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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...

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Relativity 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...

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Cambridge 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...

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FULLBEAUTY 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...

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Patriot 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...

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First 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...

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Orion 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...

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Firestar 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...

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Lockwood 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...

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A’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...

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Nine 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...

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Bertucci’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...

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EV 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...

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Seadrill 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...

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RMH 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...

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Encompass 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...

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Relativity 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)...

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Norton 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...

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EV 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...

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Gibson 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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