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Brookstone – Seeks DIP Financing of $30 Million from Prepetition Lenders

August 2, 2018 – Brookstone has requested Court authority to obtain postpetition secured financing from its prepetition ABL Lenders in an aggregate principal amount of up to $30 million. Wells Fargo...

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Brookstone, Inc. Chapter 11 Petition Filed

August 2, 2018 – Brookstone, Inc. (“Brookstone”) and nine affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 18-11781....

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RM Holdco LLC (Real Mex Restaurants) Chapter 11 Petition Filed

August 5, 2018 – Privately-Held RM Holdco LLC and its subsidiaries, including Real Mex Restaurants, announced that it has executed an Asset Purchase Agreement with an affiliate of Z Capital Group, LLC....

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Brookstone – Court Approves Store Closing Sales Agreement and Closing Plan

August 3, 2018 – The Court hearing the Brookstone case has issued an order (i) authorizing the Debtors to assume the closing store agreement, (ii) authorizing and approving the store closing sales free...

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Lockwood International – Taxing Entities File Objection to Sale Motion

August 3, 2018 – Sheldon Independent School District, Brazoria County Tax Office, Klein Independent School District and Waller County Tax Office filed with the Court an objection to Lockwood...

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FirstEnergy Solutions – Asset Sale Procedures Approved

August 3, 2018 – The Court hearing the FirstEnergy Solutions’ case has approved the Debtors’ Sale Motion [Docket No. 1098]. As previously reported [Docket No. 908], “After extensive deliberations with...

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A’GACI – Plan Effective

August 3, 2018 – A’GACI’s Second Amended Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection [Docket No. 507]. The Court hearing the A’GACI case had previously...

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Samuels Jewelers, Inc. – Chapter 11 Petition Filed

August 7, 2018 – Samuels Jewelers, Inc. filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, case number 18-11818. The Company, a jewelry chain with about 130...

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PES Holdings – Second Amended Joint Prepackaged Plan of Reorganization...

August 7, 2018 – PES Holdings’ Technically Modified Second Amended Joint Prepackaged Plan of Reorganization and New Intermediation Facility became effective and the Company emerged from Chapter 11...

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RM Holdco – Court Approves Interim DIP Financing of $1.6 Million

August 7, 2018 – The Court hearing the RM Holdco case has authorized (i) the Debtors’ request for interim debtor-in-possession (“DIP”) financing of up to $1.6 million (this a reduction from the $3...

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Heritage Home Group – Seeks Approval of KEIP and KERP; Files Related Seal Motion

August 6, 2018 – Heritage Home Group filed with the Court redacted versions of its Key Employee Incentive Plan (KEIP) and Key Employee Retention Plan (KERP) [Docket No. 77]. The motion notes, “The KEIP...

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J&M Sales, Inc. (National Stores, Inc.) Chapter 11 Petition Filed

August 6, 2018 – J&M Sales, Inc (National Stores, Inc.) and nine affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number...

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The Rockport Company – Seeks Amendment to Case Caption to Reflect New...

August 8, 2018 – The Rockport Company requested Court approval to amend its case caption from “The Rockport Company” to “The Relay Company” [Docket No. 442]. The motion explains, “Section 8.17 of the...

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Tintri – Receives KERP Approval

August 8, 2018 – Tintri received Court approval for its key employee retention program (the “KERP”) for certain non-insider employees [Docket No. 152]. As previously reported [Docket No. 11], “The KERP...

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J & M Sales – Court Approves $57 Million of Interim DIP Financing

August 8, 2018 – J & M Sales received interim Court authority for $57 million of post-petition Debtor in Possession (“DIP”) financing [Docket No. 17]. The interim order authorizes the Debtors,...

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Toys “R” Us – Court Approves Settlement Agreement with Key Stakeholders

August 8, 2018 – The Court hearing the Toys “R” Us case has approved a comprehensive settlement agreement amongst certain Toys “R” Us Debtors and key stakeholders (“the Settlement Agreement”) [Docket...

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Brookstone – Approval of Bid Procedures and Sale Sought

August 8, 2018 – Brookstone filed with the U.S. Bankruptcy Court a motion [Docket No. 100] seeking (a) an order approving of procedures relating to the sale of its assets (including bidding procedures,...

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ActiveCare – Unsecured Creditors Object to Financing Motion

August 9, 2018 – ActiveCare’s official committee of unsecured creditors filed an objection [Docket No. 103] to the Debtor’s financing motion [Docket No.9] citing concerns over a number of provisions...

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Samuels Jewelers – Court Approves Interim DIP Financing of $4 Million

August 9, 2018 – The Court hearing the Samuels Jewelers case has authorized the Debtors request for interim debtor-in-possession (“DIP”) financing of up to $4 million. Wells Fargo and GBFC will serve...

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Weinstein Company Holdings – Seeks Court Approval of Settlement Agreement

August 9, 2018 – Weinstein Company Holdings filed with the Court a settlement agreement by and among (a) The Weinstein Company LLC (“TWC”) and The Weinstein Company Holding Debtors (“TWC Holdings”...

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