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Magnetation Bankruptcy Dismissal Sought

Magnetation filed with the U.S. Bankruptcy Court a motion to dismiss its Chapter 11 case. The Debtors assert, “Since the Debtors are administratively insolvent, there can be no chapter 11 plan....

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Aeropostale Bankruptcy Plan Confirmed

The U.S. Bankruptcy Court approved Aeropostale’s Second Revised Third Amended Joint Chapter 11 Plan. According to documents filed with the Court, “In light of the fact that the Term Loan Secured Claim...

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EV Energy Bankrupt

EV Energy Partners and 13 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, case number 18-10801. The Company, which engages in the...

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Cobalt International Energy Bankruptcy Objection Filed

Cobalt International Energy’s official committee of unsecured creditors filed with the U.S. Bankruptcy Court an objection to the Debtor’s motion an exclusivity extension. The committee asserts,...

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GenOn Energy Bankruptcy Plan Modified

The U.S. Bankruptcy Court issued a revised and modified order approving GenOn Energy’s Third Amended Joint Plan of Reorganization. The revised and modified order states, “The Plan is deemed modified to...

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Patriot National Bankruptcy Objection Filed

The Honorable Trinidad Navarro, Insurance Commissioner of the State of Delaware and in his capacity as receiver of Ullico Casualty Company, filed with the U.S. Bankruptcy Court an objection to Patriot...

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Southeastern Grocers Interim Closing Approved

The U.S. Bankruptcy Court approved, on an interim basis, Southeastern Grocers’ motion for approval of (i) procedures for store closing sales and (ii) assumption of the liquidation consulting agreement....

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Atlas Inspection Technologies Bankrupt

Privately-held Atlas Inspection Technologies, Inc. (Atlas) filed for Chapter 11 protection from the U.S. Bankruptcy court in the Western District of Washington, case number 18-11351. The Company is...

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Charming Charlie Bankruptcy Plan Confirmed

The U.S. Bankruptcy Court issued an order confirming Charming Charlie’s Fourth Amended Joint Chapter 11 Plan of Reorganization. According to documents filed with the Court, “The Plan provides for the...

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Zohar III Bankruptcy Trustee, Examiner Sought

The U.S. Trustee filed with the U.S. Bankruptcy Court a motion for the appointment of a Chapter 11 trustee or, in the alternative, an examiner to the Zohar III case. The motion explains, “Cause exists...

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Rentech Bankruptcy Plan Filed

Rentech filed with the U.S. Bankruptcy Court a Second Amended Combined Disclosure Statement and Chapter 11 Plan of Liquidation. Documents filed with the Court explain, “For Allowed Secured Claims that...

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Cenveo Bankruptcy Plan Filed

Cenveo filed with the U.S. Bankruptcy Court a Joint Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The Plan provides for a comprehensive...

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Walking Company Bankruptcy KERP Approved

The U.S. Bankruptcy Court approved Walking Company Holdings’ motion to implement a key employee retention program (KERP) for 43 non-insider employees and providing for a total award pool of $315,000 in...

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Breitburn Energy Bankruptcy Plan Summarized

BankruptcyData’s detailed analysis and summary of Breitburn Energy Partners’ Third Amended Joint Chapter 11 Plan of Reorganization (With Technical Modifications), dated March 13, 2018, is now...

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Rentech Bankruptcy Plan Confirmed

The U.S. Bankruptcy Court issued a revised order confirming Rentech’s Second Amended Combined Disclosure Statement & Chapter 11 Plan of Liquidation [Revised]. As previously reported, “For Allowed...

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Orion Bankruptcy Objection Filed

The Internal Revenue Service (IRS) filed with the U.S. Bankruptcy Court an objection to Orion Healthcorp’s financing motion. The IRS asserts, “Preliminarily, the IRS notes that the Civil Division of...

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EV Energy Bankruptcy Plan Filed

EV Energy Partners filed with the U.S. Bankruptcy Court a Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “…[H]olders of Allowed Senior Notes...

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GenOn Energy Additional Plan Modification Sought

GenOn Energy filed with the U.S. Bankruptcy Court an emergency motion to further modify its Third Amended Joint Chapter 11 Plan of Reorganization. The Debtors explain, “The Debtors seek to modify the...

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VER Technologies Bankrupt

Privately-held VER Technologies HoldCo and eight affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 18-10834. The Company,...

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Real Industry Bankruptcy Extension Approved

The U.S. Bankruptcy Court approved Real Industry’s motion to extend the exclusive period during which the Debtors have the exclusive right to file a Chapter 11 plan and solicit acceptances thereof...

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