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American Standard Energy Plan Filed

American Standard Energy filed with the U.S. Bankruptcy Court a Second Amended Chapter 11 Plan and related Disclosure Statement. According to the Disclosure Statement, “The Plan of Reorganization is...

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Midway Gold Extension Approved

The U.S. Bankruptcy Court approved Midway Gold’s third motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof by approximately 90 days...

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Noranda Aluminum KEIP/KERP Objection Filed

The U.S. Trustee assigned to Noranda Aluminum Holdings filed with the U.S. Bankruptcy Court an objection to Noranda Aluminum Holdings’ (I) motion for an order authorizing and approving the Debtors (i)...

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CHC Group Director Announced

According to a corporate release, CHC Group announced the appointment of William L. Transier to its board of directors. An independent Class II director, Transier’s term is active until the Company’s...

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Verso Disclosure Statement Approved

The U.S. Bankruptcy Court approved Verso’s Disclosure Statement related to its Third Amended Joint Chapter 11 Plan of Reorganization. As previously reported, “On the Effective Date, the principal...

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Arch Coal Extension Sought

Arch Coal filed with the U.S. Bankruptcy Court a motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including...

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LINN Energy Chapter 11 Petition Filed

LINN Energy and 14 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case number 16-60040. The Company, which acquires, develops...

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Penn Virginia Chapter 11 Petition Filed

Penn Virginia and eight affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Eastern District of Virginia, lead case number 16-32395. The Company, which is engaged...

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Verso Plan Filed

Verso filed with the U.S. Bankruptcy Court Third Amended Joint Plan of Reorganization and related Disclosure Statement. According to documents filed with the Court, “The Plan will allow the Debtors to...

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Energy Future Holdings Plan Filed

Energy Future Holdings filed with the U.S. Bankruptcy Court an Amended Chapter 11 Joint Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “Distributions...

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Hydrocarb Energy Liquidation Approved

The U.S. Bankruptcy Court approved Shadow Tree Capital Management’s emergency motion to convert Hydrocarb Energy Chapter 11 reorganization proceeding to a liquidation under Chapter 7. The order states,...

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Arch Coal ICG Knott County Case Dismissal Approved

The U.S. Bankruptcy Court approved Arch Coal’s motion for entry of an order authorizing, in light of the closing of the sale and transfer of the membership interests of Debtors Arch Coal and ICG to...

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Pacific Sunwear of California KEIP/KERP Approved

The U.S. Bankruptcy Court approved Pacific Sunwear of California’s motion for entry of an order (i) authorizing implementation of a key employee incentive program (KEIP) and a key employee retention...

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Penn Virginia RSA Approval Sought

Penn Virginia filed with the U.S. Bankruptcy Court a motion for an order authorizing the Debtors to assume (a) a restructuring support agreement (RSA), (b) backstop commitment agreement and (c) the...

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Crestwood Ratings Downgraded

On May 12, 2016, S&P Global Ratings updated its ratings on Crestwood Equity Partners LP, including lowering the corporate credit rating on Crestwood Holdings LLC to CCC+ from B- and its secured...

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Breitburn Energy Partners Chapter 11 Petition Filed

Breitburn Energy Partners and more than 20 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 16-11390. The...

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Midstates Petroleum Company Plan Filed

Midstates Petroleum Company filed with the U.S. Bankruptcy Court a Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The Plan will...

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Energy & Exploration Partners Plan Effective

Energy & Exploration Partners’ Third Amended Joint Plan of Reorganization, which contains technical and confirmation modifications, became effective; and the Company emerged from Chapter 11...

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SandRidge Energy Chapter 11 Petition Filed

According to the U.S. Bankruptcy Court docket, SandRidge Energy and more than 20 affiliated Debtors filed for Chapter 11 protection in the Southern District of Texas. The Company, which is an oil and...

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Dex Media Prepackaged Chapter 11 Bankruptcy Filed

Dex Media (f/k/a R.H. Donnelley) and 12 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 16-11200. The Company, which...

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