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...
View ArticleQuicksilver 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...
View ArticleVenoco (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...
View ArticleEnergy 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...
View ArticleEnergy 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...
View ArticleBon-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...
View ArticleAppvion 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...
View ArticleEFH 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...
View ArticleKaty 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...
View ArticleSeadrill 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...
View ArticleEnumeral 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...
View ArticleQuadrant 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,...
View ArticlePatriot 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...
View ArticlePuerto 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...
View ArticleGreenTech 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,...
View ArticleFibrant 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...
View ArticleEFH 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)....
View ArticleReal 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...
View ArticleToys “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...
View ArticleRand 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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