Pacific Drilling – Files Amendment in Plan to Report on New First Lien Notes...
September 1, 2018 – Pacific Drilling filed with the Court a First Amended Joint Plan of Reorganization [Docket No. 551] and related Disclosure Statement [Docket No. 552]. The Disclosure Statement...
View ArticleProduct Quest Manufacturing – Terminated Employees Allege Violation of Warn Act
September 12, 2018 – Plaintiff Jonathon Walker (“Plaintiff”) on behalf of himself and a putative class of similarly situated former employees of Product Quest Manufacturing, LLC, Ei, LLC, Scherer Labs...
View ArticleRex Energy – Court Approves Amended Disclosure Statement, Schedules October...
September 14, 2018 – Rex Energy filed with the Court an Amended Chapter 11 Plan of Liquidation and related Disclosure Statement [Docket No. 895]. The changes encompassed in the revised Disclosure...
View ArticleClaire’s Stores – Second Lien Debt Holder Oaktree Agrees to Support Plan,...
September 17, 2018 – In a 14-minute hearing, parties to the highly contentious Claire’s Stores, Inc. (“the Company”) bankruptcy confirmed that they had reached a settlement pursuant to which junior...
View ArticleHeritage Home Group – Cancels Auction and Designates Hickory Chair as the...
September 18, 2018 – Heritage Home Group notified the Court that it had cancelled the auction of its “Luxury Brands Business” (comprised of the Hickory Chair, Pearson, Maitland-Smith and La Barge...
View ArticleClaire’s Stores – Files Amended Plan Reflecting Oaktree Settlement, Augmented...
September 18, 2018 – Claire’s Stores filed a Third Amended Joint Chapter 11 Plan of Reorganization [Docket No. 1018] which reflects a settlement with second lien notes holder Oaktree Capital...
View ArticleAralez Pharmaceuticals Inc. – Announces Pair of Asset Sales Valued at $240...
September 19, 2018 – Aralez Pharmaceuticals Inc. (“Aralez”) announced that it entered into purchase agreements with two separate stalking horse purchasers to sell their main operating businesses: the...
View ArticleGenOn Energy – Court Grants Motion to Modify Plan to Account for Sale of...
September 18, 2018 – The Court hearing the GenOn Energy case approved the Debtors’ Third Amended Joint Chapter 11 Plan of Reorganization [Docket No. 1847] to explicitly approve changes to the Plan...
View ArticleFirstEnergy Solutions – Court Rejects KERP as Outside Sound Exercise of...
September 18, 2018 – The Court hearing the FirstEnergy Solutions case denied the Debtors’ motion for authority to continue its “2018 FENOC Key Employee Retention Plan” [Docket No. 1398]. In its...
View ArticleWeinstein Company Holdings – Court Approves Genius Products Settlement of...
September 4, 2018 – The Court hearing the Weinstein Company case approved the motion of The Weinstein Company (“TWC”) and The Weinstein Company Holdings (“TWC Holdings,” and together with TWC, “the TWC...
View ArticleWeinstein Company Holdings – Files Objection to Harvey Weinstein Motion to...
September 20, 2018 – The Weinstein Company Holdings filed an objection to Harvey Weinstein’s motion to compel discovery [Docket No. 1430]. The objection [Docket No. 1516] asserts, “The Motion should be...
View ArticleJ & M Sales – Files Backstop Agency Agreement with Hilco Merchant Resources,...
September 20, 2018 – J & M Sales requested Court orders authorizing (i) a backstop agency agreement with Hilco Merchant Resources (the “Stalking Horse”) dated as of August 5, 2018 (the “Agency...
View ArticleClaire’s Stores – Modified Third Amended Plan Confirmed, Access to $575...
September 21, 2018 – The Court hearing the Claire’s Store’s case issues an order confirming the Debtors’ Third Amended Joint Chapter 11 Plan of Reorganization [Docket No. 1040]. In a press release...
View ArticleTops Holding II – Exhibits to Plan Include Exit ABL Credit Agreement and...
September 21, 2018 – Tops Holding II filed with the Court Exhibits to its Joint Chapter 11 Plan of Reorganization [Docket No. 629]. The Exhibits include: (i) Exhibit 1: Exit ABL Credit Agreement Term...
View ArticleToys “R” Us – Toys Delaware and Geoffrey Debtors File Plan Supplement,...
September 21, 2018 – Toys Delaware and Geoffrey Debtors filed with the Court a Plan Supplement [Docket No. 4850] to its Amended Chapter 11 Plan [Docket No. 4542]. The supplement attaches the following...
View ArticleCOPSync – Court Confirms Amended Plan of Liquidation, Names Ken Lefoldt as...
September 21, 2018 – The Court hearing the COPSync case has confirmed [Docket No. 335] the Debtors’ Third Amended Plan of Liquidation (Immaterially modified from the version of September 13, 2018)...
View ArticleiHeartMedia – Seeks Court Approval for Acquisition of Stuff Media for $55...
September 24, 2018 – iHeartMedia filed a motion requesting (i) Court authority for its acquisition of Stuff Media LLC pursuant to a Membership Interest Purchase Agreement, dated August 29, 2018,...
View ArticleGibson Brands – Files Plan Supplement, Key Exhibits Provide Detail as to Exit...
September 24, 2018 – Gibson Brands filed a Plan Supplement [Docket No. 812] to its Fourth Amended Joint Plan of Reorganization [Docket No. 566] which contains the following documents: (i) Exhibit A:...
View ArticleThe Relay Company (f/k/a The Rockport Company) – Files Combined Liquidating...
September 21, 2018 – The Relay Company (f/k/a The Rockport Company) filed a Combined Plan and Disclosure Statement [Docket No. 505]. The Court documents explain, “This Combined Plan and Disclosure...
View ArticleThe Relay Company (f/k/a The Rockport Company) – Requests Extension of...
September 11, 2018 – The Relay Company (f/k/a 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...
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