SD-Charlotte, LLC – Major Sonic Drive-In Franchisee Files Chapter 11 Citing...
February 7, 2020 − SD-Charlotte, LLC and four affiliated Debtors (together, the “Debtors,” each separately and privately held) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the...
View ArticlePES Holdings, LLC – Unsecured Creditors Follow Creditors’ Committee...
February 11, 2020 – The Debtors' claims agent notified the Court of Plan voting results [Docket No. 973]. The results reflect a common divergence in Plan support between secured and unsecured...
View ArticleMcClatchy Company, The – Unable to Resolve Differences with PBGC Over Pension...
February 13, 2020 − The McClatchy Company and 53 affiliated Debtors (NYSE American: "MNI," “McClatchy” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern...
View ArticlePier 1 Imports, Inc. – Further to January Announcement of 450 Store Closings,...
February 17, 2020 − Pier 1 Imports, Inc. and seven affiliated Debtors (NYSE:PIR, “Pier 1” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Eastern District of...
View ArticleBoy Scouts of America – Files Chapter 11 as Changes to Legislation Make...
February 17, 2020 − Boy Scouts of America and one affiliated Debtor (“BSA” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number...
View ArticlePier 1 Imports, Inc. – Court Approves Continuation of 450 Store Closing...
February 18, 2020 – The Court hearing the Pier 1 Imports case issued an interim order authorizing the Debtors to enter into a consulting agreement with Gordon Brothers Retail Partners, LLC (“Gordon...
View ArticleHygea Holdings Corp. – Diversified Healthcare Company Files Chapter 11 Citing...
February 19, 2020 − Hygea Holdings Corp. and 32 affiliated Debtors (“Hygea” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case...
View ArticleOak Point Partners, LLC acquires remnant assets of TransVantage Solutions,...
March 19, 2019 – Oak Point Partners acquired the remnant assets of TransVantage Solutions, Inc., et al., (TransVantage) in March 2019. On May 3, 2013, TransVantage filed a voluntary petition under...
View ArticleHartshorne Holdings, LLC – Western Kentucky Coal Miner Files Chapter 11...
February 17, 2020 − Hartshorne Holdings, LLC and three affiliated Debtors ("Hartshorne” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Western District of...
View ArticleOak Point Partners, LLC acquires remnant assets of the The Wet Seal, LLC and...
March 19, 2019 – Oak Point Partners acquired the remnant assets of the The Wet Seal, LLC and its affiliated debtors’ Bankruptcy Estates (Wet Seal) in March 2019. On February 2, 2017, Wet Seal and its...
View ArticleCosi, Inc. – Fast Casual Restaurant Chain Flattened (Again), Files Chapter 11...
February 24, 2020 − Privately-held Cosi, Inc. and six affiliated Debtors (“Cosi” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case...
View ArticlePioneer Energy Services Corp. – Oilfield Services Operator Files Pre-packaged...
March 1, 2020 − Pioneer Energy Services Corp. and nine affiliated Debtors (until September 2019 delisting NYSE: PES; “Pioneer” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy...
View ArticleOak Point Partners, LLC acquires remnant assets of the CWC Creditors’...
September 10, 2019 – Oak Point Partners acquired the remnant assets of the CWC Creditors’ Liquidating Trust of CWC Liquidation Inc. f/k/a Coldwater Creek Inc., et al., Bankruptcy Estates (Coldwater...
View ArticleCraftWorks Parent, LLC – Steakhouse and Craft Brewery Operator Files Chapter...
March , 2020 – CraftWorks Parent, LLC and 37 affiliated Debtors (“CraftWorks” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case...
View ArticleSenior Care Centers – Citing COVID-19 and “Particular Risks” for Nursing...
March 4, 2020 – Citing the exposure of skilled nursing facilities, and their residents, to the COVID-19 virus, MidCap Financial Trust ("MidCap") has announced that it will no longer be providing exit...
View ArticleValeritas Holdings, Inc. – Creditors’ Committee Objects to Onerous DIP...
March 5, 2020 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) objected to the Debtors’ proposed debtor-in-possession (“DIP”) financing motion arguing, inter alia, that...
View ArticleEP Energy Corporation – Notwithstanding Currently Bleak Prospects for Oil and...
March 6, 2020 – The Court hearing the EP Energy Corporation case confirmed the Debtors’ Fourth Amended Joint Chapter 11 Plan of Reorganization, clearing the way for the Debtors to exit bankruptcy in...
View ArticleBluestem Brands, Inc. – Online Retailer Files Chapter 11 Citing Competition...
March 9, 2020 – Bluestem Brands, Inc. and 17 affiliated Debtors (“Bluestem” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case...
View ArticleForesight Energy LP – Thermal Coal Leader Files Chapter 11; Plans...
March , 2020 – Foresight Energy LP and 30 affiliated Debtors (OTCQX: FELPU and formerly NYSE: FELP, “Foresight” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the...
View ArticleOak Point Partners, LLC acquires remnant assets of the Oldco M Distribution...
October 7, 2019 – Oak Point Partners acquired the remnant assets of the Oldco M Distribution Trust of the Oldco M Corporation f/k/a Metaldyne Corporation, et al., Bankruptcy Estates (Oldco M) in...
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