Kid Brands Bankruptcy Objection Filed
Kid Brands filed with the U.S. Bankruptcy Court an objection to (i) motion of the U.S. Trustee (UST) assigned to the case for an order converting the Chapter 11 reorganization to a liquidation under...
View ArticleAperion Biologics Files Chapter 7
Privately-held Aperion Biologics (FDBA Crosscart) filed for Chapter 7 protection with the U.S. Bankruptcy Court in the District of Delaware, case number 17-12855. According to BankruptcyData, under a...
View ArticleWIMC Combined Bankruptcy DS/Plan Hearing Approved
The U.S. Bankruptcy Court issued an order scheduling a combined hearing to consider both Walter Investment Management’s Disclosure Statement and Prepackaged Chapter 11 Plan of Reorganization. The order...
View ArticleProtea Bankruptcy Bid Procedures, Sale Approval Sought
Protea Biosciences Group filed with the U.S. Bankruptcy Court a motion to sell all or substantially all of the Debtors’ assets free and clear of third party interests, liens, claims, charges and/or...
View ArticlePSG Bankruptcy Supplement Filed
Performance Sports Group filed with the U.S. Bankruptcy Court a Supplement to the Company’s First Amended Joint Chapter 11 Plan of Liquidation. The Supplement contains the following documents: Exhibit...
View ArticleCGG Bankruptcy Extension Approved
The U.S. Bankruptcy Court approved CGG Holding’s motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including February...
View ArticleWestMountain Gold Bankruptcy Extension Approved
The U.S. Bankruptcy Court approved WestMountain Gold’s second motion to extend the exclusive period during which the Company can solicit plan acceptances through and including December 26, 2017. As...
View ArticleDenbury Resources Downgrades
On December 4, 2017, S&P Global Ratings lowered its corporate credit rating on Denbury Resources Inc. to CC from CCC+ and its senior subordinated notes rating to CC from CCC+. According to S&P...
View ArticleGNC Hires Advisors
On December 4, 2017, GNC Holdings, Inc. announced that it has decided not to proceed with its previously announced plans to issue, via its wholly-owned subsidiary, General Nutrition Centers, Inc.,...
View ArticleBoston Herald Bankrupt
Privately-held Boston Herald (BHI) and three affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, case number 17-12881 (Herald Media Holdings)....
View ArticleArmstrong Energy Bankruptcy Objection Filed
Bond Safeguard Insurance, Lexon Insurance (BSG, Lexon) and, separately, Macquarie Corporate and Asset Funding filed with the U.S. Bankruptcy Court objections to Armstrong Energy’s Disclosure Statement...
View ArticleToys “R” Us Bankruptcy Bonuses Approved
The U.S. Bankruptcy Court approved Toys “R” Us’ motion for entry of an order approving the Debtors’ senior executive incentive plan (SEIP). As previously reported, “The Debtors developed the SEIP for...
View ArticleCumulus Bankruptcy Plan Filed
Cumulus Media filed with the U.S. Bankruptcy Court a Joint Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The Plan is the final step of the...
View ArticlePhaseRx Chapter 11 Bankruptcy
PhaseRx filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, case number 17-12890. The Company, which develops pharmaceuticals focused on the treatment of...
View ArticleCharming Charlie Chapter 11 Bankruptcy
Privately-held Charming Charlie and seven affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 17-12909. The Company, which...
View ArticleGlobal Brokerage Prepack Bankruptcy Filing
Global Brokerage (f/k/a FXCM) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, case number 17-13532. The Company, which provides online foreign...
View ArticleIgnite Restaurant Bankruptcy Plan Summarized
BankruptcyData’s detailed analysis and summary of Ignite Restaurant Group’s Joint Chapter 11 Plan [Further Revised], dated September 18, 2017, is now available. The U.S. Bankruptcy Court confirmed the...
View ArticleDextera Surgical Bankruptcy Filing
Dextera Surgical (f/k/a Cardica) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, case number 17-12913. The Company, which manufactures medical devices, is...
View ArticleThe Lights Go Out: Level Solar Bankrupt
Privately-held Level Solar, Inc. (Level Solar) filed for Chapter 11 bankruptcy protection from the U. S. Bankruptcy Court in the Southern District of New York, Manhattan Division, case number 17-13469....
View ArticleJ.G. Wentworth Prepack Bankruptcy Filing
J.G. Wentworth (f/k/a JGW Holdco) and four affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 17-12914 (Orchard...
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