FirstFood Global Restaurants, Inc. – Turnaround Plans of BRAVO! Cucina...
April 10, 2020 – FirstFood Global Restaurants and seven affiliated Debtors (“FirstFood” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Middle District of...
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Pace Industries, LLC – Leading Diecasting Company Files Prepackaged Chapter...
April 12, 2020 – Pace Industries, LLC and ten affiliated Debtors (“Pace” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number...
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LSC Communications, Inc. – Publishing Giant Files Chapter 11 with $1.7bn of...
April 13, 2020 – LSC Communications, Inc.and one affiliated Debtors (formerly R.R. Donnelley & Sons, OTCQX: LKSD, “LSC” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy...
View ArticleTrue Religion Apparel, Inc. – L.A. Fashion Jeans Manufacturer Files for...
[Developing story] April 13, 2020 – True Religion Apparel, Inc. and four affiliated Debtors (“True Religion” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the...
View ArticleMurray Metallurgical Coal Holdings, LLC − Further to Lowering of Bid...
April 13, 2020 – The Court hearing the Murray Metallurgical Coal Holdings case issued an order approving (i) proposed bidding procedures for sale (the “Sale”) of Murray Oak Grove Coal, LLC (“Oak Grove...
View ArticleAlpha Entertainment LLC (XFL) – Nascent, “High Energy” Football League Sacked...
April 13, 2020 – The Debtor requested Court authority to (i) access $3.5mn of debtor-in-possession (“DIP”) financing ($750k on an interim basis) to be provided by prepetition lender Vince McMahon...
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Longview Power, LLC – Operators of Major Coal-Fired Generation Facility File...
April 14, 2020 – Longview Power, LLC and one affiliated Debtors (“Longview” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case...
View ArticleAlpha Entertainment LLC (XFL) – Start-Up Football League Founded by Wrestling...
April 13, 2020 – Alpha Entertainment LLC (XFL) and one affiliated Debtor (“XFL” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case...
View ArticleAmple Hills Holdings, Inc. (Creamery) – Court Approves Bidding Procedures for...
April 13, 2020 – The Court hearing the Ample Hills Holdings cases issued an order (i) approving proposed bidding procedures, including stalking horse bidder protections (combined break-up fee and...
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Frontier Communications Corporation – Telecommunications Giant Files Chapter...
April 14, 2020 – Frontier Communications Corporation and more than 100 affiliated Debtors (Nasdaq: FTR, “Frontier” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in...
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Yuma Energy, Inc. – Houston-based E&P Files for Chapter 11 Citing High...
April , 2020 – Yuma Energy, Inc. and three affiliated Debtors (NYSE American: YUMA, “Yuma” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Northern District of...
View ArticleFrontier Communications Corporation – Seeks $1.352bn Sale of Pacific...
April 15, 2020 – The Debtors filed a motion requesting an order approving (i) the $1.352bn private sale (the “Sale”) of Debtors’ businesses in Washington, Oregon, Idaho, and Montana (the “Pacific...
View ArticlePace Industries, LLC – Interim Order Unlocks Access to $54mn of Funding Under...
April 15, 2020 – The Court hearing the Pace Industries cases issued an interim order authorizing the Debtors to (i) access a $125.0mn senior secured super-priority asset-based revolving credit facility...
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Pace Industries, LLC – Investor Macquarie Septa Files Motion to Have Majority...
April 17, 2020 – Investor Macquarie Septa ("Macquarie") filed a motion seeking dismissal of a majority of the Debtors' Chapter 11 cases (ie those of KPI Intermediate Holdings, Inc. and the Debtors...
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Melinta Therapeutics, Inc. – Notifies Court of April 20th Plan Effectiveness...
April 20, 2020 – The Debtors notified the Court that their Modified Amended Joint Chapter 11 Plan of Reorganization became effective as of April 20, 2020 [Docket No. 542]. The Court had previously...
View ArticleModell’s Sporting Goods, Inc. – Seeks Extension of Suspension of Chapter 11...
April 20, 2020 – The Debtors’ have notified the Court hearing their Chapter 11 cases that they intend to seek an extension of an existing suspension order through and including May 31, 2020 [Docket No....
View ArticleAlta Mesa Resources, Inc. – Notwithstanding (re)Agreed Asset Sale and Recent...
April 21, 2020 – The Court hearing the Alta Mesa Resources cases extended the periods during which the Debtors have an exclusive right to file a Chapter 11 Plan, and solicit acceptances thereof,...
View ArticleMurray Metallurgical Coal Holdings, LLC − Citing Defaulted $350mn DIPFacility...
April 22, 2020 – Citing lack of continued funding under a now defaulted debtor-in-possession (“DIP”) facility and debtor mismanagement, creditor CONSOL Energy Inc., (“CONSOL”) has filed a motion...
View ArticleMurray Energy Holding Co. – Files Revised Plan and Disclosure Statement...
April 22, 2020 – The Debtors filed a Revised First Amended Plan and a related Disclosure Statement [Docket Nos. 1315 and 1316, respectively] with each attaching a redline showing changes to the version...
View ArticleSpeedCast International Limited – Supplier of Remote Global Communications...
April 23, 2020 – SpeedCast International Limited and 32 affiliated Debtors (formerly listed on Australia's ASX, ticker "SDA," “Speedcast” or the “Debtors”) filed for Chapter 11 protection with the U.S....
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