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Orexigen Therapeutics Bankruptcy Procedures Revised

Orexigen Therapeutics filed with the U.S. Bankruptcy Court a revised bidding procedures order, which states, “Since the filing of the Bidding Procedures Motion, the Debtor has made revisions to the...

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Walking Company Bankruptcy Plan Filed

Walking Company Holdings filed with the U.S. Bankruptcy Court a First Amended Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “Pursuant to the...

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Rentech Bankruptcy Plan Effective

Rentech’s Second Amended Combined Disclosure Statement & Chapter 11 Plan of Liquidation became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the...

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Bon-Ton Winning Bidder Announced

Bon-Ton Stores announced the winning bid in an auction for the Company’s assets, held pursuant to Section 363 of the U.S. Bankruptcy Code. Subject to U.S. Bankruptcy Court approval, a joint venture...

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Tops Holding Bankruptcy KEIP, KERP Filed

Tops Holding II filed with the U.S. Bankruptcy Court a motion for entry of an order approving the Debtors’ (i) key employee incentive plan (KEIP) and (ii) key employee retention plan (KERP). The motion...

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COPSync Bankruptcy Extension Approved

The U.S. Bankruptcy Court approved COPSync’s motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including April 29,...

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Cenveo Bankruptcy Objection Filed

The U.S. Trustee assigned to the Cenveo case filed with the U.S. Bankruptcy Court an objection to Cenveo’s Disclosure Statement. The Trustee asserts, “The Disclosure Statement should not be approved...

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Appvion Bankruptcy Extension Approved

The U.S. Bankruptcy Court approved Appvion’s motion to extend the exclusivity period for filing a plan and soliciting acceptances thereof through and including May 29, 2018 and July 27, 2018,...

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Bon-Ton Bankruptcy APA Approved

The U.S. Bankruptcy Court issued an order approving Bon-Ton Stores’ motion for the sale of property free and clear of liens; approving certain bidding procedures, assumption and assignment procedures...

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Industry Best Awards Recognize Houlihan Lokey, Kirkland & Ellis, Prime Clerk...

New Generation Research—publisher of BankruptcyData, The Turnaround Letter and other bankruptcy/restructuring and distressed securities-related content and data platforms—announced winners for its...

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Shamrock Group Bankrupt

Privately-held Shamrock Group, Inc., a Delaware Corporation, (D/B/A Shamrock Paving) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Central District of California, case number...

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Toys “R” Us Canada Stalking Horse Bidder Identified

Toys “R” Us filed with the U.S. Bankruptcy Court a statement regarding the auction and notice of stalking horse bidder for sale of the Company’s Canadian equity. The notice states, “On April 19, 2018,...

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Quadrant 4 401(k) Termination Sought

Quadrant 4 Systems filed with the U.S. Bankruptcy Court a motion for entry of an order authorizing termination of the Debtor’s 401(k) plan and for limited and shortened notice thereof. The motion...

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Aeropostale Bankruptcy Plan Effective

Aeropostale’s Second Revised Third Amended Joint Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on March 30,...

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Nine West Bankruptcy Plan Filed

Nine West Holdings filed with the U.S. Bankruptcy Court a Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The restructuring transactions...

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STG Group Chapter 7 Liquidation

STG Group (F/K/A Global Defense & National Security Systems) filed for Chapter 7 protection with the U.S. Bankruptcy Court in the Eastern District of Virginia, case number 18-11395. The Company,...

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Southeastern Grocers Bankruptcy Supplement Filed

Southeastern Grocers filed with the U.S. Bankruptcy Court a Supplement in connection with the Company’s Joint Prepackaged Chapter 11 Plan of Reorganization. The Supplement contains the following...

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Bon-Ton Bankruptcy Sale Closed

Bon-Ton Stores filed with the U.S. Bankruptcy Court a notice of closing date, which states, “On April 18, 2018, the United States Bankruptcy Court for the District of Delaware entered that certain...

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Patriot National Bankruptcy Plan Filed

Patriot National filed with the U.S. Bankruptcy Court a Fourth Amended Joint Chapter 11 Plan of Reorganization, which notes, “To the extent that the Allowed First Lien Lender Deficiency Claims are...

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Seadrill Bankruptcy Plan Summarized

BankruptcyData’s detailed analysis and summary of Seadrill’s Second Amended Joint Chapter 11 Plan (as Modified) of Reorganization, dated April 16, 2018, is now available. The U.S. Bankruptcy Court...

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