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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...

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Aperion 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...

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WIMC 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...

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Protea 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...

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PSG 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...

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CGG 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...

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WestMountain 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...

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Denbury 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...

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GNC 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.,...

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Boston 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)....

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Armstrong 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...

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Toys “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...

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Cumulus 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...

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PhaseRx 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...

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Charming 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...

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Global 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...

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Ignite 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...

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Dextera 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...

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The 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....

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J.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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