Quadrant 4 Systems 401(K) Termination Sought
Stratitude (a wholly-owned subsidiary of Quadrant 4 Systems) filed with the U.S. Bankruptcy Court a motion for entry of order an order authorizing termination of the Debtor’s 401(k) plan and for...
View ArticlePatriot National Bankruptcy Plan Filed
Patriot National filed with the U.S. Bankruptcy Court an Amended Joint Chapter 11 Plan of Reorganization and a Second Amended Disclosure Statement. According to the Disclosure Statement, “The Plan...
View ArticleBreitburn Energy Bankruptcy Plan Denied
The U.S. Bankruptcy Court issued an order denying confirmation of Breitburn Energy Partners’ Third Amended Joint Chapter 11 Plan. According to documents filed with the Court, “The Court conducted a...
View ArticleZohar Funds Bankrupt
Privately-held Zohar III and five affiliated Debtors (collectively, “Zohar Funds”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 18-10512....
View ArticleOrexigen D.I.P. Financing Approval Sought
Orexigen Therapeutics filed with the U.S. Bankruptcy Court a motion for entry of interim and final orders approving D.I.P. financing; authorizing use of cash collateral; granting adequate protection...
View ArticleAeropostale Bankruptcy Objections Filed
Multiple parties–including the SEC, the Louisiana Department of Revenue and the U.S. Trustee assigned to the Aeropostale case–filed with the U.S. Bankruptcy Court separate objections to Aeropostale’s...
View ArticleReal Industry Exclusivity Termination Sought
Real Industry’s ad hoc committee of equity security holders filed with the U.S. Bankruptcy Court a motion for an order terminating the Debtor’s exclusivity in order to allow the ad hoc committee to...
View ArticleBon-Ton Bankruptcy Sale Notice Filed
Bon-Ton Stores filed with the U.S. Bankruptcy Court a notice of the sale of property free and clear of liens and of entered bidding procedures order and proposed sale. The sale notice states, “The...
View ArticleToys “R” Us Bankruptcy Objection Filed
DDR Corp., GGP LP, Shopcore Properties, Philips International, National Retail Properties, National Realty & Development, Rouse Properties, Basser-Kaufman, Regency Centers, Aston Properties, DLC...
View ArticlePacific Drilling Compensation Approved
The U.S. Bankruptcy Court approved Pacific Drilling’s motion to (a) pay certain earned ordinary course compensation and (b) continue compensation programs in the ordinary course of business on a...
View ArticleWalking Company Bankruptcy Exhibit Added
Walking Company Holdings filed with the U.S. Bankruptcy Court Exhibit B to the Disclosure Statement for the Debtors’ Joint Plan of Reorganization. The notice states, “Exhibit B to the Disclosure...
View ArticleAppvion Bankruptcy Sale, Auction Notice Filed
Appvion filed with the U.S. Bankruptcy Court a notice of sale procedures, auction date and a sale hearing. The notice states, “The Debtors seek, among other things, to sell certain of their tangible...
View ArticleReal Industry Bankruptcy Objection Filed
Real Industry filed with the U.S. Bankruptcy Court an objection to the ad hoc committee of equity security holders’ motion to shorten notice with respect to the ad hoc committee’s motion to (1)...
View ArticleiHeartMedia Bankrupt
iHeartMedia (f/k/a CC Media Holdings) and more than 35 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case number 18-31274....
View ArticlePatriot National Bankruptcy Plan Filed, DS Approved
Patriot National filed with the U.S. Bankruptcy Court a Second Amended Joint Chapter 11 Plan of Reorganization and Third Amended Disclosure Statement. The Disclosure Statement notes, “Pursuant to the...
View ArticleFirst NBC Bank Holding Bankruptcy Plans Filed
First NBC Bank Holding filed with the U.S. Bankruptcy Court a Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The classes of Claims against...
View ArticlePacific Drilling Bankruptcy Objections Filed
Multiple parties – including Pacific Drilling’s ad hoc group of debtholders, Wilmington Trust, Citibank and Deutsche Bank Trust Company Americas – filed with the U.S. Bankruptcy Court separate...
View ArticleToys “R” Us Bankruptcy Liquidation Approval Sought
Toys “R” Us filed with the U.S. Bankruptcy Court a motion for entry of orders authorizing the Debtors to wind-down U.S. operations, authorizing the Debtors to conduct U.S. store closings, establishing...
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iHeartMedia Chapter 11 Bankruptcy Report Available
The largest—by a VERY wide margin—Chapter 11 case thus far in 2018, iHeartMedia initiated its $13 billion U.S. Bankruptcy Court filing with an agreement in principle to “definitively address the more...
View ArticleCenveo Bankruptcy Examiner Approved
The U.S. Bankruptcy Court approved Brigade Capital Management’s motion to appoint an examiner to the Cenveo case. The order states, “The Motion is granted solely as provided herein, and the United...
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