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Westmoreland Coal Company – Union Objects to Debtors’ Valued Employee...

December 17, 2018 – The International Union of Operating Engineers, Local 953, AFL-CIO (“IUOE”) objected to the Debtors’ “Valued Employee Program [Docket No. 811] on the grounds that excluding the...

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David’s Bridal – Receives Interim Approval of DIP Financing, Including $125...

November 20, 2018 – The Court hearing the David’s Bridal case issued an interim order approving the Debtor’s proposed debtor-in-possession (“DIP”) financing [Docket No. 102] to be provided through Bank...

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David’s Bridal – Court Issues Final Order Approving $185mn in DIP Financing,...

December 18, 2018 – David’s Bridal has received Court authority for (i) a pair of  debtor-in-possession (“DIP”) credit facilities (ii) its continued use of cash collateral [Docket No. 221].  As...

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Sears Holdings – Wilmington Trust Objects to Cyrus Capital’s Junior DIP Loan,...

December 13, 2018 – Wilmington Trust, National Association (“Wilmington”), the Trustee in respect of the Debtors’ 6 5/8% Senior Secured Notes due 2018, objected to the Debtors’ motion requesting...

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Oak Point Partners, LLC acquires remnant assets of the Arter & Hadden, LLP...

October 24, 2017  – Oak Point Partners acquired the remnant assets of the Arter & Hadden, LLP Bankruptcy Estate (Arter & Hadden) in October 2017. On October 6, 2003, an involuntary petition was...

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Oak Point Partners, LLC acquires remnant assets of the Lehr Construction...

July 18, 2018 – Oak Point Partners acquired the remnant assets of the Lehr Construction Corp. Bankruptcy Estate (Lehr Construction) in July 2018. On February 21, 2011, Lehr Construction filed a...

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American Tire Distributors – Court Confirms Plan, Debtors Look to Emerge...

December 19, 2018 – The Court hearing the American Tire Distributors case confirmed [Docket No. 620] the Debtors’ Amended Joint Chapter 11 Plan of Reorganization (as Modified) [Docket No. 615]. The...

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The Relay Company (f/k/a The Rockport Company) – Court Approves Adequacy of...

December 19, 2018 – The Court hearing The Relay Company (f/k/a The Rockport Company) case (i) approved the adequacy of the Debtors’ Combined Disclosure Statement and Chapter 11 Plan of Liquidation; and...

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The Relay Company (f/k/a The Rockport Company) – Files Amended Combined Plan...

December 17, 2018 – The Relay Company (f/k/a The Rockport Company) filed a Combined Plan and Disclosure Statement [Docket No. 649] and a blackline of the amended Combined Plan and Disclosure Statement...

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Glansaol – Files Chapter 11, Plans Going Concern Sale to AS Beauty

December 19, 2018 – Glansaol and seven affiliated Debtors filed for Chapter 11 protection [Docket No. 1] with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 18-14103....

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Frank Theatres Bayonne/South Cove, LLC – Files Chapter 11, Details Slide into...

December 20, 2018 – Frank Theatres Bayonne/South Cove, LLC and 23 affiliated Debtors (Frank Theatres” or the “Company”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of...

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Sears Holdings Corporation – Agent for Senior Lending Facility Objects to...

December 20, 2018 – SL Agent objected [Docket No. 1357] to the Debtors’ motion for the sale of property [Docket No. 938]. SL Agent is the agent for the Debtors’ Third Amended and Restated Loan...

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Synergy Pharmaceuticals – Court Approves $8mn in New Money Interim DIP Financing

December 24, 2018 – The Court hearing the Synergy Pharmaceuticals case issued a second interim order  [Docket No. 113] authorizing the Debtors to access (i) interim debtor-in-possession (“DIP”)...

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Toys “R” Us – Files Chapter 11 Plan and Disclosure Statement of Wayne Real...

December 24, 2018 – Toys “R” Us filed a Chapter 11 Plan [Docket No. 6053] and a related Disclosure Statement [Docket No. 6054] of Wayne Real Estate Parent Company (Toys “R” Us, the “Debtors,” and Wayne...

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Mission Coal Company – Court Approves Bidding Procedure, DIP Lenders’ Credit...

December 21, 2018 – The Court hearing the Mission Coal Company case issued an order [Docket No. 490] approving (i) bidding procedures in respect of the sale of the Debtors’ assets and (ii) the proposed...

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Sears Holdings – Court Approves $60 million Sale of Home Improvement Business...

December 26, 2018 – Further to a sale hearing held on December 18, 2018, The Court hearing the Sears Holdings case approved the $60 million sale of the Debtors’ Home Improvement Business to stalking...

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Promise Healthcare Group – Seeks Approval for Bidding Procedures and Stalking...

December 26, 2018 – Promise Healthcare Group requested Court approval of (i) bidding procedures in respect of the sale of the certain assets (the “Select Assets”) to Select Medical Corporation, (b)...

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Toys “R” Us – U.S. Trustee Objects to the Adequacy of Wayne Disclosure...

December 26, 2018 – The U.S. Trustee objected [Docket No. 6058] to the Debtors’ motion for Court approval of the adequacy of the Wayne Real Estate Parent Company, LLC (“Wayne”) Disclosure Statement...

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Waypoint Leasing Holdings – Court Approves Bidding Procedures for $650mn Sale...

December 21, 2018 – The Court hearing the Waypoint Leasing Holdings case issued an order [Docket No. 159] approving the Debtors’ proposed bidding procedures and bid protections (including a $19.5mn...

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Sears Holdings – News Report Indicate that Edward Lampert’s ESL Has Tabled...

December 28, 2018 – Edward Lampert’s ESL, Investment, Inc. (“ESL”) reportedly submitted an offer for a substantial portion of the Debtors’ assets just moments in advance of an impending Court deadline....

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