Things Remembered – Court Approves Disclosure Statement on Interim Basis,...
May 7, 2019 – The Court hearing the Things Remembered (now RMBR Liquidation, Inc.) cases issued an order (ii) approving the Debtors’ Disclosure Statement on an interim basis, (ii) authorizing the...
View ArticleSure Winner Foods – Maine Frozen Food Distributor Files Chapter 11 As...
May 7, 2019 − Sure Winner Foods (“SWF” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Maine, lead case number 19-20226. The Company, a leading...
View ArticleTriangle Petroleum Corporation – Files Prepackaged Chapter 11, Emerged...
May 8, 2019 – Privately-held Triangle Petroleum Corporation and 3 affiliated DebtorsFN1 (“TPC” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of...
View ArticleSpecialty Retail Shops Holding Corp – Court Approves $2.2mn Sale of...
May 9, 2019 – The Court hearing the Specialty Retail Shops Holding Corp (Shopko) case issued an order approving the sale of the Debtors' Visa/Mastercard class action claim to Halcyon Loan Trading Fund...
View ArticleBristow Group Inc. – Aviation Services Leader Succumbs to Energy Sector...
May 11, 2019 − Bristow Group Inc.. (NYSE: BRS) and seven affiliated Debtors (together, “Bristow,” “BGI” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Sothern...
View ArticleCloud Peak Energy Inc. – One of Nation’s Largest Coal Producer Files Chapter...
May 10, 2019 − Cloud Peak Energy and 27 affiliated Debtors (OTC:CLDP, "Cloud Peak" or the "Debtors") filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead...
View ArticlePHI, Inc. – Court Appoints Mediator For Plan Talks Between Debtors, Creditors...
May 13, 2019 – The Court hearing the PHI cases issued an order (i) approving the appointment of Judge Robert L. Jones as mediator and (ii) scheduling mediation amongst the Debtors, the Debtors'...
View ArticleEdgeMarc Energy Holdings LLC – Pennsylvania Gas Operator Files Chapter 11,...
May 15, 2019 − Privately-held EdgeMarc Energy Holdings LLC and 7 affiliated Debtors (“EdgeMarc” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of...
View ArticleWaypoint Leasing Holdings – Adjourns Disclosure Statement Hearing as Suntrust...
May 15, 2019 – The Debtors notified the Court that the hearing scheduled to approve the Debtors' Disclosure Statement had been adjourned from May 16, 2019 until May 30, 2019 [Docket No. 775]. The last...
View ArticleHexion Holdings – Court Approves Restructuring Support Agreement Which Will...
May 15, 2019 – The Court hearing the Hexion Holdings cases issued an order [Docket No. 366] authorizing the Debtors to assume the April 1, 2019 Restructuring Support Agreement (the “RSA”) amongst the...
View ArticleSears Holdings Corporation – Files Amended Chapter 11 Plan and Disclosure...
May 16, 2019 – The Debtors filed an amended Plan and a related Disclosure Statement [Docket Nos. 3894 and 3895]; and separately filed redlines of each document showing changes from versions filed on...
View ArticleAlvarez and Marsal Managing Director Julie Hertzberg is Named New President...
May 16, 2019 – Julie Hertzberg, a Managing Director with Alvarez & Marsal’s (“A&M”) Restructuring & Turnaround practice and head of A&M’s Case Management Services division, has been...
View ArticleHilltop Energy, LLC – Texas-Based Driller Files Prepackaged Chapter 11 for...
May 16, 2019 − Hilltop Energy LLC and one affiliated Debtor (“Hilltop Energy” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case...
View ArticleJones Energy – Emerges from Bankruptcy in 33 Days Having Equitized $1.0bn of...
May 17, 2019 – The Debtors notified [Docket No. 216] the Court hearing the Decor Holdings cases that their Joint Chapter 11 Plan of Reorganization had become effective as of May 17, 2019. The Court had...
View ArticleOrchids Paper Products Company – Court Approves Bidding Procedures with...
May 20, 2019 – The Court hearing the Orchids Paper Products Company case issued an order (i) approving amended bidding procedures for the Debtors' sale of assets, including the removal of proposed...
View ArticleAegerion Pharmaceuticals, Inc. – Rare-Disease Specialist Succumbs to Multiple...
May 20, 2019 − Aegerion Pharmaceuticals, Inc and one affiliated Debtor ("Aegerion" or the "Debtors") filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York,...
View ArticleWestmoreland Coal Company – Seeks Approval of $300.0mn Credit Bid Sale of...
May 23, 2019 – The Debtors requested Court authority to (i) enter into an asset purchase agreement (the "Credit Bid APA") with Kemmerer Operators, LLC (the "Credit Bid Purchaser") further to which the...
View ArticleOak Point Partners, LLC acquires remnant assets of the BearingPoint, Inc....
December 5, 2018 – Oak Point Partners acquired the remnant assets of the BearingPoint, Inc. Liquidating Trust (BearingPoint) in December 2018. On February 18, 2009, BearingPoint and its debtor...
View ArticleSpecialty Retail Shops Holding Corp – McKesson Howls Objection to Plan...
May 24, 2019 – Creditor McKesson Corporation (“McKesson”) objected [Docket No. 1431] to the Debtors' Second Amended Joint Chapter 11 Plan; objecting vigorously to perceived attempts to slide the Plan...
View ArticleOak Point Partners, LLC acquires remnant assets of the Small Loans, Inc., et...
November 20, 2018 – Oak Point Partners acquired the remnant assets of the Small Loans, Inc., et al., Bankruptcy Estates in November 2018. On December 16, 2011, Small Loans and its affiliates each filed...
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