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Pacific Drilling – Seeks Authority to Enter Second Lien Commitment Agreement

August 24, 2018 – Pacific Drilling requested authority to enter into a second lien commitment agreement [Docket No. 520]. The motion notes, “Specifically, the Debtors seek: (a) authority to (i) pay to...

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Brookstone – Committee Objects to Financing Motion, Cites Concerns Over...

August 24, 2018 – The Official Committee of Unsecured Creditors (the “Committee”) of Brookstone filed a redacted objection [Docket No. 231] to Debtors financing motion [Docket No. 19] citing liquidity...

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Hooper Holmes, Inc. – Files Chapter 11 Petition, Details Purchase Agreement...

August 28, 2018 – Hooper Holmes, Inc., d/b/a Provant Health, and six affiliated debtors (collectively, “the Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern...

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Toys “R” Us – U.S. Trustee Objects to Disclosure Statement “Ambush”, Sees...

August 27, 2018 – The U.S. Trustee filed an objection [Docket No. 4372] to the adequacy of the Disclosure Statement filed by Toys Delaware Debtors and Geoffrey Debtors [Docket No. 4056]. The U.S....

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Scottish Annuity & Life Insurance Company – Court Confirms Amended Plan

August 27, 2018 – The Court hearing the Scottish Annuity & Life Insurance Company case confirmed the Debtors Third Amended Joint Plan of Reorganization [Docket No. 492]. As previously reported...

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Samuels Jewelers – Creditor Bank Seeks Appointment of Examiner, Citing...

August 27, 2018 – Punjab National Bank (“PNB”) filed with the Court a motion directing the appointment of an examiner in the Samuels Jewelers case [Docket No.142]. PNB asserts, “PNB seeks the...

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FirstEnergy Solutions – Requests Court Approval of “Milestone” Comprehensive...

August 26, 2018 – FirstEnergy Solutions (“FES”) requested Court approval of a settlement agreement [Docket No. 1224] by and among (i) the Debtors, (ii) FirstEnergy Corp. (“FE Corp.”) and its affiliates...

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Erin Energy Dismissal Sought

Zenith Bank Plc (“Zenith”) filed with the U.S. Bankruptcy Court a motion for dismissal or abstention under 11 U.S.C. Section 1112(b) and 305 (a)(1). In support of the dismissal, Zenith states, “The...

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The Nordam Group, Inc. – Chapter 11 Petition Filed

Privately-held, The Nordam Group and four affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 18-11699. The Tulsa-based...

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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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Open Road Films, LLC – Files Chapter 11 Petition

September 6, 2018 – Open Road Films, LLC (f/k/a REGAMC Releasing, LLC) and five affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case...

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Heritage Home Group – Court Approves KEIP, KERP and Related Seal

September 6, 2018 – The Court hearing the Heritage Home Group case approved the Debtors’ Key Employee Incentive Plan (“the KEIP”) and Key Employee Retention Plan (“the KERP”) [Docket No. 245]. As...

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iHeartMedia – Indenture Trustee Objects to Disclosure Statement, “Leakage of...

September 5, 2018 – Wilmington Savings Fund Society (“the Legacy Trustee”), as successor indenture trustee to notes issued under the Debtors’ October 1997 indenture (“the Legacy Notes”), filed an...

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Brookstone – Unsecured Creditors Committee Backs Authentic Brands Bid Over...

September 5, 2018 – Brookstone’s Official Committee of Unsecured Creditors filed with the Court a redacted objection [Docket No. 319] to Debtors’ motion outlining bidding protections for the sale of...

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1 Global Capital – Securities and Exchange Commission Alleges $287 million...

August 23, 2018 – The U.S. Securities and Exchange Commission filed charges against 1 Global Capital LLC (“1 Global”) and its former CEO Carl Ruderman for allegedly defrauding at least 3,400 retail...

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Gibson Brands – Files Fourth Amended Plan and Seeks Approval for Disclosure...

September 6, 2018 – Gibson Brands filed a Fourth Amended Joint Chapter 11 Plan of Reorganization [Docket No. 726] and requested approval of a Disclosure Statement addendum and amended solicitation...

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The Rockport Company – Requests Extension of Exclusive Plan Filing Period,...

September 11, 2018 – The Rockport Company filed with the Court a motion to extend the periods during which the Company has an exclusive right to file a Chapter 11 Plan, and solicit acceptances thereof,...

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Lockwood International – Court Approves Sales of Rotterdam Assets; Edmonton...

August 29, 2018 – The Court hearing the Lockwood International case approved four separate sales, including: (i) that of the Rotterdam assets to Southwest Stainless (the Rotterdam Buyer), (ii) that of...

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Claire’s Stores – Oaktree Capital Management Objects to RSA Plan, “Step in...

September 14, 2018 – Oaktree Capital Management filed with the Court an objection [Docket No. 989] to the confirmation of the Debtors’ Modified Second Amended Joint Chapter 11 Plan of Reorganization...

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Hooper Holmes – DIP Provider SWK Objects to Bid Procedures Which “Strip” it...

September 14, 2018 – SWK Funding LLC (“SWK”) filed with the Court an objection [Docket No. 85] to Hooper Holmes’ bid procedures motion [Docket No. 18]. SWK asserts, “SWK has been supportive of a...

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