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....
View ArticleAeropostale 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...
View ArticleEV 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...
View ArticleCobalt 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,...
View ArticleGenOn 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...
View ArticlePatriot 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...
View ArticleSoutheastern 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....
View ArticleAtlas 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...
View ArticleCharming 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...
View ArticleZohar 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...
View ArticleRentech 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...
View ArticleCenveo 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...
View ArticleWalking 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...
View ArticleBreitburn 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...
View ArticleRentech 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...
View ArticleOrion 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...
View ArticleEV 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...
View ArticleGenOn 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...
View ArticleVER 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,...
View ArticleReal 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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