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Orchids Paper Products Company – U.S. Trustee for Region 3 Continues Activist...

April 24, 2019 – The U.S. Trustee for Region 3 objected to the Debtors' bidding procedures motion, arguing that the proposed break-up and expense reimbursement fees "are not truly bid protections, but...

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Trident Holding Company – Unsecured Creditors Object to “Placeholder”...

April 24, 2019 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) objected [Docket No. 331] to the Debtors’ Disclosure Statement, arguing that it is woefully inadequate as to...

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Total Finance Investment – Files Amended Plan and Disclosure Statement, Court...

April 25, 2019 – The Debtors filed a Revised First Amended Plan and a related Disclosure Statement [Docket Nos. 348 and 349], each of which include redlines showing changes from versions of the...

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PHI, Inc. – Objects to Creditors Committee’s Request to Adjourn Disclosure...

April 25, 2019 – The Debtors objected [Docket No. 337] to a motion filed by the their Official Committee of Unsecured Creditors' (the "Committee," joined in objecting by Delaware Trust Company as...

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Specialty Retail Shops Holding Corp – Creditors Feel the Administrative Burn...

April 25, 2019 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) filed a motion to requesting conversion of the Debtors'  Chapter 11 cases to cases under Chapter 7 [Docket No....

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Synergy Pharmaceuticals – Court Confirms Modified Fourth Amended Plan as...

April 25, 2019 – The Court hearing the Synergy Pharmaceuticals case issued an order confirming [Docket No. 713] the Debtors' modified Fourth Amended Plan [Docket No. 712]. On December 12, 2018, Synergy...

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Oak Point Partners, LLC acquires remnant assets of Vitamin World, Inc.

August 7, 2018 – Oak Point Partners acquired the remnant assets of Vitamin World, Inc. and its related entities (Vitamin World) in August 2018. On September 11, 2017, Vitamin World and its affiliates...

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Sizmek, Inc. – Court Approves Private Sale to Zeta Global Holdings for...

April 29, 2019 – The Court hearing the Sizmek case issued an order (i) authorizing the Debtors' private sale of the their Demand-Side Platform (“DSP”) and Data Management Platform (”DMP”) assets to...

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PG&E Corporation – Court Approves $350.0mn (Maximum) Short-Term Incentive...

April 29, 2019 – The Court hearing the PG&E Corporation case issued an order approving the Debtors’ Short-Term Incentive Plan as modified by the Debtors further to a Court hearing held on April 23,...

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Trident Holding Company – Files Amended Plan and Disclosure Statement, First...

April 29, 2019 – The Debtors filed an Amended Plan and a related Disclosure Statement [Docket Nos. 246 and 347]; each of which included redlines showing changes from versions of those documents filed...

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Vanguard Natural Resources – Court Authorizes Access to $130mn in DIP...

April 30, 2019 – The Court hearing the Vanguard Natural Resources cases issued an order authorizing the Debtors to (i) access $130.0mn in debtor-in-possession (“DIP”) financing on a final basis,...

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EXCO Resources – Oaktree Slams Disclosure Statement, Citing “Non-Existent”...

April 30, 2019 – Oaktree Capital Management, L.P., on behalf of itself and certain of its managed funds and accounts (collectively, “Oaktree”), objected [Docket No. 1883] to the Debtors, Disclosure...

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Kona Grill, Inc. – Unhappy Hour as Themed Restaurant Chain Files Chapter 11,...

May 1, 2019 − Kona Grill, Inc. and eight affiliated Debtors (“Kona Grill” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number...

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Aralez Pharmaceuticals – Creditors Committee Objects to Sale of Assets to...

May 2, 2019 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) objected [Docket No. 665] to the Debtors' proposed sales of its Toprol-XL assets and its Vimovo assets to...

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Sungard Availability Services Capital, Inc. – Seeks $100mn in DIP Financing,...

May 1, 2019 – The Debtors requested Court authority to (i) access $100mn in debtor-in-possession (“DIP”) financing, $50mn on an interim basis, and (ii) use of cash collateral [Docket No. 5]. The motion...

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Sungard Availability Services Capital, Inc. – Move Over Fullbeauty, Plan...

May 2, 2019 – Just after 9pm on May 1st (21:04:47 to be exact), the Court hearing the Sungard Availability Services Capital cases acknowledged receipt of the lead Debtor's lead Chapter 11 Petition....

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Sungard Availability Services Capital – Notifies Court of May 3, 2019 Plan...

May 3, 2019 – The Debtors notified the Court hearing the Sungard Availability Services Capital cases that their prepackaged Chapter 11 Plan had become effective as from May 3, 2019 [Docket No. 50]. The...

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Jones Energy – Court Confirms Plan, Debtors Expect to Emerge May 17 Having...

May 6, 2019 – The Court hearing the Jones Energy case issued an order [Docket No. 180] approving the Debtors' Disclosure Statement and confirming their Joint Chapter 11 Plan of Reorganization [Docket...

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Hospital Acquistion LLC – Acute Care Hospital Operator Files Chapter 11,...

May 6, 2019 − Privately-held Hospital Acquisition LLC and 25 affiliated Debtors (trading as Lifecare Health Partners, "LifeCare" or the "Debtors") filed for Chapter 11 protection with the U.S....

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Astria Health – Lenders Object Vigorously to Proposed DIP Financing, Citing...

May 7, 2019 – UMB Bank, N.A., as indenture trustee in respect of the Debtors’ bonds issued in November 2017 ($36.7mn outstanding as at Petition date), and Lapis Advisers, LP, as agent under the...

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