Weinstein Company Holdings Sale Approved
The U.S. Bankruptcy Court issued an order approving Weinstein Company Holdings’ motion for entry of orders approving bidding procedures for the sale of substantially all of the Debtors’ assets;...
View ArticleReal Industry Plan Effective
Real Industry’s Plan of Reorganization became effective and the Company emerged from Chapter 11 protection, with a new name: “Elah Holdings.” The U.S. Bankruptcy Court confirmed the plan on May 02,...
View ArticleMedizone International Chapter 7 Petition Filed
Medizone International filed for Chapter 7 protection with the U.S. Bankruptcy Court in the District of Nevada, case number 18-12662. The Company, which manufactures the AsepticSure® system, a...
View ArticleCumulus Media Proposed Final Plan Confirmation Filed
Cumulus Media filed with the U.S. Bankruptcy Court proposed final findings of fact and conclusions of law in support of confirmation of the First Amended Joint Plan of Reorganization. According to the...
View ArticleCumulus Media Plan Confirmed
The U.S. Bankruptcy Court issued an order confirming Cumulus Media’s First Amended Joint Chapter 11 Plan of Reorganization. The order states, “On the Effective Date, the Management Incentive Plan shall...
View ArticleClaire’s Stores KEIP, KERP Program Approval Sought
Claire’s Stores filed with the U.S. Bankruptcy Court a motion for entry of an order approving Debtors’ incentive and retention programs for certain key employees. The motion explains, “The Debtors’...
View ArticleFirstenergy Solutions Sale Approval Sought
Firstenergy Solutions filed with the U.S. Bankruptcy Court a motion to sell property free and clear of liens and authorizing the assumption of the aircraft purchase agreements; authorizing the sale of...
View ArticleHobbico Sale Approval Sought
Hobbico filed with the U.S. Bankruptcy Court a motion for entry of an order (i) authorizing the sale of assets, free and clear of all liens, claims, liabilities, encumbrances, and interests of any King...
View ArticleFirestar Diamond Objections Filed
Punjab National Bank and Ministry of Corporate Affairs of the Union of India filed with the U.S. Bankruptcy Court separate objections to Firestar Diamond’s motion for entry of an order approving the...
View ArticleToys “R” Us Bid Procedures for Remaining Real Estate Assets Determined
The U.S. Bankruptcy Court issued an order establishing bidding procedures for the remaining real estate assets of Toys Delaware. The order states, “If the Debtors do not receive a Qualified Bid as to a...
View ArticleToys “R” Us Bid Procedures Approval Sought
Toys “R” Us – Delaware and Geoffrey LLC (collectively the Selling Debtors) filed with the U.S. Bankruptcy Court a motion to approve selling Debtors’ motion for entry of an order establishing bidding...
View ArticleiHeartMedia Agreements re: Nielsen Approved
The U.S. Bankruptcy Court approved iHeartMedia’s motion for entry of an order authorizing the Debtors to assume the Nielsen agreements. As previously reported, “The Nielsen Agreements are an essential...
View ArticleFirstenergy Solutions Sale Approval Sought
Firstenergy Solutions filed with the U.S. Bankruptcy Court a motion to sell property and authorizing the assumption of the asset purchase agreement for the sale of the Bay Shore facilities and related...
View ArticlePrinceton Alternative Income Fund Examiner Appointment Sought
Ranger Alternative Management, II, Ranger Direct Lending Fund Trust & Ranger Specialty Income Fund filed with the U.S. Bankruptcy Court a motion to appoint Examiner in Princeton Alternative Income...
View ArticleThe Rockport Company, LLC Chapter 11 Petition Filed
The Rockport Company, LLC and 9 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 18-11145. The Company, a manufacturer of...
View ArticleThe Rockport Company Store Closing Approval Sought
The Rockport Company filed with the U.S. Bankruptcy Court a motion for entry of an order authorizing the Debtors to (a) conduct store closing sales at their North American retail locations and (b) pay...
View ArticleThe Rockport Company D.I.P. Interim Financing Approved
The U.S. Bankruptcy Court issued an order on an interim basis, with revisions (i) authorizing The Rockport Company to (a) obtain postpetition financing on a super-priority, senior secured basis and (b)...
View ArticleLegal Coverage Group Objections Filed
Multiple Parties – including Chapter 7 Trustee for the estate of Gary Alan Frank; 101 Walnut Condominium Association and Michel’s Bakery – filed with the U.S. Bankruptcy Court separate objections to...
View ArticleOrianna Health Systems Bid Procedures, Auction Time Line Filed
Orianna Health Systems filed with the U.S. Bankruptcy Court a notice of bidding procedures and auction. The notice states, “The ‘Bid Deadline’ is June 11, 2018 at 5:00 p.m. (prevailing Central Time)…....
View ArticleEnduro Resource Partners Chapter 11 Petition Filed
Privately-held Enduro Resource Partners and 5 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 18-11174. The Company,...
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