Murray Energy Holding Co. – Privately Held Coal Giant Files Chapter 11;...
October 29, 2019 − Privately held Murray Energy Holding Co. and almost 100 affiliated Debtors (“Murray Energy” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the...
View ArticleNORPAC Foods, Inc. – Court Approves $155mn Sale to Oregon Potato Company...
October 29, 2019 – Further to an October 28, 2019 sale hearing and absent any further bids beyond that of stalking horse bidder Oregon Potato Company (“OPC”), the Court hearing the NORPAC Foods cases...
View ArticleMurray Energy Holding Co. – Gets Go Ahead for $200mn of Interim DIP Financing...
October 30, 2019 – At a first day hearing, the Court hearing the Murray Energy Holding Co. cases has given the Debtors the green light to access $200.0mn of new money, debtor-in-possession ("DIP")...
View ArticleBristow Group Inc. – Emerges from Bankruptcy and Announces New Board;...
October 31, 2019 – The Debtors notified the Court that their Joint Chapter 11 Plan of Reorganization had become effective as of October 31, 2019 [Docket No. 879]. The Court had previously approved the...
View ArticleBarneys New York, Inc. – Time Runs Out on Going Concern Sale Dreams as DIP...
October 31, 2019 – Further to an October 31st sale hearing, the $271.4mn sale of substantially all of the Debtors' assets to stalking horse ABG-Barneys, LLC ("ABG-Barneys") has been approved....
View ArticleFleetwood Acquisition Corp. – Manufacturer of Retail Fixtures Files for...
November 4, 2019 − Fleetwood Acquisition Corp. and two affiliated Debtors (d/b/a Fleetwood Fixtures, “Fleetwood” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the...
View ArticleStearns Holdings, LLC – Mortgage Services Provider Emerges from Bankruptcy...
November 5, 2019 – The Debtors notified the Court that their Amended Joint Chapter 11 Plan of Reorganization had become effective as of November 5, 2019. [Docket No. 447] The Plan was confirmed on...
View ArticleSportCo Holdings, Inc. – Court Confirms Liquidation Plan, Pre-Petition...
November 6, 2019 – The Court hearing the SportCo Holdings cases has confirmed the Debtors' Fourth Amended Combined Chapter 11 Plan of Liquidation [Docket No. 525]. The Debtors also filed the lightlty...
View ArticleArsenal Resources Development LLC – Appalachian Base E&P Files Prepackaged...
November 8, 2019 − Arsenal Resources Development LLC and 16 affiliated Debtors (“ARD” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead...
View ArticleSheridan Production Company, LLC – Debtors’ Withdraw from Asset Sale; Toggle...
November 9, 2019 – With the clock ticking towards a November 12th Plan confirmation hearing,the Debtors have changed restructuring paths, yet again. Having surprised their creditors with an eleventh...
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MTE Holdings LLC – Permian Basin E&P Files Chapter 11, Accuses Lender...
October 22, 2019 − MTE Holdings LLC (together with six later added affiliates, “MTE Holdings” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of...
View ArticleVerity Health System – Court Approves Amended KEIP as SGM Sale Delays...
November 8, 2019 – The Court hearing the Verity Health System (“VHS”) case approved the Debtors’ amended key employee incentive plan (the “KEIP”) [Docket No. 3565] to allow for asset sale delays and...
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MTE Holdings LLC – Adds Affiliated Debtors to Chapter 11 Cases as Battle with...
November 11, 2019 − MTE Holdings LLC has added four further affiliate debtors to its Chapter 11 cases and filed a declaration in support of the Chapter 11 filings [Docket No. 50] which casts light on...
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Southern Foods Group, LLC – Leading Dairy Producer Files Chapter 11 to...
November 12, 2019 − Southern Foods Group, LLC (d/b/a/ Dean Foods Company) and 42 affiliated Debtors (NYSE: DF, “Dean Foods” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy...
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MTE Holdings LLC – Citing “Pattern and Practice of Gross Mismanagement,”...
November 12, 2019 – Natixis, New York Branch (“Natixis”), in its capacity as the administrative agent on behalf of lenders to a $60.0mn credit facility filed a motion (i) to appoint a chapter 11...
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HRI Holding Corp. – Holding Company for Houlihan’s Restaurants Files Chapter...
November 14, 2019− HRI Holding Corp. and 38 affiliated Debtors (d/b/a as Houlihan's Restaurants, Inc. “HRI or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the...
View ArticleDestination Maternity Corporation – Court Approves Expedited Sale Timetable...
November 14, 2019 – The Court hearing the Destination Maternity Corporation case issued an order approving bidding procedure for the sale of assets [Docket No. 253] and scheduled sale hearing for...
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Approach Resources Inc. – Unconventional E&P Files for Chapter 11 Citing...
November 18, 2019 − Approach Resources Inc. and six affiliated Debtors (NASDAQ Global Select: AREX, “Approach” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the...
View ArticleAvenue Stores, LLC – U.S. Trustee Clambers onto Chapter 7 Conversion...
November 18, 2019 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) filed an emergency motion seeking conversion of the Debtors’ Chapter 11 cases to cases under Chapter 7...
View ArticleTHG Holdings LLC – DHHS Objects to Plan that Requires it to Pay Debtors $27mn...
November 18, 2019 – The Department of Health and Human Services (“DHHS”) objected [Docket No. 482] to the Debtors' combined Disclosure Statement and Joint Chapter 11 Plan of Liquidation [Docket No....
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