Rosetta Genomics, Inc. Files Chapter 7 Petition
Privately-held Rosetta Genomics filed for Chapter 7 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 18-11316. The Company, a molecular diagnostics company that...
View ArticleSoutheastern Grocers Plan Effective, Exit Facility Credit Agreements Filed
Southeastern Grocers’ (SEG) (other than Winn-Dixie Warehouse leasing) Amended Joint Prepackaged Chapter 11 Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection....
View ArticleGibson Brands Final Financing Approved
The U.S. Bankruptcy Court issued a final order (i) authorizing Gibson Brands to obtain postpetition financing and utilize cash collateral and (ii) granting adequate protection to prepetition secured...
View ArticleCumulus Media Plan Supplement Filed
Cumulus Media filed with the U.S. Bankruptcy Court a notice of filing of Fifth Supplement to the First Amended Joint Plan of Reorganization. The supplement contains the following documents, Exhibit B:...
View ArticleFirestar Diamond Statement Filed
The Ministry of Corporate Affairs of the Union of India filed with the U.S. Bankruptcy Court a Joinder Statement to Punjab National Bank’s motion for entry of order directing the appointment of a...
View ArticleTOMS Shoes Struggling
TOMS Shoes, LLC has been shifting sales to its direct-to-consumer Toms.com website as it looks to survive the disruption roiling the retail industry, according to people familiar with the matter, the...
View ArticleWinebow Group Ratings Lowered
On May 25, 2018, S&P Global Ratings lowered its corporate credit rating on The Winebow Group, LLC to CCC+ from B-, its $230 million first lien term loan rating to CCC+ from B-, and its $130 million...
View ArticleBertucci’s Section 363 Sale Approved
The U.S. Bankruptcy Court hearing the Bertucci’s Holdings, Inc. (together with certain subsidiaries, “the Company”) case has issued an order that approves an asset purchase agreement (“APA”) between...
View ArticleCenveo Plan Filed
Cenveo filed with the U.S. Bankruptcy Court an Amended Joint Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The Restructuring Support...
View ArticleElements Behavioral Health APA Executed
Elements Behavioral Health filed with the U.S. Bankruptcy Court a notice that it had executed an asset purchase agreement, dated as of June 5, 2018, with Project Build Behavioral Health, LLC (“PBBH”)...
View ArticleThe Rockport Company Sale Approved
The U.S. Bankruptcy Court issued an order approving The Rockport Company’s motion for entry of an order (i) approving the proposed bidding procedures pursuant to which the Debtors will solicit and...
View ArticleOrion Healthcorp Sale Procedures Approved
The U.S. Bankruptcy Court issued an order (i) approving bidding procedures relating to the sale of certain of the Debtors’ Assets, (ii) approving bid protections, (iii) approving the form and manner of...
View ArticleGibson Brands Retention Objection Filed
The U.S. Trustee assigned to the Gibson Brands case filed with the U.S. Bankruptcy Court an objection to the application authorizing the retention and employment of KPMG LLP as Auditor; and to the...
View ArticleTops Holding II Creditor Committee Requests Subpoena, Document Production Powers
Tops Holding II’s Official Committee of Unsecured Creditors filed with the U.S. Bankruptcy Court a motion for entry of an order authorizing the Committee to issue document requests, notices, and...
View ArticleThe Rockport Company KEIP Objection Filed
The U.S. Trustee assigned to The Rockport Company case filed with the U.S. Bankruptcy Court an objection to the Key Employee Incentive Plan, (“KEIP”) motion. The Trustee asserts, “The U.S. Trustee...
View ArticleSeadrill Motion to Close Affiliate Cases
Seadrill filed with the U.S. Bankruptcy Court a motion for entry of a final decree, closing each of the Debtors’ Chapter 11 cases other than that of Debtors Seadrill Limited, North Atlantic Drilling...
View ArticleCenveo Receives Disclosure Statement Approval, Expects Late July Emergence
Cenveo, in a press release, stated that it has received Court approval for its Amended Disclosure Statement. In addition, Cenveo announced that it has reached an agreement with Brigade Capital...
View ArticleThe Rockport Company Objection Filed, Seal Sought
The Rockport Company’s Official Committee of Unsecured Creditors filed with the U.S. Bankruptcy Court an objection to the Debtors’ motion for entry of interim and final orders authorizing the Debtors...
View ArticleElements Behavioral Health Unsecured Creditors Objection Filed
Elements Behavioral Health’s Official Committee of Unsecured Creditors filed with the U.S. Bankruptcy Court an objection to the Debtors (a) proposed bidding procedure and (b) DIP motion. The Committee...
View ArticleCenveo Amended Plan and Disclosure Statement Filed
Cenveo filed with the U.S. Bankruptcy Court a Third Amended Disclosure Statement and Third Amended Chapter 11 Plan of Reorganization. According to the documents filed with the Court, “The Plan is the...
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