Relativity Media Creditors Committee Objection Filed
Relativity Media’s Official Committee of Unsecured Creditors filed with the U.S. Bankruptcy Court an objection to the Debtors motion for (i) entry of interim and final orders authorizing the Debtors to...
View ArticleClaire’s Stores Objections Filed
Claire’s Stores and the Ad Hoc First Lien Group filed with the U.S. Bankruptcy Court separate objections to the motion of Oaktree Capital Management for entry of an order directing the Debtors to...
View ArticleLucky Dragon Hotel & Casino Financing Motion Denied
The U.S. Bankruptcy issued an order denying Lucky Dragon Hotel & Casino’s motion for the entry of interim and final orders authorizing the Debtors to obtain financing. The Debtors had previously...
View ArticleNew Mach Gen, LLC Chapter 11 Petition, Prepackaged Plan Filed
New Mach Gen (“NMG”) and four affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 18-11368. NMG, which is headquartered in...
View ArticleEnduro Resource Partners Asset Sale Motion Approved
The U.S. Bankruptcy Court issued an order approving Enduro Resource Partners’ motion relating to the sale of substantially all of its assets pursuant to a Section 363 auction process. As previously...
View ArticleToys “R” Us Sale of Propco II Assets
Toys “R” Us Property Company II (the “Propco II Debtor”) and Giraffe Junior Holdings (collectively, the “Propco II Debtors”) filed with the U.S. Bankruptcy Court a motion for entry of an order (i)...
View ArticleRelativity Media Retention Objection Filed
Netflix filed with the U.S. Bankruptcy Court an objection to Relativity Media’s application for entry of an order authorizing the retention and employment of Winston & Strawn as attorneys for the...
View ArticleCredit Suisse announces resolution of Lehman Brothers claims
Credit Suisse AG and certain of its subsidiaries (“Credit Suisse”) announced that it has reached an agreement with Lehman Brothers Holdings Inc. and certain of its subsidiaries (“Lehman”) to resolve...
View ArticleNew MACH Gen D.I.P. Financing Approved
The U.S. Bankruptcy Court issued an interim Order approving New MACH Gen’s motion for interim and final orders (i) authorizing Debtors to obtain postpetition financing in the form of a multi-draw term...
View ArticleScottish Annuity & Life Insurance Company Winning Bidder Designated
The U.S. Bankruptcy Court issued an Order approving Scottish Annuity & Life Insurance Company’s designation of the winning and backup bidders and their respective bids. The order states, “Hildene...
View ArticleClaire’s Stores Disclosure Statement Objection Filed, Seal Sought
Claire’s Stores’ Official Committee of Unsecured Creditors filed with the U.S. Bankruptcy Court an objection to the Debtors motion for entry of an order (i) approving the proposed Disclosure Statement...
View ArticleNine West Holdings Notice of Successful Bidder Filed
Nine West Holdings filed with the U.S. Bankruptcy Court a notice of designation of successful bid and back-up bid. The notice states, “in accordance with the Bidding Procedures, at the conclusion of...
View ArticleThe Walking Company Holdings Plan Confirmed
The U.S. Bankruptcy Court issued an order confirming The Walking Company Holdings’ Modified First Amended Joint Chapter 11 Plan of Reorganization and related Disclosure Statement. According to a press...
View ArticleThe Rockport Company Store Closing, Closing Bonuses Approved
The U.S. Bankruptcy Court issued an order approving The Rockport Company’s motion for entry of an order authorizing the Debtors to (a) conduct store closing sales at their North American retail...
View ArticleElements Behavioral Health Sale Procedures Approved
The U.S. Bankruptcy Court issued an order (i) approving bidding procedures in connection with the sale of substantially all of the Debtor’s assets, (ii) approving certain bid protections for the...
View ArticleClaire’s Stores KEIP, KERP Programs Approved
The U.S. Bankruptcy Court approved Claire’s Stores’ motion for entry of an order approving Debtors’ incentive and retention programs for certain key employees. As previously reported, “The KEIP...
View ArticleA’GACI Disclosure Statement Filed, Approved
A’GACI filed with the U.S. Bankruptcy Court a Second Amended Disclosure Statement related to its Chapter 11 Plan. According to the amended Disclosure Statement, “The estimated total amount of Allowed...
View ArticlePacific Drilling Exclusivity, Mediation, Solicitation Periods Extended
The U.S. Bankruptcy Court issued an agreed order extending exclusive periods during which Debtors may file a plan of reorganization and solicit acceptances thereof and establishing terms for plan...
View ArticleAppvion Joint Plan & Disclosure Statement Filed
Appvion filed with the U.S. Bankruptcy Court an Amended Joint & Combined Plan of Liquidation and Disclosure Statement. According to the Disclosure Statement, “This Combined Plan and Disclosure...
View ArticleRMH Franchise Holdings Retention Objection Filed
Dine Brands Global, the ultimate parent company, along with Applebee’s Restaurants and Applebee’s Franchisor (collectively, “Applebee’s”) filed with the U.S. Bankruptcy Court an objection to RMH...
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