Rubie’s Costume Company, Inc. – Files Amended DIP Motion to Address Objection...
July 6, 2020 – Further to an objection filed by their prepetition senior lenders (the "Bank Group"), the Debtors have filed a revised motion which requests authority to (i) access $45.0mn of...
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OneWeb Global Limited – Further to Announced Sale to HMG and Bharti, Seeks...
July 6, 2020 – Further to their July 2nd announcement that they had agreed a sale of their assets to a consortium led by Her Majesty’s Government ("HMG") and Bharti Global Limited ("Bharti," and...
View ArticleBrooks Brothers Group, Inc. – Debtors Get Nominally Improved DIP Financing in...
July 10, 2020 – In developments that will have caused some to flashback to the dramatic, and ultimately disastrous (for the Debtors), Barneys bankruptcy of last summer, fellow New York retailing...
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Hi-Crush Inc. – Another Frac Sand Producer Files Chapter 11; Pre-Arranged,...
July 12, 2020 – Hi-Crush Inc. and 21 affiliated Debtors (NYSE: HCR; "Hi-Crush" or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead...
View ArticleTemplar Energy LLC – Notifies Court that Presidio Investment Holdings ($91mn...
July 10, 2020 – Further to a June 23rd bidding procedures order [Docket No. 101] and a July 9th auction, the Debtors have designated Presidio Investment Holdings LLC ("Presidio," $91.0mn bid) as the...
View ArticleCongoleum Corporation – “Resilient” Floor Manufacturer Files Chapter 11 with...
July 13, 2020 – Privately held Congoleum Corporation (“Congoleum” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of New Jersey, lead case number...
View ArticleTuesday Morning Corporation – Stronger than Expected Revenues Lead to DIP...
July 10, 2020 – The Court hearing the Tuesday Morning Corporation cases issued a final order authorizing the Debtors to access $25.0mn of debtor-in-possession (“DIP”) financing to be provided by...
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The Paper Store, LLC – Family-Owned, Northeast Specialty Gift Business...
July 14, 2020 – The Paper Store, LLC and one affiliated Debtor (“TPS” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Massachusetts, lead case number...
View ArticleBrooks Brothers Group, Inc. – Debtors File Bidding Procedures Motion; Remain...
July 16, 2020 – The Debtors filed a motion requesting each of a bidding procedures order and a sales order [Docket No. 154]. The bidding procedures order would approve (i) proposed bidding procedures...
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Lakeland Tours, LLC (WorldStrides, Inc.) – Leading Educational Travel Company...
July 20, 2020 – Lakeland Tours, LLC and 22 affiliated Debtors (dba WorldStrides, Inc., “Lakeland” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern...
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Global Eagle Entertainment Inc. – Leading In-Flight Media Services Provider...
July 22, 2020 – Global Eagle Entertainment Inc. and 16 affiliated Debtors (Nasdaq: ENT; “Global Eagle” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District...
View ArticleBrooks Brothers Group, Inc. – Enters Into $305mn Stalking Horse Agreement...
July 23, 2020 – Further to their July 16th bidding procedures and sale motion [Docket No. 154], the Debtors have filed a supplement notifying the Court that they have entered into a $305.0mn stalking...
View ArticleK.G. LM, LLC – Files for Chapter 11 Protection in Respect of Seven “Il...
July 28, 2020 – Privately held K.G. LM, LLC and 13 affiliated Debtors (dba Il Mulino “Il Mulino” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern...
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California Pizza Kitchen, Inc. – Citing Competitive Challenges and COVID-19,...
July 29, 2020 – California Pizza Kitchen, Inc. and seven affiliated Debtors (“CPK” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas,...
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Tonopah Solar Energy, LLC – Massive, Beleaguered Nevada Solar Plant Files...
July 30, 2020 – Tonopah Solar Energy, LLC (“Tonopah” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 20-11884. The Debtor,...
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Mood Media Corporation – Apollo and BlackStone Backed Muzak Maker Files...
July 30, 2020 – Mood Media Corporation and 17 affiliated Debtors (“Mood” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case...
View ArticleLucky Brand Dungarees, LLC – Court Approves Bidding Procedure, Including...
July 30, 2020 – The Court hearing the Lucky Brand Dungarees cases issued an order (i) approving bidding procedures for the sale of substantially all of the Debtors' assets, (ii) granting bidder...
View ArticleOak Point Partners, LLC acquires remnant assets of the Midway Airlines...
December 3, 2008 – Oak Point Partners acquired the remnant assets of the Midway Airlines Corporation, et al., Bankruptcy Estates in December 2008. On August 13, 2001, Midway Airlines Corporation and...
View ArticleAlpha Entertainment LLC (XFL) – Cancels Auction and Selects Alpha Acquico as...
August 3, 2020 – Further to a May 28th bidding procedures order [Docket No. 181], the Debtor notified the Court that they had canceled a scheduled auction and designated Alpha Acquico, LLC (“Alpha...
View ArticlePrysm, Inc. – Silicon Valley Manufacturer of Large-Format Displays Files...
August 5, 2020 – Prysm, Inc. (“Prysm” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 20-11924. The Debtor, a Silicon...
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