substantially all of the property of the estate of Stratitude (a wholly-owned subsidiary of Quadrant 4 Systems) to JA Tech, free and clear of liens,...

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CGG Safeguard Plan Approved

CGG announced that the Commercial Court of Paris approved its safeguard plan after finding that claims filed by certain CGG convertible bondholders are inadmissible. According to the release, the next...

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Armstrong Energy Bankruptcy Plan Filed

Armstrong Energy filed with the U.S. Bankruptcy Court a First Amended Joint Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “Armstrong will...

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Ignite Restaurant Bankruptcy Plan Confirmed

The U.S. Bankruptcy Court confirmed Ignite Restaurant Group’s Amended Chapter 11 Plan. According to documents filed with the Court, “The Plan is premised on the substantive consolidation of all of the...

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Woodbridge Chapter 11 Bankruptcy

Privately-held Woodbridge Group of Companies and certain of its affiliates and subsidiaries filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, case number...

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Toys “R” Us Bankruptcy Extension Sought

Toys “R” Us filed with the U.S. Bankruptcy Court a motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including July...

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Uni-Pixel Bankruptcy Objection Filed

The U.S. Trustee assigned to the Uni-Pixel case filed with the U.S. Bankruptcy Court an objection to the Debtor’s key employee incentive program (KEIP). The Trustee asserts, “The United States Trustee...

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Protea Biosciences Bankruptcy

Protea Biosciences Group filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Northern District of West Virginia, case number 17-01200. The Company, which provides molecular...

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Avaya Bankruptcy Plan Summarized

BankruptcyData’s detailed analysis and summary of Avaya’s Second Amended Joint Chapter 11 Plan of Reorganization [Revised], dated October 31, 2017, is now available. The U.S. Bankruptcy Court confirmed...

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Exelco International Files Chapter 11 Months After Affiliate

Exelco International Limited (Exelco International) filed for Chapter 11 protection from the U.S. Bankruptcy Court in the District of Delaware, lead case number 17-12559. This follows the September...

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US Dataworks Bankruptcy Plan Summarized

BankruptcyData’s detailed analysis and summary of US Dataworks’ Combined Disclosure Statement and Plan of Liquidation, dated October 2, 2017, is now available. The U.S. Bankruptcy Court confirmed the...

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Protea Bankruptcy Financing Approval Sought

Protea Biosciences Group filed with the U.S. Bankruptcy Court a motion for entry of interim and final orders authorizing the Debtors to obtain post-petition financing; authorizing the Debtors to use...

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Point.360 Bankruptcy Stipulation Approved

Austin Financial Services filed with the U.S. Bankruptcy Court a stipulation extending Point.360’s expiration date of the interim order for use of cash collateral and continuing the final hearing. The...

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21st Century Bankruptcy Objection Filed

Bonafide Business Associates filed with the U.S. Bankruptcy Court an objection to 21st Century Oncology Holdings’ schedule of assumed executory contracts and unexpired leases included in the Company’s...

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Toys “R” Us Portfolio Realignment Announced

Toys “R” Us announced that, as part of the Company’s ongoing financial restructuring efforts, the Company’s United Kingdom (UK) operation has initiated a process by which it is seeking creditor...

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RDX Technologies Files Bankruptcy–Again

RDX Technologies (f/b/d/a Ridgeline Energy Services) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Arizona, case number 17-14387. The Company, which operates as an...

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Puerto Rico Bankruptcy Statement Filed

The United States of America filed with the U.S. Bankruptcy Court a memorandum of law in support of the constitutionality of the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA)....

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CFG Bankruptcy Extension Sought

China Fishery Group (CFGL) filed with the U.S. Bankruptcy Court a fourth motion to extend the exclusive period during which the Company can solicit acceptances for its plan through and including...

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Midway Gold Bankruptcy Plan Effective, Summarized

Midway Gold’s Revised Second Amended Joint Chapter 11 Plan of Liquidation became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on November...

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