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Cenveo – Seeks Authority for Exit ABL Facility of $175 Million and Exit Term...

August 14, 2018 – Cenveo requested authority to enter into commitment letters, and related fee letters, pertaining to the provision of exit financing, notably (i) for a fully underwritten $175 million...

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RM Holdco – Seeks Approval of Prepetition KEIP and KERP, Files Related Seal...

August 15, 2018 – RM Holdco has requested Court authority to honor obligations under (i) a prepetition, non-insider Key Employee Incentive Plan (the “KEIP”), and to further extend the KEIP to certain...

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Cenveo – Announces that its Chapter 11 Plan Has Been Confirmed

August 16, 2018 – Cenveo announced in a press release that the U.S. Bankruptcy Court for the Southern District of New York has confirmed its Plan of Reorganization (the “Plan”), paving the way for the...

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Gibson Brands – June M.O.R. Reports Operating Income of $2.9 Million,...

August 16, 2018 – Gibson Brands filed with the U.S. Bankruptcy Court a monthly operating report for June 2018 [Docket No. 612]. For the month, the consolidated Debtors reported operating income of $2.9...

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Samuels Jewelers – U.S. Trustee Appoints Unsecured Creditors Committee

August 16, 2018 – The U.S. Trustee assigned to the Samuels Jewelers case appointed the following members to the Official Committee of Unsecured Creditors [Docket No. 108]: (i) Emily Warth of Asurion...

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Claire’s Stores – Debtors Respond to Oaktree Motion, Battle with Apollo...

August 16, 2018 – Claire’s Stores filed an objection [Docket No. 784] to Oaktree Capital Management’s (“Oaktree”) July 19, 2018 motion seeking court authority to prosecute and settle claims on behalf...

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Claire’s Stores – Ad Hoc First Lien Group Objects to Oaktree Motion, Urges...

August 16, 2018 – Claire’s Stores’ Ad Hoc First Lien Group filed an objection [Docket No. 786] to Oaktree Capital Management’s (“Oaktree”) July 19, 2018 motion seeking court authority to prosecute and...

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Scottish Annuity & Life Insurance Company – Court Approves $63.5 million...

August 22, 2018 – The Court hearing the Scottish Annuity & Life Insurance Company case approved the stipulation by and among (i) Scottish Annuity & Life Insurance Company (Cayman), (ii)...

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Enduro Resource Partners – Court Approves Settlement Agreement, Mutual...

August 22, 2018 – The Court hearing the Enduro Resource Partners case approved a settlement agreement between (i) Enduro Operating and (ii) Echo Production, Talus, Twin Montana, Cimarron River...

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Toys “R” Us – Court Confirms Technically Modified Plan of Propco II Plan Debtors

August 22, 2018 – Toys “R” Us Property Company II, LLC and Giraffe Junior Holdings, LLC (collectively, the “Propco II Plan Debtors”) filed an Amended Joint Chapter 11 Plan of Reorganization of Toys “R”...

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VER Technologies HoldCo – Plan Becomes Effective, Debtor Becomes Wholly Owned...

August 21, 18 – VER Technologies HoldCo’s Fourth Amended Joint Chapter 11 Plan of Reorganization [Docket No. 661] became effective and the Company emerged from Chapter 11 protection [Docket 749]. The...

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Color Spot Nurseries Emerges from Chapter 11

August 21, 2018 – Color Spot Nurseries, Inc. (“Color Spot”), a leading grower and distributor of quality live plants in the western and southwestern United States, announced its emergence from Chapter...

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Pacific Drilling – Court Grants Authority for $1.5 billion in Exit Financing

August 23, 2018 – The Court hearing the Pacific Drilling case has authorized the Debtors to enter into an exit financing commitment letter and related agreements [Docket No. 518]. As previously...

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Orianna Health Systems – Unsecured Creditors Committee Launches Assault on...

August 23, 2018 – Orianna Health Systems’ Unsecured Creditors Committee filed with the Court an objection to the Omega proofs of claims filed by OHI Asset RO [Docket No. 852]. The objection asserts,...

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Point.360 – Medley Capital Objects to Third Exclusivity Extension for...

August 23, 2018 – Creditors Medley Capital Corporation & Medley Opportunity Fund II filed with the Court an objection to the Debtor’s motion to extend the exclusivity period for filing a Chapter 11...

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iHeartMedia – Files Amended Plan and Disclosure Statement

August 23, 2018 – iHeartMedia filed with the Court a Second Amended Joint Plan of Reorganization [Docket No. 1301] and a related Disclosure Statement [Docket No. 1304]. The Disclosure Statement notes,...

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Cenveo – Court Approves Exit ABL Facility of $175 Million and Exit Term...

August 23, 2018 – The Court hearing the Cenveo case approved the Debtor’s motion [Docket No. 691] to enter into commitment letters, and related fee letters, pertaining to the provision of exit...

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Firestar Diamond – Examiner’s Report Details “Numerous Indicia of Fraud”

August 25, 2018 – Firestar Diamond’s Examiner filed with the Court a report on the case [Docket No. 394]. The reports “Executive Summary” notes in part, “The Debtors are in the business of selling...

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Appvion – Court Declares Liquidation Plan Effective

August 25, 2018 – Appvion’s Second Amended Joint Combined Disclosure Statement and Plans of Liquidation became effective [Docket No. 999]. The Court had previously confirmed the plan on August 14, 2018...

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Rex Energy – Cancels Auction, PennEnergy Resources Purchases Assets for...

August 25, 2018 – Rex Energy filed with the U.S. Bankruptcy Court a notice announcing the cancellation of its auction with respect to a sale of the Debtors’ Assets and selected the bid submitted by...

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