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Weatherford International plc – Oilfield Services Giant to File Prepackaged...

June 28, 2019 − Weatherford International plc (NYSE: WFT) and two affiliated debtors (together, "Weatherford" or the "Debtors") disclosed in a June 28, 2019 SEC filing that they intend to file Chapter...

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Orchids Paper Products Company – Auction Goes 32 Rounds; Nets $32mn Over...

June 28, 2019 – The Debtors notified the Court hearing the Orchids Paper Products Company cases that (i) Cascades US Holding Inc. ("Cascades" or the “Purchaser”) had been designated as the successful...

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Monitronics International, Inc. – Files “Partial” Prepackaged Chapter 11,...

June 30, 2019 − Monitronics International, Inc. and eight affiliated Debtors (“Monitronics” or the “Debtors”), filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of...

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Blackjewel L.L.C. – Coal Operator Files Chapter 11 as Operational Challenges...

July 1, 2019 − Blackjewel L.L.C. and four affiliated Debtors ("Blackjewel" or the "Debtors") filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of West Virginia,...

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Weatherford International plc – As Expected, Oilfield Services Giant Files...

June 28, 2019 − Weatherford International plc (NYSE: WFT) and two affiliated debtors (together, "Weatherford" or the "Debtors") filed for Chapter 11 protection with the U.S. Bankruptcy Court in the...

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Fuse, LLC – Youth Broadcaster Emerges from Bankruptcy on July 1, 2019 Owned...

July 1, 2019 – The Debtors notified the Court that their Amended Prepackaged Joint Plan had become effective as of July 1, 2019 [Docket No. 284]. Previously, on June 18, 2019, the Court approved the...

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Hexion Holdings – Emerges from Bankruptcy Minus $2.0bn in Debt and Sponsor...

July 1, 2019 – The Debtors notified the Court that their Second Amended Chapter 11 Plan had become effective as of July 1, 2019 [Docket No. 987]. Previously, on June 24, 2019, the Court approved the...

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Weatherford International plc – Seeks $1.75bn in DIP Financing as Available...

July 1, 2019 – The Debtors requested Court authority to (i) access $1.0bn in debtor-in-possession (“DIP”) financing, consisting of (i) a first lien superpriority DIP Revolving Credit Facility with...

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Weatherly Oil & Gas – After Last Minute Scramble, Court Approves $36mn Sale...

July 2, 2019 – Further to its bidding procedures order [Docket No. 319] and a hearing held on July 2, 2019, the Court hearing the Weatherly Oil & Gas case has approved the sale of the Debtors’...

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Ditech Holding Corporation – Court Approves Stalking Horse Agreements and Bid...

July 3, 2019 – Further to the Court's bidding procedures order [Docket No. 456], the Debtors have now received Court approval in respect of a designated stalking horse bidder (including as to proposed...

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RUI Holding Corp. – Sun Capital Owned Restaurant Group Files Chapter 11,...

July 6, 2019 − RUI Holding Corp. (d/b/a Restaurants Unlimited) and three affiliated Debtors ("RUI" or the "Debtors") filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of...

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RUI Holding Corp. – Seeks Approval of Bidding Procedures for Sale of Business...

July 7, 2019 – The Debtors filed a motion requesting each of a bidding procedures order and a sale order [Docket No. 15]. The bidding procedures order would (i) approve proposed bidding procedures...

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Oak Point Partners, LLC acquires remnant assets of the Christ Hospital...

December 17, 2018 – Oak Point Partners acquired the remnant assets of the Christ Hospital Liquidating Trust and Christ Hospital Bankruptcy Estate in December 2018. On February 6, 2012, Christ Hospital...

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Stearns Holdings, LLC – Unable to Resolve Row with Noteholder PIMCO,...

July 8, 2019 − Stearns Holdings, LLC and six affiliated Debtors (together, "Stearns" or the "Debtors") filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New...

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Sears Holdings Corporation – Files Amended Plan and Related Disclosure...

July 9, 2019 – The Debtors filed a modified Second Amended Joint Plan and a related Disclosure Statement [Docket Nos. 4476 and 4478]; and separately filed blacklines of each of those documents showing...

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Maremont Corporation – Notifies Court of July 9th Plan Effectiveness Date as...

July 10, 2019 – The Debtors notified the Court that their Modified Joint Prepackaged Plan had become effective as of July 9, 2019 [Docket No. 296]. Previously, On May 17, 2019, the Court approved the...

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Stearns Holdings, LLC – Seeks Authority for $1.5bn Mortgage Warehouse...

July 9, 2019 – The Debtors requested Court authority to enter into a new $1.5bn, post-petition warehouse facility with Barclays Bank PLC as agent (the “DIP Repo Facility”) pursuant to a Master...

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Ditech Holding Corporation – Names Stalking Horses as Successful Bidders for...

July 10, 2019 – Further to the Court's bidding procedures order [Docket No. 456], the Debtors notified the Court that, absent any further qualified bids: (i) a pair of designated stalking horse bidders...

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Charming Charlie Holdings Inc. – In Groundhog Day Bankruptcy, Fashion...

July 11, 2019 − Charming Charlie Holdings Inc. and six affiliated Debtors (“Charming Charlie” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of...

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FTI Consulting Further Ramps Up Healthcare Restructuring Capabilities with...

July 11, 2019 – Tensie Axton has joined FTI Consulting, Inc. (NYSE: FCN) as a Senior Managing Director in its Turnaround & Restructuring Services practice within the Corporate Finance &...

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