Southeastern Grocers Closing Procedures Approved
The U.S. Bankruptcy Court approved, on a final basis, Southeastern Grocers’ motion for approval of procedures related to store closing sales and the assumption of the liquidation consulting agreement....
View ArticleFallbrook Technologies Plan Filed
Fallbrook Technologies filed with the U.S. Bankruptcy Court a Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “Upon the Effective Date, in...
View ArticleKII Bankruptcy Plan Filed
Katy Industries (KII) and its official committee of unsecured creditors filed with the U.S. Bankruptcy Court a Second Amended Combined Disclosure Statement and Chapter 11 Plan of Liquidation. Documents...
View ArticleOrexigen Bankruptcy KEIP, KERP Approved
The U.S. Bankruptcy Court approved Orexigen Therapeutics’ motion for entry of an order (i) authorizing implementation of a key employee incentive plan (KEIP) and a key employee retention plan (KERP)...
View ArticleEpic Research Bankrupt
Privately-held Epic Research & Diagnostics, Inc., a Delaware Corporation, filed for Chapter 7 protection with the U.S. Bankruptcy Court in the District of Arizona, case number 18-04303. The Company...
View ArticleFirstEnergy Bankruptcy Payment Program Filed
FirstEnergy Solutions (FES) filed with the U.S. Bankruptcy Court a motion for entry of an order authorizing the Debtors to (a) continue to participate in and honor payments due to the Debtors’...
View ArticleOmni Management Beilinson Advisory Purchase Announced
Omni Management announced that existing management, Marc Beilinson and affiliates of the Beilinson Advisory Group have purchased Omni Management Group from Rust Consulting. The new company, to be known...
View ArticleLockwood Bankruptcy Extension Sought
Lockwood International filed with the U.S. Bankruptcy Court a motion to extend the exclusivity period for filing a plan and soliciting acceptances thereof through and including August 31, 2018 and...
View ArticleGEM Hospitality Bankruptcy Objection Filed
The City of Peoria, IL filed with the U.S. Bankruptcy Court an objection to the motion to dismiss the case of GEM Hospitality affiliated Debtor Pere Marquette Hotel. The objection asserts, “The City...
View ArticleCharming Charlie Bankruptcy Plan Effective
Charming Charlie’s Fourth Amended Joint Chapter 11 Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on April 3,...
View ArticleErin Energy Bankrupt
Erin Energy (F/D/B/A Camac Energy and Pacific Asia Petroleum) and three affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, case number...
View ArticleReal Industry Bankruptcy Objection Filed
The SEC filed with the U.S. Bankruptcy Court an objection to Real Industry’s Plan of Reorganization. The objection asserts, “The SEC objects to confirmation of the Plan because the Plan contains...
View ArticleEnumeral Biomedical Bankruptcy DS Approved
Enumeral Biomedical Holdings filed with the U.S. Bankruptcy Court a First Amended Disclosure Statement. According to the Disclosure Statement, “The Plan provides that, subject to paying the expenses of...
View ArticleCenveo Bankruptcy Objection Filed
Pension Benefit Guaranty Corporation (PBGC) filed with the U.S. Bankruptcy Court an objection to Cenveo’s Disclosure Statement. PBGC asserts, “The Disclosure Statement fails to provide ‘adequate...
View ArticleEXCO Bankruptcy KEIP Filed
EXCO Resources filed with the U.S. Bankruptcy Court a motion for entry of an order authorizing and approving the Debtors’ key employee incentive plan (KEIP). The motion explains, “By this motion, the...
View ArticleSchletter Bankrupt
Privately-held Schletter Inc. (D/B/A: Schletter, Schletter Incorporated, Schletter Solar Mounting Systems, Schletter Metal Works) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the...
View ArticleCFG Bankruptcy Settlement Approved
The U.S. Bankruptcy Court approved China Fishery Group’s Chapter 11 trustee’s settlement agreement related to inter-company claims among and between CFG Peru Singapore, the other Debtors and non-debtor...
View ArticleFirstEnergy Solutions Deactivation Letter Issued
FirstEnergy Solutions (FES) announced that it has filed a certification letter with the U.S. Nuclear Regulatory Commission (NRC) formally notifying the NRC of FES Generation Companies’ decision to...
View ArticleRemington Bankruptcy Objections Filed
The U.S. Trustee assigned to the Remington Outdoor Company case and the SEC filed with the U.S. Bankruptcy Court separate objections to the Company’s Joint Prepackaged Chapter 11 Plan of...
View ArticleHCR ManorCare Bankruptcy Agreement Reached
Quality Care Properties (QCP) announced that it has entered into an agreement with ProMedica Health System, under which ProMedica Health System will assume the rights and obligations of QCP, pursuant...
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