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Gordian Chair Announced

Gordian Group LLC announced that Fred Zeidman has become Chairman of the firm, effective immediately. Peter S. Kaufman continues as President, and Henry F. Owsley remains as Gordian Group’s Chief...

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Quicksilver Resources Potential Default

In Form 8-K filed on February 17, 2015, Quicksilver Resources Inc. announced that the Company has decided not to make the approximately $13.6 million interest payment due February 17, 2015 on its...

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Venoco (Denver Parent) Chapter 11 Petition Filed

Venoco and six affiliated Debtors (including Denver Parent) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 16-10655. The Company, which...

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Energy Future Holdings Settlement Approved

The U.S. Bankruptcy Court issued an order approving Energy Future Holdings’ motion for an order approving a settlement with the Texas Comptroller of Public Accounts. As previously reported, “By this...

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Energy Future Holdings Settlement Approved

The U.S. Bankruptcy Court issued an order approving Energy Future Holdings’ motion for an order approving a settlement with the Texas Comptroller of Public Accounts. As previously reported, “By this...

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Bon-Ton Stores Could File Bankruptcy

According to recent press and people familiar with the matter, The Bon-Ton Stores, Inc.’s senior creditors are pushing the troubled retailer to file for bankruptcy, a development that could happen as...

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Appvion Bankruptcy Objections Filed

KeyBank and Appvion’s official committee of unsecured creditors filed with the U.S. Bankruptcy Court separate objections to the Company’s motion for an order approving bidding procedures in connection...

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EFH Bankruptcy Order Modified

Energy Future Holdings (EFH) and NextEra Energy filed with the U.S. Bankruptcy Court separate amended proposed confirmation orders and modifications. The filing notes, “Pursuant to Section RR. of the...

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Katy Industries Benefits Termination Sought

Katy Industries filed with the U. S. Bankruptcy Court a motion for an order, pursuant to Section 1114 of the Bankruptcy Code, terminating retiree benefits. The motion explains, “Historically, the...

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Seadrill Bankruptcy Settlement Announced

Seadrill announced a global settlement with an ad hoc group of bondholders, the official committee of unsecured creditors and other major creditors in its Chapter 11 cases. As a result of the...

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Enumeral Bankruptcy Procedures Approved

The U.S. Bankruptcy Court approved Enumeral Biomedical Holdings’ bidding procedures in connection with sale of certain intellectual property. As previously reported, “Purchaser has agreed to buy the...

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Quadrant 4 Bankruptcy Settlement, Sale Approved

The U.S. Bankruptcy Court approved Quadrant 4 Systems’ settlement and motion for an order authorizing the private sale of the Debtor’s residual assets free and clear of certain liens, claims,...

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Patriot National Bankruptcy Objection Filed

Patriot National’s official committee of unsecured creditors filed with the U.S. Bankruptcy Court an objection to the Company’s financing motion. The committee asserts, “As of the filing of this...

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Puerto Rico Bankruptcy Objection Filed

The Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF) filed with the U.S. Bankruptcy Court an objection to the motion of the American Federation of State, County and Municipal...

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GreenTech Automotive Bankruptcy

Privately-held GreenTech Automotive and five affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the eastern District of Virginia, case number 18-10651. The Company,...

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Fibrant Bankruptcy

Privately-held Fibrant, LLC (aka DSM Chemicals North America, LLC) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Georgia, case number 18-10274.  The Company...

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EFH Bankruptcy Plan Confirmed

The U.S. Bankruptcy Court issued an order confirming the First Amended Joint Plan of Reorganization [Further Revised] for Energy Future Holdings (EFH) and Energy Future Intermediate Holding (EFIH)....

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Real Industry Bankruptcy Committee Denied

The U.S. Bankruptcy Court denied Real Industry’s ad hoc committee of equity holders’ motion for an order directing the U.S. Trustee assigned to the case to appoint an official committee of equity...

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Toys “R” Us Bankruptcy Objection Filed

The U.S. Trustee (UST) assigned to the Toys “R” Us case filed with the U.S. Bankruptcy Court an objection to Debtors Geoffrey and Geoffrey Holdings’ motion to retain Chilmark Partners as financial...

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Rand Logistics Bankruptcy Compensation Approved

The U.S. Bankruptcy Court approved Rand Logistics’ motion to pay supplemental compensation to its chief financial officer, Mark S. Hiltwein. As previously reported, “By this Motion, the Debtors request...

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