Armstrong Energy Bankruptcy Supplement Filed
Armstrong Energy filed with the U.S. Bankruptcy Court a Supplement related to the Company’s First Amended Joint Chapter 11 Plan. The Supplement contains the following documents: Exhibit A: schedule of...
View ArticleJ.G. Wentworth Bankruptcy Commitment Letter Approved
The U.S. Bankruptcy Court approved J.G. Wentworth’s motion for entry of an order authorizing the Debtors to enter into and perform, or cause to perform, the obligations under the commitment letter and...
View ArticleDextera Bankruptcy Sale Procedures Approved
The U.S. Bankruptcy Court issued an order approving Dextera Surgical’s motion for orders (a) authorizing and approving bidding procedures and stalking horse payment; authorizing and approving the...
View ArticleIronclad Bankruptcy Plan Filed
Ironclad Performance Wear and its official committee of equity security holders filed with the U.S. Bankruptcy Court a Joint Plan of Liquidation. According to documents filed with the Court, “The Plan...
View ArticleExplo Oil Files for Chapter 7 Bankruptcy
Privately-held Explo Oil, Inc.–and affiliated Debtors CVS Operating and CVS Production–filed for Chapter 7 bankruptcy from the U.S. Bankruptcy Court in the Eastern District of Texas, Sherman Division,...
View ArticleTerraVia Bankruptcy Plan Confirmed
The U.S. Bankruptcy Court issued an order confirming TerraVia Holdings’ Combined Disclosure Statement and Chapter 11 Plan of Liquidation [further revised]. As previously reported, “The Combined...
View ArticleSeadrill Bankruptcy Extension Approved
The U.S. Bankruptcy Court approved Seadrill’s motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including May 10,...
View ArticleDextera Bankruptcy APA Amended
Dextera Surgical filed with the U.S. Bankruptcy Court a first amendment to the Company’s stalking horse asset purchase agreement (APA). The amendment notes, “This First Amendment to Asset Purchase...
View ArticlePremier Exhibitions Bankruptcy Statement Filed
Premier Exhibitions’ official committee of equity security holders filed with the U.S. Bankruptcy Court a statement and reservation of rights related to the Company’s motion to extend the time for...
View ArticleReal Industry Bankruptcy Seal Approval Sought
Real Industry filed with the U.S. Bankruptcy Court a motion to file under seal Exhibits 1, 2 and 3 related to the supplemental declaration of C.R.O. Mohsin Y. Meghji in support of the Company’s key...
View ArticleTriad Guaranty Bankruptcy Reorganization Plan Confirmed
The U.S. Bankruptcy Court confirmed Triad Guaranty’s Amended Joint Plan of Reorganization [Revised]. As previously reported, “The proponents of the Plan are the Debtor and Wolfgang Holdings, LLC...
View ArticleAeropostale Bankruptcy Bid Procedures Approval Sought
Aeropostale filed with the U.S. Bankruptcy Court a motion for (i) an order approving bidding procedures for the sale of the Visa/MasterCard (MC) litigation claim and scheduling a hearing; (ii) an order...
View ArticleGolfsmith Bankruptcy Extension Sought
Golfsmith International Holdings filed with the U.S. Bankruptcy Court a fourth motion for entry of an order extending the exclusive periods during which only the Debtors may file a Chapter 11 plan and...
View ArticleArmstrong Energy Bankruptcy Plan Filed
Armstrong Energy filed with the U.S. Bankruptcy Court a Second Amended Joint Chapter 11 Plan of Reorganization, which notes, “On the Effective Date, any Remaining Collateral or Remaining Collateral...
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2017 Bankruptcy Review: Energy & Retail Sectors Dominate; Prepackaged Chapter...
Year-end analysis by New Generation Research’s BankruptcyData indicates that the uptick in public* company bankruptcy filings since 2014 reversed this year, with 2017’s bankruptcy count decreasing 28%....
View ArticleGlobal Brokerage Bankruptcy Objections Filed
The U.S. Trustee assigned to the Global Brokerage case filed with the U.S. Bankruptcy Court an objection to the Company’s Prepackaged Plan of Reorganization and related Disclosure Statement. The...
View ArticleBreitburn Energy Bankruptcy Plan Filed
Breitburn Energy Partners filed with the U.S. Bankruptcy Court a Third Amended Joint Chapter 11 Plan (with technical amendments). According to documents filed with the Court, “The Technical Amendments...
View ArticleReal Industry Bankruptcy Objection Filed
Rentech’s ad hoc equity committee filed with the U.S. Bankruptcy Court an objection to Real Industry’s D.I.P. financing motion. The ad hoc committee asserts, “The DIP Motion was filed shortly before...
View ArticleToys “R” Us Bankruptcy Extension Sought
Toys “R” Us filed with the U.S. Bankruptcy Court a motion for entry of an order authorizing the Debtors to provide consideration to landlords in exchange for extending the 365(d)(4) deadline and...
View ArticleGame Over – Hobbico Bankrupt
Privately-held Hobbico filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 18-10055. The Company is located in Champaign, IL and presently led...
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