Dextera Bankruptcy Extension Approved
The U.S. Bankruptcy Court approved Dextera Surgical’s motion to extend the exclusivity period to file a plan and solicit acceptances thereof through and including July 9, 2018 and September 10, 2018,...
View ArticleCaffe Ettore Bankrupt
Privately-held Caffe Ettore, Incorporated, a California Corporation (Caffe Ettore) (D/B/A Ettore’s Bakery and Café and Ettore’s European Bakery and Restaurant) filed for Chapter 11 protection with...
View ArticleBreitburn Energy Bankruptcy Plan Effective
Breitburn Energy Partners’ Third Amended Joint Chapter 11 Plan (with Technical Amendments] became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the...
View ArticleZohar Bankruptcy Objection Filed
Lynn Tilton, Patriarch Partners VIII, Patriarch Partners XIV, Patriarch Partners XV, Octaluna, Octaluna II and Octaluna III (collectively, “Patriarch”) filed with the U.S. Bankruptcy Court an objection...
View ArticleSeadrill Bankruptcy Plan Filed
Seadrill filed with the U.S. Bankruptcy Court a Second Amended Joint Chapter 11 Plan (as Modified), which notes, “The issuance of the New Shares shall be authorized without the need for any further...
View ArticleMMP Bankruptcy Compromise Approved
The U.S. Bankruptcy Court approved Multimedia Platforms’ compromise of controversy with White Winston Select Asset Funds. As previously reported, “Prior to the Petition Date, and in order to finance...
View ArticleClaire’s Stores Bankruptcy Plan Filed
Claire’s Stores filed with the U.S. Bankruptcy Court a Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The Plan encompasses a comprehensive...
View ArticleBertucci’s to File Bankruptcy
According to recent press, including Bloomberg, and people familiar with the matter, Bertucci’s Corporation is making preparations for a bankruptcy filing. The Company is lining up a buyer who would...
View ArticlePetco Holdings Downgraded
On April 12, 2018, S&P Global Ratings lowered its corporate credit rating on Petco Holdings, Inc. to CCC+ from B- and its $2.5 billion first-lien term loan due 2023 to CCC+ from B-. According to...
View ArticleBertucci’s Bankrupt
Bertucci’s and nine affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case 18-10894 (Bertucci’s Holdings). The Company, which operates...
View ArticleHCR ManorCare Bankruptcy Plan Confirmed
The U.S. Bankruptcy Court approved HCR ManorCare’s Disclosure Statement and concurrently confirmed the Company’s Modified Prepackaged Plan of Reorganization. Documents filed with the Court note, “The...
View ArticleSeadrill Bankruptcy Extension Sought
Seadrill filed with the U.S. Bankruptcy Court a second motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including...
View ArticleCenveo CBAs Approved
The U.S. Bankruptcy Court approved Cenveo’s motion to enter into new collective bargaining agreements (CBAs) with Bindery Union Local 4c and Press Union Local. As previously reported, “The terms of the...
View ArticlePuglia Engineering Bankrupt
Privately-held Puglia Engineering filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Western District of Washington, case number 18-41324. Puglia Engineering is based in Tacoma, WA...
View ArticleFirstEnergy Bankruptcy Agreement Approval Sought
FirstEnergy Solutions filed with the U.S. Bankruptcy Court a motion for entry of an order authorizing FirstEnergy Nuclear Operating Company (FENOC) to assume a uranium purchase and sale agreement. The...
View ArticlePatriot National Bankruptcy Objection Filed
Patriot National’s former directors Austin Shanfelter, James O’Brien, Michael Purcell and Jeffrey Rohr jointly filed with the U.S. Bankruptcy Court an objection to Patriot National’s Third Amended...
View ArticleOakridge Holdings Bankruptcy Plan Filed
Oakridge Holdings filed with the U.S. Bankruptcy Court a Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The implementation of the Plan is...
View ArticleCFG Revised Sales Approved
The U.S. Bankruptcy Court approved China Fishery Group’s Chapter 11 trustee’s revised sale of a non-debtor vessel to a new buyer, in accordance with the non-debtor asset sale order. As previously...
View ArticleRemington Bankruptcy Financing Approved
The U.S. Bankruptcy Court issued a final order approving Remington Outdoor Company’s post-petition secured financing motion. As previously reported, “The D.I.P. Term Facility is a senior secured...
View ArticleSeadrill Bankruptcy Plan Confirmed
Seadrill filed with the U.S. Bankruptcy Court a Second Amended Joint Chapter 11 Plan (as Modified) of Reorganization, which notes, “On the Effective Date, the Debtors shall consummate the Equity Rights...
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