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...
View ArticleBlack 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...
View ArticleLegend 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...
View ArticleVenoco 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...
View ArticleWarren 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...
View ArticleDigital 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...
View ArticleAlpha 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...
View ArticleSFX 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...
View ArticlePremier 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...
View ArticlePenn 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...
View ArticleAmerican 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...
View ArticleHalcon 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....
View ArticleAtlas 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...
View ArticleSabine 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...
View ArticleBreitburn 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...
View ArticleUltra 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...
View ArticleGreenHunter 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...
View ArticleHercules 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,...
View ArticleAtlas 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...
View ArticleLocal 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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