SpeedCast International Limited – Court Approves $180mn DIP Financing ($90mn...
April 23, 2020 – The Court hearing the SpeedCast International Limited cases issued an order authorizing the Debtors (i) to access $35.0mn of new money debtor-in-possession (“DIP”) financing on an...
View ArticleCreative Hairdressers, Inc. – 800 Store Hair Salon Chain Files Chapter 11...
April 23 , 2020 – Creative Hairdressers, Inc. and one affiliated Debtors (“CHI” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Maryland, lead case...
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....
View ArticleSouthern Foods Group, LLC − Auction Participant Industrial Realty Group, LLC...
April 23, 2020 – Industrial Realty Group, LLC (“IRG”) filed a motion to compel the Debtors to return two deposits made in respect of assets that IRG bid on in the Debtors' recently completed auction...
View ArticleCinemex Holdings USA, Inc. – Major U.S. Theater Chain Owned by Mexico’s Grupo...
April 26, 2020 – Cinemex Holdings USA, Inc. and one affiliated Debtor (dba "CMX Cinema," "CMX” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District...
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 ArticleRavn Air Group, Inc. – Creditors’ Committee Accuses Lender BNP Paribas of...
April 24, 2020 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) objected to the Debtors’ motion for authorization to access debtor-in-possession (“DIP”) financing from their...
View ArticleFrontier Communications Corporation – Court Approves $1.352bn Private Sale of...
April 27, 2020 – The Court hearing the Frontier Communications Corporation cases issued an order (i) approving the $1.352bn private sale (the “Sale”) of the Debtors’ businesses in Washington, Oregon,...
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Alta Mesa Resources, Inc. – Court Approves (Conditionally) the KFM Debtors’...
April 27, 2020 – The Court hearing the Alta Mesa Resources cases issued an order conditionally approving (i) the KFM Debtors' Disclosure Statement, (ii) proposed Plan solicitation and voting procedures...
View ArticleRavn Air Group, Inc. – Coronavirus Afflicted Alaskan Airline Files Plan of...
April 27, 2020 – The Debtors filed a Chapter 11 Plan of Liquidation and a related Disclosure Statement [Docket Nos. 112 and 113, respectively]. They further filed a motion requesting Court approval of...
View ArticleOneWeb Global Limited – Court Approves Bidding Procedures for Proposed Asset...
April 29, 2020 – The Court hearing the OneWeb Global Limited cases approved the Debtors' proposed bidding procedures in relation to the sale of the Debtors’ assets (the “Sale”), including an...
View ArticleTooJay’s Management LLC – Florida Chain of Deli-Style Restaurants Files...
April 29, 2020 – TooJay's Management LLC and 30 affiliated Debtors (“TooJay's” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Florida, lead...
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American Commercial Lines, LLC −Inland Barge Operator Emerges from Chapter 11...
April 30, 2020 – The Debtors notified the Court [Docket No. 287] that their prepackaged Plan of reorganization had become effective as of April 30, 2020. The Court had previously confirmed the Debtors’...
View ArticleModell’s Sporting Goods, Inc. – Court Agrees to Further Suspension of...
April 30, 2020 – The Court hearing the Modell’s Sporting Goods cases issued an order which extends the period during which the Debtors’ Chapter 11 cases are suspended through and including May 31, 2020...
View ArticleGeorge Washington Bridge Bus Station Development Venture LLC – Court Grants...
April 30, 2020 – The Court hearing the George Washington Bridge Bus Station Development Venture case has extended (for a second time) the periods during which the Debtor has an exclusive right to file...
View ArticleRubie’s Costume Company, Inc. – Global Costume Leader Files Chapter 11,...
April 30, 2020 – Rubie's Costume Company, Inc. and five affiliated Debtors (the “Rubie's Group” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Eastern District...
View ArticleEP Energy Corporation – Star-Crossed Debtors Seek Lengthy Exclusivity...
April 30, 2020 – EP Energy Corporation filed a motion to extend the periods during which they have an exclusive right to file a Chapter 11 Plan, and solicit acceptances thereof, through and including...
View ArticleRavn Air Group, Inc. – Court Approves a Further $6.0mn of DIP Financing, But...
April 30, 2020 – The Court hearing the Ravn Air Group cases issued a final debtor-in-possession (“DIP”) financing order authorizing the Debtors to (i) access an additional $6.0mn of new money DIP...
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Chinos Holdings, Inc. (J.Crew Group) – Clothing Retailer Files Chapter 11...
May 3, 2020 – Chinos Holdings, Inc and one affiliated Debtors (“J.Crew Group” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Eastern District of Virginia, lead...
View ArticleOneWeb Global Limited – Court Approves First $10mn Tranche of New Money DIP...
May 1, 2020 – The Court hearing the OneWeb Global Limited cases issued an order authorizing the Debtors to (i) access $10.0mn of new money debtor-in-possession ("DIP") term loans being provided...
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