Alta Mesa Resources, Inc. – Andarko Basin E&P Files for Bankruptcy Just Ahead...
September 12, 2019 − Alta Mesa Resources, Inc. and six affiliated Debtors (NASDAQ: AMR, “Alta Mesa” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern...
View ArticleWeatherford International plc – Court Confirms Prepackaged Plan after Last...
September 11, 2019 – The Court hearing the Weatherford International cases confirmed the Debtors’ Second Amended Joint Prepackaged Plan and approved the related Disclosure Statement [Docket No. 343]....
View ArticleThe Diocese of Rochester – New York’s Child Victim’s Act Opens Claims...
September 12, 2019 − The Diocese of Rochester (“The Diocese” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Western District of New York, lead case number...
View ArticleSanchez Energy Corporation – Creditors Object to “Unabashed Power Grab” by...
September 12, 2019 – The Debtor's Official Committee of Unsecured Creditors (the “Committee”) vigorously objected to the Debtors’ debtor-in-possession ("DIP") financing motion [Docket No. 300], arguing...
View ArticleAvenue Stores, LLC – Unsecured Creditors Object to Too Short Sale Process for...
September 11, 2019 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) objected [Docket No. 162] to the Debtors’ proposed asset sale bidding procedures as they relate to the...
View ArticleSheridan Production Company, LLC – Houston-Based Oil and Gas Company Files...
September 15, 2019 − Sheridan Production Company, LLC and eight affiliated Debtors (“SPC” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of...
View ArticleGCX Limited – Operator of Global Fiber Network Files Chapter 11 Citing...
September 15, 2019 − GCX Limited and 15 affiliated Debtors (trading as Global Cloud Xchange, “GCX” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of...
View ArticlePurdue Pharma L.P. – Besieged with Opioid Litigation, Debtors Turn to...
September 14, 2019 − Purdue Pharma L.P. and 23 affiliated Debtors (“Purdue” or the “Debtors,” with organizational and ownership charts included on pages 17/18 of the Petition) filed for Chapter 11...
View ArticleSportCo Holdings, Inc. – Files Last Minute Amendments to Plan to Include New...
September 13, 2019 – The Debtors filed a Second Amended combined Plan and Disclosure Statement and a related blackline showing changes from the version of the combined document filed on September 10,...
View ArticleSienna Biopharmaceuticals, Inc. – With No Revenue and Unsustainable Cash...
September 16, 2019− Sienna Biopharmaceuticals, Inc. (NASDAQ Global Select Market: “SNNA," “Sienna” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of...
View ArticlePayless Holdings – Files Second Amended Plan and Related Disclosure Statement...
September 16, 2019 – The Debtors filed their Second Amended Plan and a related Disclosure Statement [Docket Nos. 1581 and 1583, respectively]; and further filed redlines of each document showing...
View ArticlePG&E Corporation – Key Stakeholders Bang on Plan Exclusivity Door Again, See...
September 19, 2019 – The Debtors' Official Committee of Tort Claimants (the “TCC”) and the Ad Hoc Committee of Senior Unsecured Noteholders of Pacific Gas and Electric Company (the “Ad Hoc Committee”)...
View ArticleStearns Holdings, LLC – Amended Plan Receives Late Changes to Reflect...
September 19, 2019 – The Debtors filed a Revised Amended Plan and a related Disclosure Statement [Docket Nos. 338 and 339, respectively] with each attaching redlines showing changes to the version of...
View ArticleThomas Cook Group plc – Iconic British Tour Operator Files for Liquidation in...
September 23, 2019 − Thomas Cook Group plc ("TCG") announced (i) the collapse of rescue talks with key stakeholder groups, including noteholders and its largest shareholder, Fosun Tourism Group...
View ArticleBurr & Forman Expands Creditors’ Rights & Bankruptcy Practice Group in...
September 24, 2019 – Burr & Forman announced the addition of associate Russell Heller to the firm’s Creditors’ Rights & Bankruptcy Practice Group where he will work on bankruptcy and...
View ArticleForever 21, Inc. – Fashion Retailer Files Chapter 11 and Plans Significant...
September 29, 2019 − Privately-held Forever 21, Inc. and seven affiliated Debtors (“Forever 21” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of...
View ArticleBayou Steel BD Holdings, L.L.C. – Private Equity-Owned Long Carbon Steel...
October 1 − Bayou Steel BD Holdings, L.L.C. and two affiliated Debtors (“Bayou Steel Group” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware,...
View ArticleLoot Crate, Inc. – Court Approves $30mn (plus) Sale of Debtors’“Geek and...
October 1, 2019 – Further to it's September 11th bidding procedures order [Docket No. 147], and absent any qualified bids other than that of stalking horse Loot Crate Acquisition, Inc. (the “Stalking...
View ArticleForever 21, Inc. – Seeks Authority to Close Up to 178 Under-Performing Stores...
October 1, 2019 – The Debtors requested Court authority (i) to enter into a store closing consulting agreement with a contractual joint venture comprised of Gordon Brothers Retail Partners, LLC and...
View ArticleForever 21, Inc. – Down to Their Last $20mn, Debtors Get $60mn New Money DIP...
October 2, 2019 – The Court hearing the Forever 21 cases issued an interim order authorizing the Debtors to access $350.0mn in debtor-in-possession ("DIP") financing and use cash collateral. The DIP...
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