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Pacific Drilling Bankruptcy Mediation Sought

Citibank (“RDF Agent”) filed with the U.S. Bankruptcy Court a motion for mediation, pursuant to Local Bankruptcy Rule 9019-1 and General Order M-452; ordering mediation and appointing mediator in the...

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CRS Bankruptcy Complaint Filed

Corporate Resource Services’ (CRS) Chapter 11 trustee filed with the U.S. Bankruptcy Court a complaint against Culmin Staffing Group. The complaint alleges, “CRS’ operating subsidiaries combined to...

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Cumulus Media Bankruptcy Plan Filed

Cumulus Media filed with the U.S. Bankruptcy Court a Revised First Amended Joint Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “Among other benefits,...

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Monsour Builders Bankruptcy Liquidation

Privately-held Monsour Builders, Inc. (Monsour) has filed for Chapter 7 protection with the U.S. Bankruptcy Court in the Western District of Kentucky, case number 18-30230. The Company is based in...

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Cenveo Chapter 11 Bankruptcy

Cenveo and more than 30 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 18-22178. The Company, which provides...

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EXCO Resources Reconsideration Sought

BHP Billiton Petroleum, BHP Billiton Petroleum (TxLa Operating), BHP Billiton Petroleum Properties and Petrohawk Energy filed with the U.S. Bankruptcy Court a motion to reconsider, on a limited basis,...

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PhaseRx Bankruptcy Sale Approved

The U.S. Bankruptcy Court approved PhaseRx’s asset purchase agreement with purchaser Roivant Sciences; authorizing the sale to the purchaser of substantially all of the Debtor’s assets free and clear...

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Seadrill Letter Request Approved

The U.S. Bankruptcy Court approved Seadrill’s official committee of unsecured creditors’ motion to issue a letter of request for international judicial assistance from the Kingdom of Norway. As...

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Puerto Rico Bankruptcy Objections Filed, Intervention Sought

Multiple parties – including the ad hoc group of general obligation bondholders (GO Group), National Public Finance Guarantee and the PREPA Bond Trustee – filed with the U.S. Bankruptcy Court separate...

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Bon-Ton to File Bankruptcy

According to recent press and people familiar with the matter, The Bon-Ton Stores, Inc. has secured a loan that will allow it to file for bankruptcy as early as Sunday. The loan will help Bon-Ton...

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iHeartMedia Misses Interest Payment

On February 1, 2018, iHeartCommunications, Inc., a subsidiary of iHeartMedia, Inc., announced that its Board of Directors has elected not to make a cash interest payment of $106 million, due February...

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Bon-Ton Stores Bankruptcy

Bon-Ton Stores and nine affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 18-10248. The Company, which operates department...

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Cumulus Media Bankruptcy DS Approved

The U.S. Bankruptcy Court approved Cumulus Media’s Disclosure Statement related to the Company’s Revised First Amended Joint Plan of Reorganization. As previously reported, “Among other benefits, the...

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Puerto Rico Urgent Motion Denied

The U.S. Bankruptcy Court denied the urgent motion of the Financial Oversight and Management Board for Puerto Rico seeking to clarify the scope of the interim financing hearing. According to the order,...

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Breitburn Energy Bankruptcy Record Reopening Sought

Breitburn Energy Partners’ statutory committee of equity security holders filed with the U.S. Bankruptcy Court a motion to reopen the record of the confirmation hearing to include limited, new...

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Armstrong Energy Bankruptcy Plan Confirmed

The U.S. Bankruptcy Court issued an order confirming Armstrong Energy’s Third Amended Joint Chapter 11 Plan. As previously reported “Each Holder of an Allowed Senior Notes Claim will receive, on or as...

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Filipino Community Center Bankrupt

The privately-held Filipino Community Center, Inc. (dba FilCom) filed for Chapter 11 protection from the U.S. Bankruptcy Court in the District of Hawaii, case number 18-00109. The Company is headed by...

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Katy Industries Bankruptcy Liquidation Plan Filed

Katy Industries and its official committee of unsecured creditors filed with the U.S. Bankruptcy Court a Joint Chapter 11 Combined Plan of Liquidation and related Disclosure Statement. According to the...

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Real Industry Bankruptcy Deadline Fixed, Proposal Received

Real Industry filed with the U.S. Bankruptcy Court a notice of stalking horse proposal deadline and submission of a credit bid proposal from the Company’s pre-petition lenders. The notice states, “The...

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EFH Bankruptcy Compromise Filed

Energy Future Holdings filed with the U.S. Bankruptcy Court a motion to approve a compromise, under Rule 9019, and for entry of an order approving the settlement between the Debtors and Sempra and...

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