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Sheridan Holding Company I, LLC – Debtors Emerge from Bankruptcy in Under a...
March 30, 2020 – The Debtors notified the Court that their Amended Joint Prepackaged Chapter 11 Plan had become effective as of March 30, 2020 [Docket No. 116] . Previously, on March 24, 2020, the...
View ArticleMurray Energy Holding Co. – Debtors Urge Court to Allow for Shifting of...
March 30, 2020 – Citing an “unprecedented market downturn,” the Debtors have asked the Court for permission to stop paying certain retiree healthcare benefits. The suspension of payments, the Debtors...
View ArticleDean & DeLuca New York, Inc. – Iconic New York Culinary Brand, Largely...
March 31, 2020 – Dean & DeLuca New York, Inc. and six affiliated Debtors (“Dean & DeLuca” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern...
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Southern Foods Group, LLC – Dairy Farmers of America Named Successful Bidders...
March 31, 2020 − The Debtors announced the results of an auction process which had a bidding deadline of March 30th. Further to completion of the auction and as required by the Court's March 19th...
View ArticleWhiting Petroleum Corporation – Major E&P files Chapter 11 in Advance of Loan...
April 1, 2020 [To be updated] – Whiting Petroleum Corporation and four affiliated Debtors (NYSE: WLL, “Whiting” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the...
View ArticleCraftWorks Parent, LLC – Debtors and DIP Lenders Nearing Agreement on...
March 31, 2020 – The Debtors have filed a motion seeking Court authority to (i) access an additional $4.0mn of loans under their debtor-in-possession ("DIP") financing facility (the “Second Interim...
View ArticleMurray Metallurgical Coal Holdings, LLC – Court Approves $31mn Sale of Maple...
April 1, 2020 – The Court hearing the Murray Metallurgical Coal Holdings cases has approved the $31.0mn sale of Murray Maple Eagle Coal, LLC (“Maple Eagle Assets”) to stalking horse Panther Creek...
View ArticleSuitable Technologies, Inc. – Manufacturer of “Telepresence” Product “Beam”...
April 1, 2020 – The Debtors filed a motion requesting each of a bidding procedures order and a sale order. The bidding procedures order would (i) proposed bidding procedures for an anticipated section...
View ArticleCraftWorks Parent, LLC – DIP Lender (and Nominal Stalking Horse) Fortress...
April 2, 2020 – The Court hearing the CraftWorks Parent cases issued an order authorizing the Debtors to (i) access an additional $4.0mn of loans under their debtor-in-possession (“DIP”) financing...
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Pioneer Energy Services Corp. – Court Approves Disclosure Statement with...
April 2, 2020 – The Court hearing the Pioneer Energy Services cases issued an order approving a Supplement to the Debtors’ Disclosure Statement, otherwise approved on March 2nd, that updates risk...
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Southern Foods Group, LLC − Court Approves $433mn Sale of 44 Debtor...
April 5, 2020 – Further to the completion of an auction process that completed on March 31st and an April 3rd sale hearing, the Court hearing the Southern Foods Group cases approved the Debtors'...
View ArticleGeorge Washington Bridge Bus Station Development Venture LLC – Seeks 4-month...
April 3, 2020 – The Debtor has filed a second request to extend the periods during which it has an exclusive right to file a Chapter 11 Plan, and solicit acceptances thereof, through and including...
View ArticleArt Van Furniture, LLC – In Sign of Things to Come, Debtors, Managing an...
April 6, 2020 – Only one business day after receiving the Debtors' emergency motion to convert their cases to Chapter 7, the Court has done just that; taking an unwell but stable Chapter 11 debtor...
View ArticleRavn Air Group, Inc. – Seeks $12mn ($6mn on an Interim Basis) of New Money...
April 6, 2020 – The Debtors requested Court authority to (i) access $12.0mn in debtor-in-possession (“DIP”) financing, including $6.0mn on interim basis, from its prepetition secured lenders and (ii)...
View ArticleApproach Resources Inc. – Buyers’ Remorse Emerges as New COVID-19 Symptom;...
April 6, 2020 – Further to attempts by Alpine Energy Acquisitions (the “Purchaser” or "Stalking Horse") to back out of its Court-approved purchase of substantially all of the Debtors' assets, the...
View ArticleQuorum Health Corporation – Rural Hospital Operator Files Pre-Packaged...
[To be updated] April 7 , 2020 – Quorum Health Corporation and over 100 affiliated Debtors (NYSE: QHC, “Quorum Health” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court...
View ArticleRavn Air Group, Inc. – Alaska’s Largest Regional Airline Files Chapter 11 as...
April 6 , 2020 – Ravn Air Group, Inc. and seven affiliated Debtors (“Ravn” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number...
View ArticleVerity Health System – Cancels Scheduled Auction at Last Minute and Names...
April 7, 2020 – Further to the Courts February 26th bidding procedures order [Docket No. 4165], and lacking any further qualified bids, the Debtors have canceled an auction scheduled for April 7th and...
View ArticleRavn Air Group, Inc. – Alaska’s Largest Regional Airline Files Chapter 11 as...
April 6 , 2020 – Ravn Air Group, Inc. and seven affiliated Debtors (“Ravn” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number...
View ArticleTZEW Holdco LLC – Amusement Park Operator Apex Parks Group Files Chapter 11,...
April 8, 2020 – Privately held TZEW Holdco LLC and six affiliated Debtors (dba Apex Parks Group, "Apex" or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District...
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