Sienna Biopharmaceuticals, Inc. – Sells Single Asset Group for $1.7m as...
December 10, 2019 – Further to its November 13th bidding procedures order [Docket No. 205] and a December 5th auction, the Court hearing the Sienna Biopharmaceuticals cases approved [Docket No. 247]...
View ArticleSpecialty Retail Shops Holding Corp. (Shopko Stores) – Court Grants...
December 10, 2019 – The Court hearing the Specialty Retail Shops Holding Corp cases has extended the periods during which the Debtors have an exclusive right to file a Chapter 11 Plan, and solicit...
View ArticleEmerge Energy Services LP – Debtors Bounce Back from Plan Rejection, Amended...
December 10, 2019 – The Debtors filed a Second Amended Plan and a related blackline showing pages changed from the version filed on November 1, 2019 [Docket Nos. 682 and 683, respectively]. The changes...
View ArticleCeladon Group, Inc. – Seeks Expedited Sale of North Carolina Hauler Taylor...
December 10, 2019 – The Debtors filed a motion requesting each of a bidding procedures order and a sales order [Docket No. 48]. The bidding procedures order would approve bidding procedures in relation...
View ArticleFurie Operating Alaska, LLC – DIP and Pre-Petition Lenders Object to Sale of...
December 10, 2019 – Pre-petition and debtor-in-possession ("DIP") lender Melody Lenders objected to the Debtors' proposed sale of substantially all of its assets to Hex L.L.C. ("Hex") [Docket No. 393]....
View ArticlePES Holdings, LLC – Court Approves Disclosure Statement Although Issues...
December 11, 2019 – The Court hearing the PES Holdings cases issued an order approving (i) the adequacy of the Debtors’ Disclosure Statement, (ii) proposed Plan solicitation and voting procedures and...
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Juno USA, LP – Files Chapter 11 Plan and Related Disclosure Statement, Single...
December 11, 2019 – The Debtors filed a Joint Chapter 11 Plan of Reorganization and Liquidation and a related Disclosure Statement [Docket Nos. 66 and 67, respectively]. In an unusual combination of...
View ArticleFusion Connect, Inc. – Files Third Amended 11 Plan and Revised Terms of...
December 12, 2019 – The Debtors filed a Third Amended Plan which includes a blackline showing changes from the version of the Plan filed on November 8, 2019 [Docket No. 648]. In anticipation of a...
View ArticleWeatherford International plc – Emerges from Bankruptcy Minus $6.2bn in...
December 13, 2019 – The (former) Debtors notified the Court [Docket No. 483] that their Second Amended Joint Prepackaged Plan had become effective as of December 13, 2019. The Court had previously...
View ArticleJuno USA, LP – Unsecured Creditors Object to DIP Financing; Argue that...
December 13, 2019 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) objected to the Debtors’ request for access to $4.5mn of final debtor-in-posession ("DIP") financing to be...
View ArticleSienna Biopharmaceuticals, Inc. – Further to Disappointing Auction and...
December 13, 2019 – As it had signalled at a December 9th sale hearing, the Debtor filed a motion seeking conversion of the Debtor's Chapter 11 case to a case under Chapter 7 [Docket No. 254]. For the...
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Clover Technologies Group, LLC – Global Leader in Recycling of Imaging...
December 16, 2019 − Clover Technologies Group, LLC (a/k/a 4L Holdings Corporation) and six affiliated Debtors (“Clover” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court...
View ArticleFusion Connect, Inc. – Court Confirms Plan as Debtors Look to Shed $411mn of...
December 17, 2019 – The Court hearing the Fusion Connect cases issued an order confirming the Debtors’ Third Amended Joint Chapter 11 Plan [Docket No. 680]. On June 3, 2019, Fusion Connect, Inc. and 18...
View ArticleCloud Peak Energy – Former Coal Giant Notifies Court of December 17th Plan...
December 17, 2019 – The Debtors notified the Court [Docket No. 889] that their Chapter 11 Plan had become effective as of December 17, 2019. The Court had previously confirmed the Debtors’ Plan on...
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High Ridge Brands Co. – Branded Personal Care Company Files Chapter 11 as...
December 18, 2019 − High Ridge Brands Co. and 8 affiliated debtors ("High Ridge Brands" or the "Debtors") filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware,...
View ArticleEmerge Energy Services LP – With Issues with Third-Party Releases Now...
December 18, 2019 – The Court hearing the Emerge Energy Services cases confirmed the Debtors’ Second Amended Joint Plan of Reorganization [Docket No. 721]. On December 5th, the Court had denied the...
View ArticlePromise Healthcare Group – Debtors Who Had Promised “Expeditious” Chapter 11...
December 12, 2019 – The Court hearing the Promise Healthcare Group cases has extended (for a first, second, third, fourth, fifth time) the periods during which the Debtors have an exclusive right to...
View ArticleArsenal Resources Development LLC – Court Confirms Pre-packaged Plan as...
December 19, 2019 – The Court hearing the Arsenal Resources Development cases confirmed [Docket No. 216] the Debtors’ First Amended Joint Pre-Packaged Plan of Reorganization. On November 8, 2019,...
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GUE Liquidation Companies, Inc (f/k/a FTD Companies, Inc. ) – Court Confirms...
December 19, 2019 – The Court hearing the GUE Liquidation Companies (f/k/a FTD Companies, Inc.) case confirmed the Debtors’ First Amended Plan of Liquidation [Docket No. 1037]. On June 3, 2019, FTD...
View ArticleBumble Bee Parent, Inc. – Further to Input from Creditors’ Committee and DOJ,...
December 19, 2019 – The Court hearing the Bumble Bee Foods cases issued an order approving (i) bidding procedures in respect of the sale of substantially all of the Debtors’ U.S. and Canadian Assets...
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