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Republic Airways Holdings KEIP Approved

The U.S. Bankruptcy Court approved Republic Airways Holdings’ motion for entry of an order approving the Debtors’ key employee incentive plan (KEIP). As previously reported, “Republic developed the...

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Black Elk Energy Offshore Operations Bankruptcy Plan Effective

Black Elk Energy Offshore Operations’ Third Amended Plan of Liquidation became effective, and the Company emerged from Chapter 11 protection. The Court confirmed the Plan on July 13, 2016. According to...

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Legend International Holdings Case Dismissed

The U.S. Bankruptcy Court issued an order granting the cross motion of the U.S. Trustee assigned to the Legend International Holdings case to dismiss the Chapter 11 proceeding. The order states, “It is...

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Venoco Bankruptcy Plan Effective

Venoco’s First Amended Joint Plan of Reorganization (with technical and confirmation modifications) became effective, and the Company emerged from Chapter 11 protection. The Court confirmed the Plan on...

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Warren Resources Plan Filed, Disclosure Statement Approved

Warren Resources filed with the U.S. Bankruptcy Court an Amended Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “Presently, the Debtors have...

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Digital Domain Media Group Case Converted

The U.S. Bankruptcy Court issued an order converting Digital Domain Media Group’s Chapter 11 reorganization cases to liquidation under Chapter 7. The Court order states, “The Debtors shall transfer to...

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Alpha Natural Resources Bankruptcy Plan Effective

Alpha Natural Resources’ Second Amended Joint Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The Court confirmed the Plan on July 12, 2016. The Company...

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SFX Entertainment Bankruptcy Plan Filed

SFX Entertainment filed with the U.S. Bankruptcy Court a Joint Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The Plan proposes the issuance of two...

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Premier Exhibitions Sale Denied

The U.S. Bankruptcy Court issued an order denying Premier Exhibitions’ motion to sell certain Titanic artifacts free and clear of liens, claims and interests. The order states, “The Debtors assert that...

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Penn Virginia Objection Filed

The Internal Revenue Service (IRS) filed with the U.S. Bankruptcy Court an objection to Penn Virginia’ First Amended Joint Chapter 11 Plan. The IRS asserts, “In the main, the First Amended Joint...

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American Standard Energy Plan Confirmed

The U.S. Bankruptcy Court confirmed American Standard Energy’s Second Amended Joint Plan of Reorganization (with technical and agreed modifications). As previously reported, “The Prepetition Lender...

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Halcon Resources Initiates Prepackaged Chapter 11 Bankruptcy

Halcon Resources (f/k/a/ RAM Energy Resources) and more than 20 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 16-11724....

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Atlas Resource Partners Chapter 11 Petition, Plan Filed

Atlas Resource Partners (the Partnership) and more than 20 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number...

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Sabine Oil & Gas Supplement Filed, Plan Confirmed

Sabine Oil & Gas filed with the U.S. Bankruptcy Court a Supplement to its Second Amended Joint Chapter 11 Plan of Reorganization. The Supplement contains the following documents: Exhibit A: warrant...

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Breitburn Energy Partners KERP/KERP Approval Sought

Breitburn Energy Partners filed with the U.S. Bankruptcy Court a motion for entry of an order approving Debtors’ retention and incentive programs for certain key employees. The motion explains, “The...

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Ultra Petroleum Extension Sought

Ultra Petroleum filed with the U.S. Bankruptcy Court a motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including...

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GreenHunter Resources Extension Approved

The U.S. Bankruptcy Court approved GreenHunter Resources’ motion to extend by 60 days the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through...

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Hercules Offshore Objections Filed

The Securities and Exchange Commission and United States of America filed with the U.S. Bankruptcy Court separate objections to Hercules Offshore’s Joint Prepackaged Chapter 11 Plan. The SEC asserts,...

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Atlas Resource Partners RSA Approval Sought

Atlas Resource Partners filed with the U.S. Bankruptcy Court a motion for entry of an order authorizing the assumption of the restructuring support agreement (RSA). According to documents filed with...

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Local Corporation Case Dismissed

The U.S. Bankruptcy Court issued an order (1) authorizing Local Corporation to distribute funds to creditors and (2) dismissing its Chapter 11 case. The order states, “The Debtor is authorized to...

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