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American Tire Distributors – Court Issues Final DIP Financing Order

October 26, 2018 – The Court hearing the American Tire Distributors case issued a final order authorizing the Debtors to (i) obtain debtor-in-possession (“DIP”) financing and (ii) utilize cash...

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Open Road Films – Court Approves Bid Procedures and Form of APA

October 26, 2018 – The Court hearing the Open Road Films case approved (a) bid and sale procedures relating to the sale of the Debtors’ assets (including stalking horse protections and a proposed...

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Gibson Brands – Files Fifth Amended Plan Supplement, Includes Key Management...

October 26, 2018 – Gibson Brands filed with the Court a Fifth Amended Plan Supplement to its Joint Plan of Reorganization [Docket No. 931]. The supplement contains the following documents: Exhibit A –...

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Sears Holdings – Shipper Yang Ming Objects to DIP Financing, Intends to...

October 26, 2018 – Yang Ming (America) & Yang Ming Marine Transport (together, “Yang Ming”) filed an objection [Docket No. 329] to the Debtors’ DIP Financing [Docket No. 7]. The objection asserts,...

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Sears Holdings – Gets Interim Approval for Store Liquidation Sales Expected...

October 26, 2018 – The Court hearing the Sears Holdings’ case approved on an interim basis the Debtors’ motion seeking approval of (i) procedures for store closing sales and (ii) the assumption of a...

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Oak Point Partners acquires remnant assets of the Factory 2-U Stores, Inc....

May 13, 2015 – Oak Point Partners acquired the remnant assets of the Factory 2-U Stores, Inc. Bankruptcy Estate in May 2015. On July 13, 2004, Factory 2-U Stores, Inc. and its related entities...

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RMH Franchise Holdings – Files Plan Supplement, Includes Valuation Summary...

October 29, 2018 – RMH Franchise Holdings filed a Plan Supplement to its First Amended Joint Chapter 11 Plan of Reorganisation [Docket No. 690]. The supplement contains the following documents: Exhibit...

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Mattress Firm – Receives Final Approval for DIP Financing of $250 million,...

October 29, 2018 – The Court hearing the Mattress Firm case approved on a final basis the Debtors’ debtor-in-possession (“DIP”) financing [Docket No. 436] in respect of which Barclays Bank PLC is to...

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Mattress Firm – Court Approves Exit Commitment Letter, Treatment of...

October 29, 2018 – The Court hearing the Mattress Firm case authorized the Debtors (i) to agree and execute an exit commitment letter (the “Exit Commitment Letter”), (ii) to agree to a commitment fee...

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Zohar III – Patriach Objects to Debtors’ Cash Collateral Motion, Which...

October 30, 2018 – Patriarch Partners XV, Octaluna, Octaluna II, and Octaluna III (collectively, the “Patriarch Secured Parties”) Patriarch Partners, Patriarch Partners VIII, and Patriarch Partners...

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RMH Franchise Holdings – Applebee’s Objects to “Complete Travesty” of Plan,...

October 29, 2018 – Dine Brands Global, Inc. and its subsidiaries, Applebee’s Restaurants LLC and Applebee’s Franchisor LLC (collectively, “Applebee’s”) filed an objection [Docket No. 693] to RMH...

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Nine West Holdings – Files Revised Disclosure Statement, Includes Extensive...

October 29, 2018 – Nine West Holdings filed a Revised Disclosure Statement [Docket No. 783] for its First Amended Joint Plan of Reorganization. The filing includes a blackline noting cumulative changes...

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Egalet Corporation – Files Chapter Chapter 11, Announces Asset Purchase...

October 31, 2018 – Egalet Corporation and two affiliated Debtors (together, “Egalet” or the “Company”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead...

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Brookstone – September M.O.R. Reports Net Loss of $14.6 million on $19.4...

October 31, 2018 – Brookstone filed with the U.S. Bankruptcy Court a monthly operating report for September 2018 [Docket No. 673]. For the month, the Debtor reported a net loss from operations of $13.9...

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EXCO Resources – BHP and Azure File Separate Objections to Disclosure Statement

October 30, 2018 – BHP Billiton Petroleum (KCS Resources) and several affiliated companies (collectively, “BHP”) filed an objection [Docket No. 1180] to EXCO Resources’ Disclosure Statement [Docket No....

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Gastar Exploration – Files Pre-Packaged Chapter 11, Ares to Hold 100% of...

October 31, 2018 – Gastar Exploration (OTCQB: GSTC) and one affiliated Debtor (together, the “Company” or “Gastar”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern...

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Egalet Corporation – Files Plan and Disclosure Statement, Exhibits Include...

October 31, 2018 – Egalet Corporation filed a Chapter 11 Plan of Reorganization [Docket No. 16] and related Disclosure Statement [Docket No. 17]. The Disclosure Statement notes, “The Plan and this...

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GenOn Energy – Approves NRG REMA Disclosure Statement and Confirms...

November 1, 2018 – The Court hearing the GenOn Energy case approved the Disclosure Statement of Debtor affiliate NRG REMA and confirmed NRG REMA’s Joint Prepackaged Chapter 11 Plan of Reorganization...

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Sears Holdings – Seeks Approval for Off-the-Shelf Bidding Procedures, Sets...

November 1, 2018 – Sears Holdings requested Court approval of global bidding and sale procedures [Docket No. 429]. The Court document explains, “By this Motion, the Debtors seek approval of global...

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Orion Healthcorp – Parmar Entities Seek Appointment of a Trustee or Examiner,...

November 1, 2018 – Parmjit Singh Parmar and entities he controls (collectively, the “Parmar Entities”) requested that the Court hearing the Orion Healthcorp case appoint a trustee or an examiner...

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