Gordon Brothers Head of Operations Announced
Gordon Brothers announced that Ken Bloore has joined the company as Managing Director and Head of Operations within the firm’s valuations practice. Bloore has over 20 years of operating experience in...
View ArticleRelativity Media Chapter 11 Petition Filed
Privately-held Relativity Media (d/b/a Relativity Fashion and M3 Relativity) and two affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New...
View ArticleCambridge Analytica to File Bankruptcy
On May 2, 2018, SCL Elections Ltd., as well as certain of its and Cambridge Analytica LLC’s U.K. affiliates, filed applications to commence insolvency proceedings in the U.K. The Company is immediately...
View ArticleFULLBEAUTY Brands Ratings Lowered
On May 1, 2018, S&P Global Ratings lowered its corporate credit rating on FULLBEAUTY Brands Holdings Corp. to CCC- from CCC+, its $820 million first-lien term loan rating to CCC- from CCC+ and its...
View ArticlePatriot National Plan Confirmed
The U.S. Bankruptcy Court approved Patriot National’s Fourth Further Amended Joint Chapter 11 Plan of Reorganization. As previously reported, “On the Effective Date, each of the Reorganized Debtors...
View ArticleFirst NBC Bank Holding Company Plan Filed
First NBC Bank Holding Company filed with the U.S. Bankruptcy Court a First Amended Chapter 11 Plan and related Disclosure Statement. According to the Disclosure Statement, “The FDIC Settlement Order...
View ArticleOrion Healthcorp Final Financing Approved
The U.S. Bankruptcy Court issued a final order approving Orion Healthcorp’s motion to obtain post-petition financing and credit, under Section 364(b) Rule 4001(c) or (d). As previously reported, “By...
View ArticleFirestar Diamond Work Plan Filed
Firestar Diamond’s examiner John J. Carney filed with the U.S. Bankruptcy Court a preliminary work plan and budget. The documents filed with the Court explain, “The Examiner Order broadly sets forth...
View ArticleLockwood International Sale, Seal Approval Sought
Lockwood International filed with the U.S. Bankruptcy Court a motion to sell aircraft free and clear of liens as described in Section 363(f). The sale motion explains, “By this Motion, the Debtors seek...
View ArticleA’Gaci Plan Filed
A’Gaci filed with the U.S. Bankruptcy Court a Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The Plan provides for the resolution of Claims...
View ArticleNine West Holdings Bid Procedures Approved
The U.S. Bankruptcy Court issued an order approving Nine West Holdings’ motion (i) approving bidding procedures and procedures for the assignment and assumption of executory contracts and (ii) an order...
View ArticleBertucci’s Holdings Final Financing Approved
The U.S. Bankruptcy Court issued an order on a final basis approving Bertucci’s post-petition financing motion. As previously reported, “The Debtors have secured a debtors-in-possession credit facility...
View ArticleEV Energy Partners Examiner Sought
Common unit holders of EV Energy Partner filed with the U.S. Bankruptcy Court a motion to appoint an examiner pursuant to section 1104(c) of the bankruptcy code and bankruptcy rule 2007. The motion...
View ArticleSeadrill Extension Approved
The U.S. Bankruptcy Court approved Seadrill’s 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 ArticleRMH Franchise Holdings Chapter 11 Petition Filed
Privately-held RMH Franchise Holdings and four affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, case number 18-11092. The Company, which is...
View ArticleEncompass Compliance Chapter 11 Petition Filed
Encompass Compliance filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Florida, case number 18-15342. The Company, which provides workplace drug, alcohol and...
View ArticleRelativity Media Financing Approval Sought
Relativity Media filed with the U.S. Bankruptcy Court a motion for entry of interim and final orders: (i) authorizing the Debtors to (a) obtain postpetition financing and (b) use cash collateral; (ii)...
View ArticleNorton Named Wells Fargo Chief Risk Officer
Wells Fargo has announced that Amanda “Mandy” Norton will join the company this summer as its new chief risk officer. Norton, a 29-year financial services veteran, has served in a number of senior risk...
View ArticleEV Energy Partners Objections Filed
Multiple parties – including the U.S. Trustee, the United States Securities and Exchange Commission, RK Investments, Inc.; Jerry Roger Kent and Selma Poznanovich – filed with the U.S. Bankruptcy Court...
View ArticleGibson Brands Committee Appointed
The U.S. Trustee assigned to Gibson Brands’ case filed with the U.S. Bankruptcy Court a notice of appointment of official committee of unsecured creditors. The following members will serve on that...
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