Tops Holding II – Seeks Court Approval of Settlement Agreement
August 9, 2018 – Tops Holding II filed with the Court a motion to approve (a) global settlement among Debtors, United Food and Commercial Workers International Union District Union Local One And United...
View ArticleLockwood International – Lockwood Holdco to Serve as Stalking Horse Bidder
August 9, 2018 – Lockwood International filed a motion requesting, pursuant to paragraph 8 of the Bidding Procedures Order [Docket No. 513] and Section IX of the Bidding Procedures, to designate...
View ArticlePacific Drilling – Requests Authority for $1.5 Billion in Exit Financing,...
August 10, 2018 – Pacific Drilling requested Court authority to enter into an exit financing commitment letter and related agreements and incur and pay certain related fees and/or premiums,...
View ArticleAralez Pharmaceuticals US – Chapter 11 Petition Filed
August 10, 2018 – Aralez Pharmaceuticals US and 6 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, case number 18-12425. The...
View ArticleFirestar Diamond – Court Approves Sale of Navy Exchange Inventory for 48% of...
August 10, 2018 – The Court hearing the Firestar Diamond (“Firestar”) case approved the request of the Chapter 11 Trustee to sell inventory (the “Inventory”) held by Navy Exchange, a Firestar customer...
View ArticleRelativity Media – Gets Access To $4 Million In Final DIP Financing, Cash...
August 10, 2018 – The Court hearing the Relativity Media case has approved the Debtors request (i) to obtain up to $4 million in senior secured debtor-in-possession (“DIP”) financing from UltraV...
View ArticleRelativity Media – Court Approves Settlement amongst Debtors, UltraV and...
August 10, 2018 – The Court hearing the Relativity Media case approved a settlement agreement amongst the Debtors, the Relativity Entities (comprised of the Debtors and certain of their non-debtor...
View ArticleRed Mountain Resources – SEC Objects to Disclosure Statement and Plan
August 13, 2018 – The United States Securities and Exchange Commission (“SEC”) filed an objection [Docket No. 315] to Red Mountain Resources’ Disclosure Statement [Docket No. 308] and Second Amended...
View ArticleCenveo – Plan Supplement Identifies Board and Senior Management of...
August 13, 2018 – Cenveo filed with the Court a Fourth Supplement to its Plan Supplement [Docket No. 655]. The supplement contains the following documents: (i) Exhibit A: Amended Identity of the...
View ArticleOrianna Health Systems – Creditor Objects to Billing Practices of Pepper...
August 13, 2018 – Orianna Health Systems’ creditor OHI Asset RO filed with the Court an objection to the “May Monthly Statements” for allowance and payment of fees and expenses filed by each of Pepper...
View ArticleOrianna Health Systems – Seeks Court Approval of Sale of Restructuring...
August 13, 2018 – Orianna Health Systems requested Court approval to sell the “Restructuring Portfolio” pursuant to the terms of Asset Purchase Agreement, dated August 13, 2018 between SC-GA 2018...
View ArticleWeinstein Company Holdings – Seeks Court Approval of Lantern Entertainment’s...
August 13, 2018 – Weinstein Company Holdings has requested Court approval of a compromise settlement reached with Lantern Entertainment in respect of the assumption and assignment of Speedee contracts...
View ArticleMultimedia Platforms – Debtors and White Winston Select Asset Funds File Plan...
August 14, 2018 – Multimedia Platforms Worldwide (“MPW”), Multimedia Platforms, Inc., a Nevada corporation (“MPI”), and New Media Frontiers Holdings, LLC, a Delaware limited liability (“NMFH” and,...
View ArticleAppvion – Court Confirms Combined Plans of Liquidation & Disclosure Statement
August 14, 2018 – The U.S. Bankruptcy Court confirmed Appvion’s Second Amended Combined Plans of Liquidation & Disclosure Statement [Docket No. 970]. The Court approved the Disclosure Statement on...
View ArticleColor Spot Nurseries – Landlords File Appeal to Sale; Object to Treatment of...
August 14, 2018 – Winters Nursery, Forest Grove Nursery, Winters Forest Grove, Blooming Farm and Fallbrook Nursery (collectively, the “NHHC II Landlords”) have appealed [Docket No. 300] a court order...
View ArticleAralez Pharmaceuticals – Court Authorizes $1 Million of Interim DIP...
August 14, 2018 – The Court hearing the Aralez Pharmaceuticals case has authorized the Debtors request (i) to access interim debtor-in-possession (“DIP”) financing of up to $1 million to be provided by...
View ArticleOrion Healthcorp – Court Approves NYNM Management KERP Seal
August 13, 2018 – The Court hearing the Orion Healthcorp case approved the request of Debtor affiliate New York Network Management (“NYNM Management”) to file under seal a list of key employees that...
View ArticleColor Spot Nurseries – Amends APA with Buyer Wells Fargo Bank
August 15, 2018 – Color Spot Nurseries filed with the Court (i) an Amended and Restated Asset Purchase Agreement, dated August 3, 2018 [executed on August 14, 2018], by and between Wells Fargo Bank...
View ArticlePacific Drilling – Files Amended KEIP Term Sheet
August 15, 2018 – Further to input from the United States Trustee and creditors, the Debtors have filed an amended term sheet relating to the implementation of the 2018 Key Employee Incentive Plan...
View ArticleiHeartMedia – June M.O.R. Reports $305.8 Million In Revenue, $77.1 Million in...
August 15, 2018 – iHeartMedia filed with the U.S. Bankruptcy Court a monthly operating report for June 2018 [Docket No. 1262]. For the month, the Company reported a net loss of $119.6 million on $305.8...
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