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PG&E Corporation – Seeks Authority for $892mn Purchase Option Agreement as...

June 9, 2020 – In furtherance of stage one of a two stage real estate strategy, the Debtors requested Court authority to enter into (i) a lease and purchase option agreement with TMG Bay Area...

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LVI Intermediate Holdings, Inc. – Laser Eye Center Chain Files Chapter 11...

May 30, 2020 – LVI Intermediate Holdings, Inc.and 17 affiliated Debtors (dba Vision Group Holdings; “LVI” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the...

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J.C. Penney Company, Inc. – Court Authorizes the Debtors to Begin Phase 1...

June 11, 2020 – The Court hearing the J.C. Penney Company cases issued a final order allowing the Debtors to (i) “immediately” (from June 12th) conduct their store closing process and (ii) assume a...

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The Hertz Corporation – In One for the Bankruptcy History Books, About To Be...

June 11, 2020 – The Debtors filed a motion seeking Court authority to enter into a sale agreement with Jefferies LLC (“Jefferies,” agreement noting 3% commission at Exhibit B) whereby Jefferies would...

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Skillsoft Corporation – Education Software Leader Owned by Charterhouse...

June 14, 2020 – Skillsoft Corporation and 15 affiliated Debtors (“Skillsoft” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case...

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Extraction Oil & Gas, Inc. – Denver-Based O&G Files Chapter 11 Following...

[Developing Story] June 14, 2020 – Extraction Oil & Gas, Inc. and nine affiliated Debtors (NASDAQ: XOG; “Extraction” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court...

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24 Hour Fitness Worldwide, Inc. – Leading Health and Fitness Chain Files...

June 15, 2020 – 24 Hour Fitness Worldwide, Inc.and 10 affiliated Debtors (“24 Hour Fitness” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware,...

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Pyxus International, Inc. – Tobacco Leaf Supplier and Processor Files...

June 15, 2020 – Pyxus International, Inc. and four affiliated Debtors (f/k/a Alliance One International, Inc., NYSE: PYX; “Pyxus” or the “Debtors”) filed for Chapter 11 protection with the U.S....

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Vinson & Elkins Boosts Restructuring & Reorganization Practice with Addition...

June 15, 2020 — Vinson & Elkins (“V&E”) announced the addition of George Howard as a partner in the firm’s Restructuring & Reorganization practice. Mr Howard, who joins V&E from...

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Centric Brands Inc. – Creditors Committee Objects to DIP Financing that...

June 16, 2020 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) objected to the Debtors’ proposed $435.0mn debtor-in-possession (“DIP”) financing, arguing that it unduly...

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Ravn Air Group, Inc. – Creditors’ Committee Objects to Chapter 11 Plan and...

June 22, 2020 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) (i) objected to the Debtors’ proposed Chapter 11 Plan of Liquidation and (ii) filed a cross-motion seeking to...

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Windstream Holdings – Files Technically Modified Plan and Voting Results in...

June 22, 2020 – The Debtors filed a First Amended Joint Chapter 11 Plan of Reorganization with technical modification [Docket No. 2201] which included a redline showing changes from the version of the...

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GNC Holdings, Inc. – Seeks Authorization for Store Closing Sales and...

June 24, 2020 – The Debtors filed a motion requesting Court authority to (i) begin a U.S. and Canadian store closing/sales process and (ii) assume an existing consulting agreement with each of (a)...

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Windstream Holdings – Court Approves Plan that Sees Holders of $2.35bn of...

June 25, 2020 – The Court hearing the Windstream Holdings cases confirmed the Debtors' First Amended Joint Chapter 11 Plan of Reorganization. Judge Robert Drain left several large stakeholders deeply...

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Chesapeake Energy Corporation – Oklahoma City-Based E&P Files Chapter 11 with...

[Developing story] June 28, 2020 – Chesapeake Energy Corporation and 40 affiliated Debtors (NYSE: CHK; “Chesapeake” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in...

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Quorum Health Corporation – Court Rejects Persistent Objections of Equity...

June 29, 2020 – Further to a June 29th Plan confirmation hearing, the Court hearing the Quorum Health Corporation cases confirmed the Debtors' Prepackaged Chapter 11 Plan of Reorganization. The Court...

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NPC International, Inc. – USA Largest’s Restaurant Franchisee (Pizza Hut and...

July 1, 2020 – NPC International, Inc. and seven affiliated Debtors (“NPC” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case...

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Sanchez Energy Corporation – Notifies Court of June 30 Plan Effectiveness...

June 30, 2020 – The Debtors notified the Court that their Second Amended Joint Chapter 11 Plan had become effective as of June 30, 2020 [Docket No. 1417]. On April 30, 2020, the Court confirmed the...

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Lucky Brand Dungarees, LLC – Premium Denim Manufacturer Succumbs to COVID-19...

July 3, 2020 – Lucky Brand Dungarees, LLC and four affiliated Debtors (“Lucky Brand” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead...

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Pier 1 Imports, Inc. − Gets $20mn Stalking Horse Bid for E-Commerce...

July 5, 2020 – Further to a February 18th bidding procedures order [Docket No. 102], the Debtors notified the Court hearing their cases that they had (i) selected Pier 1 Imports Online, Inc. (the...

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