FULLBEAUTY Brands Holdings Corp. – Court Confirms Pre-Packaged Chapter 11 as...
February 4, 2019 – The Court hearing the FULLBEAUTY Brands case confirmed the Debtors’ First Amended Joint Prepackaged Plan [Docket No. 11] less than 24 hours after it was filed, brushing aside...
View ArticleMission Coal Company – Files First Amended Plan and Disclosure Statement, DIP...
February 5, 2019 – The Debtors filed a First Amended Joint Plan of and a related Disclosure Statement [Docket Nos. 681 and 682] and also filed redlines of the two documents showing changes from...
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Avadel Specialty Pharmaceuticals, LLC– U.S. Subsidiary of Ireland’s Avadel...
February 6, 2019 – Avadel Specialty Pharmaceuticals (“ASP” or the “Company” ) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 19-10248. The...
View ArticleNighthawk Energy – Notifies Court of February 6, 2019 Effectiveness Date for...
February 6, 2019 – The Debtors notified the Court hearing the Nighthawk Energy case that their First Amended Chapter 11 Plan of Liquidation became effective as of February 6, 2019 [Docket No. 281]....
View ArticleLockwood International – Court Confirms Compromise Joint Chapter 11 Plan
February 6, 2019 – The Court hearing the Lockwood International case issued a final order [Docket No. 882] approving the adequacy of the Debtors’ Disclosure Statement [Docket No. 825] and confirming...
View ArticleThings Remembered, Inc. – Files Chapter 11, Announces $17.5mn Stalking Horse...
February 6, 2019 – Things Remembered and three affiliated Debtors (the “Company”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 19-10234....
View ArticleAdvanced Sports – Court Approves Auction Results and Asset Purchase...
February 6, 2019 – The Court hearing the Advanced Sports case issued an order [Docket No. 505] approving the Debtors’ sale of assets pursuant to three separate asset purchase agreements, (i) the Asset...
View ArticleOak Point Partners, LLC acquires remnant assets of the Devon Health Services,...
October 31, 2018 – Oak Point Partners acquired the remnant assets of the Devon Health Services, Inc. Bankruptcy Estate (Devon Health Svcs) in October 2018. On November 22, 2013, Devon Health Svcs filed...
View ArticleElements Behavioral Health – Seeks Additional $1.1mn in DIP Financing,...
February 7, 2019 – The Debtors requested Court approval for supplemental debtor-in-possession (“DIP”) financing and continued access to cash collateral [Docket No. 754]. The Debtors explain that the...
View ArticleNine West Holdings – Seeks Approval for $512.5mn in Exit Financing from...
February 7, 2019 – The Debtors requested Court authority to (i) enter into a commitment letter for a $325mn term loan facility (the “Term Loan Commitment Letter”) with Goldman Sachs Bank USA (“Goldman...
View ArticleSears Holdings – Judge Drain Approves $5.2bn ESL Sale, Rigor of Independent...
February 7, 2019 – On Thursday, following three intensive days of firmly kicking the tires on ESL Investments, Inc.’s (“ESL”) $5.2bn purchase of the Debtors’ “going concern” assets, Judge Robert Drain...
View ArticleSam Kane Beef Processors – Happy Trails? Texas Beef Legend Files Notice of...
February 8, 2019 – The Debtors (or “SKB”) filed a notice of winning bidder announcing JDH Capital Company (“JDH”) as the successful bidder in an auction held on February 6, 2019. Rabo AgriFinance, LLC...
View ArticleMission Coal Company – Files Third Amended Disclosure Statement Which is...
February 8, 2019 – The Debtors filed a Third Amended Disclosure Statement [Docket No. 758] which attaches a redline showing changes from version filed on February 7, 2019. [Docket Nos. 731]. The...
View ArticleDitech Holding Corporation – Files Chapter 11 (Again), Announces...
February 11, 2019 – Ditech Holding Corporation (“Ditech” or the “Company,” f/k/a Walter Investment Management Corp) and 13 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy...
View ArticleSears Holdings – Diehard Creditors Committee Objects to Four Month...
February 11, 2019 – The Debtors’ Official Committee of Unsecured Creditors (the “Creditors Committee”) objected [Docket No. 2544] the Debtors’ motion to extend their Plan exclusivity period [Docket No....
View ArticleFirstEnergy Solutions – Files Joint Chapter 11 Plan of Reorganization and...
February 11, 2019 – The Debtors filed a Joint Plan of Reorganization and a related Disclosure Statement [Docket Nos. 2119 and 2120], together with a motion to requesting approval of the Disclosure...
View ArticleElements Behavioral Health – Court Confirms Combined Liquidating Plan and...
February 12, 2019 – Further to a hearing held at noon on February 12, 2019, the Court hearing the Elements Behavioral Health case confirmed the Debtors’ Combined Plan and Disclosure Statement. The...
View ArticleSQLC Senior Living Center at Corpus Christi, Inc. – Court Approves APA for...
February 12, 2019 – The Court hearing the SQLC Senior Living Center at Corpus Christi (d/b/a Mirador) case authorized (i) the asset purchase agreement dated February 8, 2019 (the ‘Stalking Horse APA’...
View ArticleOak Point Partners, LLC acquires remnant assets of the Creditor Trust of...
October 31, 2018 – Oak Point Partners acquired the remnant assets of the Creditor Trust of Schwab Industries, Inc. n/k/a SII Liquidation Company, et al. Bankruptcy Estates (SII Liquidation) in October...
View ArticleImerys Talc America, Inc.– Files Chapter 11 as Strategic Counter to...
February 13, 2019 – Imerys Talc America, Inc. and two affiliated Debtors (“Imerys” or the “Company”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead...
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