Sears Holdings – Landlords Objects to Store Closing Sales, Citing Sears...
October 22, 2018 – Brixmor Property Group, C. E. Johns Company, Centennial Real Estate Co., S-Tract and The Macerich Company (together, “the Landlords”) filed an objection to Sears Holdings’ store...
View ArticleWelded Construction – Court Approves $10 million Interim DIP Financing from...
October 23, 2018 – The Court hearing the Welded Construction case issued an interim order approving the Debtors’ request for a debtor-in-possession (“DIP”) financing facility [Docket No. 44] from...
View ArticleJ & M Sales – Court Approves Stipulation with Hilco Merchant Resources
October 23, 2018 – The Court hearing the J & M Sales case approved a stipulation [Docket No. 691] regarding amounts owed by the Debtors to Hilco Merchant Resources (“HMR”) under bid protection...
View ArticleFirestar Diamond – Modi Associate Mihir Bhansali Asserts Fifth Amendment Act...
October 23, 2018 – Non-Party Mihir Bhansali, a former CEO of Firestar International and described as Nirav Modi’s “right hand man,” filed a memorandum of law [Docket No. 544] in opposition to Punjab...
View ArticleWeinstein Company Holdings – Court Allows Harvey Weinstein Limited Discovery
October 23, 2018 – The Court hearing the Weinstein Company Holdings case approved in part and denied in part Harvey Weinstein’s motion to compel discovery from the Debtors pursuant to information and...
View ArticleCommonwealth of Puerto Rico – Seeks Court Authority to Settle COFINA Dispute
October 19, 2018 – The Commonwealth of Puerto Rico requested Court authority to settle a dispute with the Puerto Rico Sales Tax Financing Corporation [Docket No.4067]. The motion explains, “The...
View ArticleRelativity Media – Files Joint Liquidating Plan with Unsecured Creditors
October 22, 2018 – Relativity Media and its Official Committee of Unsecured Creditors filed a Joint Liquidating Plan [Docket No.563]. The Plan notes, “The Plan’s objective is to transfer all Retained...
View ArticleOrianna Health Systems – Creditor OHI Asset RO Objects to Fees of Pepper...
October 24, 2018 – Orianna Health Systems’ creditor OHI Asset RO (the “Omega Entities”) filed an objection to compensation for services rendered and for reimbursement of expenses (the “August Monthly...
View ArticleGibson Brands – On Verge of Emergence from Bankruptcy, Gibson Names New...
October 23, 2018 – Gibson Brands, Inc. (“Gibson” or the “Company”) announced the appointment of James “JC” Curleigh as president and chief executive officer. Curleigh joins Gibson from Levi Strauss...
View ArticleRMH Franchise Holdings – Objects to Proofs of Claim Filed by Applebee’s,...
October 25, 2018 – RMH Franchise Holdings filed an objection [Docket No. 684] to proof of claim numbers 474, 477, and 486 filed by Dine Brands Global, Applebee’s Restaurants and Applebee’s Franchisor...
View ArticlePoint.360 – Medley Creditors Slam Disclosure Statement, Citing False and...
October 25, 2018 – Point.360 creditors Medley Capital Corporation and Medley Opportunity Fund II (together, “Medley”) filed an objection [Docket No. 378] to the Debtors’ Amended Disclosure Statement...
View ArticleGenOn Energy – Files Third Amended Plan Supplement, Attaching Key Exit...
October 25, 2018 – GenOn Energy filed with the Court a Third Amended Plan Supplement for its Joint Prepackaged Plan of Reorganization of Debtor affiliate NRG REMA [Docket No. 1921]. The supplement...
View ArticleEXCO Resources – Creditor Enterprise Asks Court to Abstain From Deciding...
October 5, 2018 – Enterprise Products Operating LLC (“EPO”) and Acadian Gas Pipeline System (“Acadian,” and together with EPO, “Enterprise”) filed a motion requesting that the bankruptcy Court abstain...
View ArticleWelded Construction – Seeks Enforcement of Stay Against Sunoco, Noting...
October 24, 2018 – Welded Construction filed a complaint against Sunoco Marketing Partners & Terminals and Sunoco Pipeline (together, Sunoco”) and requested that the Court stay Sunoco’s termination...
View ArticleWestmoreland Coal – Plan and Disclosure Statement Filed
October 25, 2018 – Westmoreland Coal filed a Plan of Reorganization [Docket No. 294] and related Disclosure Statement [Docket No. 293]. The Disclosure Statement notes, “The Plan proposes to fund...
View ArticleAmerican Tire Distributors – Amended Disclosure Statement Attaches...
October 19, 2018 – American Tire Distributors filed an amended Disclosure Statement in respect of its Joint Plan of Reorganization [Docket No. 191] and a blacklined version of that Disclosure Statement...
View ArticleAralez Pharmaceuticals US – AstraZeneca Objects to Toprol-Xl and Vimovo Sale...
October 25, 2018 – AstraZeneca AB filed an objection [Docket No. 207] to (I) the assumption, assignment, and cure amount of contracts to be assumed and assigned in the Toprol-Xl sale, (ii) to the...
View ArticleiHeartMedia – Seeks Appointment of Fee Examiner
October 19, 2018 – iHeartMedia requested a Court order directing the appointment of a fee examiner (“Fee Examiner”) [Docket No. 1638] and establishing procedures for consideration of requested fee...
View ArticleWelded Construction – Files Chapter 11 Petition, Cites Payment Dispute with...
October 22, 2018 – Privately held Welded Construction and 1 affiliated Debtor (“Welded Construction” or the “Company”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of...
View ArticleTops Holding II – Indenture Trustee Objects to Plan, Cites Failure to...
October 26, 2018 – U.S. Bank National Association, the indenture trustee (the “Trustee”) in respect of the Debtors’ 8.750%/9.500% Senior Notes due 2018 (the “HoldCo Notes”) and the 9.000% Senior...
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