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Verity Health System of California – UMB Bank and Wells Fargo Bank Obect to...

October 3, 2018 – Verity Health System of California’s creditors UMB Bank, as master indenture trustee, and Wells Fargo Bank, as indenture trustee, filed with the Court an objection [Docket No. 398] to...

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American Tire Distributors – Files Chapter 11, Bondholders to Get 95% of...

October 4, 2018 – American Tire Distributors, Inc. and eight affiliated Debtors (collectively, the “Company” or “ATD”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of...

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RMH Franchise Holdings – U.S. Trustee Objects to Disclosure Statement, Citing...

October 4, 2018 – The U.S Trustee in the RMH Franchise Holdings case filed an objection to the Debtors’ Disclosure Statement [Docket No. 603]. The Trustee asserts, “The U.S. Trustee objects to the...

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Orianna Health Systems – Court Approves $227 million Sale of Restructuring...

October 4, 2018 – The Court hearing the Orianna Health Systems’ case approved the sale of the Debtors’ “Restructuring Portfolio” pursuant to the terms of the Asset Purchase Agreement, dated August 13,...

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American Tire Distributors – Seeks Approval to Obtain DIP Postpetition...

October 4, 2018 – American Tire Distributors requested Court authority to (i) obtain debtor-in-possession (“DIP”) post-petition secured financing and (ii) utilize cash collateral [Docket No. 15]. Bank...

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Toys “R” Us – Cancels IP Auction, Stakeholders Plan Relaunch of Toys “R” Us...

October 1, 2018 – Toys “R” Us notfied the Court of its intention to cancel its scheduled intellectual property auction and its plans for a Toys “R” Us and Babies “R” Us branding company [Docket No....

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Mattress Firm, Inc. – Files Chapter 11 Petition, Prepackaged Plan

October 5, 2018 – Mattress Firm and 40 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 18-12241. Mattress Firm, which is...

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Brookstone – Court Approves Sale of Assets to Bluestar Subsidiary and Apex...

October 5, 2018 – The U.S. Bankruptcy Court hearing the Brookstone case has approved (i) the Debtors’ sale motion of August 8, 2018, (ii) the Debtors’ asset purchase agreement with BKST Brand Holdings...

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Commonwealth of Puerto Rico – Bondholders Urge Appointment of Receiver, Argue...

October 4, 2018 – National Public Finance Guarantee Corporation, Assured Guaranty Corp., Assured Guaranty Municipal Corp., and Syncora Guarantee Inc. (collectively, the “Movants”), who are holders...

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Toys “R” Us – PlayFusion Objects to Toys Delaware and Geoffrey Plans, Insists...

October 5, 2018 – PlayFusion Limited (“PlayFusion”) filed an objection [Docket No. 5149] to confirmation of the Second Amended Chapter 11 Plans of the Toys Delaware Debtors and Geoffrey Debtors [Docket...

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Toys “R” Us – Toys Labuan Objects to Toys Delaware Debtors and Geoffrey...

October 5, 2018 – Toys (Labuan) Holding Limited (hereinafter, “Toys Labuan” or the “Asia JV”) objected [Docket No. 5152] to confirmation of the Second Amended Chapter 11 Plans of the Toys Delaware and...

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Mattress Firm – Seeks Approval for DIP Financing of $250 million, Consisting...

October 5, 2018 – Mattress Firm requested Court approval for postpetition, debtor-in-possession (“DIP”) financing [Docket No. 16] in respect of which Barclays Bank PLC is to serve as administrative...

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American Tire Distributors – Gets Interim Approval For DIP Financing

October 5, 2018 – The Court hearing the American Tire Distributors’ case issued an order authorizing the Debtors to (i) obtain interim debtor-in-possession (“DIP”) postpetition financing and (ii)...

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American Tire Distributors – Files Settlement with Holders of a majority of...

October 5, 2018 – American Tire Distributors (“ATD”) notified the Court that it had reached a settlement with holders of a majority of its term loans whereby those holders have agreed to support the...

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Oak Point Partners, Inc. acquires remnant assets of the marchFIRST, Inc....

October 31, 2016 – Oak Point Partners, Inc. acquired the remnant assets of the marchFIRST, Inc. bankruptcy estate in October 2016. On April 11, 2001,  MarchFIRST, Inc. filed a voluntary petition for...

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Gibson Brands – DHS, CBP and IRS Object to Plan, Citing Failure to Pay Tax...

September 28, 2018 – The U.S. Department of Homeland Security (“DHS”), the U.S. Customs and Border Protection (“CBP”) and the U.S. Internal Revenue Service (“IRS”), filed an objection [Docket No. 835]...

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Mattress Firm – Seeks Approval for Exit Commitment Letter, Treatment of...

October 5, 2018 – Mattress Firm requested Court authority (i) to agree and execute an exit commitment letter (the “Exit Commitment Letter”), (ii) to agree to a commitment fee (the “Commitment Fee”)...

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Westmoreland Coal Company – Files Chapter 11, Announces Restructuring Support...

October 9, 2018 – Westmoreland Coal Company (“Westmoreland”) and 36 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case number...

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RMH Franchise Holdings – Files Plan Amendment, Plan Sponsor ACON Commits to...

October 9, 2018 – RMH Franchise Holdings filed a First Amended Joint Plan of Reorganization [Docket No. 618] and related Disclosure Statement [Docket No. 620]. The Disclosure Statement notes,” The Plan...

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Toys “R” Us – Seeks Auction of Shared Services Business, Term B Lenders to...

October 9, 2018 – Toys “R” Us requested Court authority for bidding procedures in respect of the sale of its shared services business (the “Shared Services Business”) [Docket No. 5199]. Central to the...

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