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Emergent Capital, Inc – Specialist in Life Settlement Assets Has Plan Confirmed
December 30, 2020 – The Court hearing the Emergent Capital cases issued an order confirming the Debtor’s Second Amended Chapter 11 Plan of Reorganization [Docket No. 184]. On October 15, 2020, Emergent...
View ArticleMarshall Broadcasting Group, Inc. – With Sale and Nexstar Settlement...
December 31, 2020 – The Debtor filed a combined Plan and Disclosure Statement [Docket No. 408]; and further requested a Court order (i) scheduling a combined hearing for February 19, 2021 and (ii)...
View ArticleJohn Varvatos Enterprises, Inc. – Seeks 4 Month Extension of Exclusive Plan...
January 4, 2021 – The Debtors filed a motion to extend (for a second time) the periods during which they have an exclusive right to file a Plan and solicit acceptances thereof, through and including...
View ArticleCommunity Intervention Services, Inc. – Behavioral Health Services Provider...
January 5, 2021 – Community Intervention Services, Inc. and three affiliated Debtors (“CIS” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of...
View ArticleBouchard Transportation Co., Inc. – Seeks 3 Month Exclusivity Extensions as...
January 5, 2021 – The Debtors filed a motion to extend the periods during which they have an exclusive right to file a Plan and solicit acceptances thereof, through and including April 26, 2021 and...
View ArticleNPC International, Inc. – Further to Successful Mediation Efforts, Designates...
January 7, 2021 – Further to the Court's September 25, 2020 bidding procedures order [Docket No. 693] and following successful mediation efforts overseen by Judge Isgur; the Debtors notified the Court...
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Ferrellgas Partners, L.P. – Leading Propane Gas Distributor Files Prepackaged...
January 11, 2021 – Ferrellgas Partners, L.P. ("HoldCo") and one affiliated Debtor, Ferrellgas Partners Finance Corp. (“Partners Finance,” and together with HoldCo, the “Debtors”) filed for Chapter 11...
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Christopher & Banks Corporation – Specialty Retailer Files Chapter 11 with...
January 13, 2021 – Christopher & Banks Corporation and two affiliated Debtors (OTCQX: CBKC; “CB” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of...
View ArticleAmple Hills Holdings, Inc. – Following Asset Sale, Court Dismisses Brooklyn...
January 12, 2021 – The Court hearing the Ample Hills Holdings cases issued an order dismissing the Debtors’ Chapter 11 Cases [Docket No. 482]. On March 15, 2020, Ample Hills Holdings, Inc. and 15...
View ArticleNational Rifle Association of America – Files Chapter 11 to Protect Against...
[Just Filed. Developing Story.] January 15, 2021 – The National Rifle Association of America and one affiliated Debtor (the “NRA” or the “Debtors”) filed for Chapter 11 protection with the U.S....
View ArticleSouthern Foods Group, LLC − Seeks Court Approval for $23.9mn Sale of Honolulu...
January 19, 2021 – The Debtors filed a motion requesting Court authority (i) for a proposed sale of their Honolulu Property (purchase price $23.9mn) to Twenty Lake Management LLC, a Delaware limited...
View ArticleDiamond Offshore Drilling, Inc. – Announces Plan Support Agreement with...
January 25, 2021 – The Debtors announced that they have reached a plan support agreement (the "PSA") with holders of over 70% of each of their senior unsecured notes and revolving credit facility...
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Alpha Media Holdings LLC – Seeks Authority for $20mn New Money DIP Financing...
January 25, 2021 – The Debtors requested Court authority to (i) access $20.0mn of new money, debtor-in-possession (“DIP”) financing and (ii) use cash collateral [Docket No. 20]. The DIP financing is...
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CiCi’s Holdings, Inc. – Operators/Franchisors of 318 All-You-Can-Eat Pizza...
January 26, 2021 – Privately held CiCi's Holdings, Inc.and eight affiliated Debtors (dba cicis pizza; “CiCi's” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the...
View ArticleL’Occitane, Inc. – Beauty Retailer Files Chapter 11 with Annual Sales Down...
January 25, 2021 – L'Occitane, Inc. (“L'Occitaine or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of New Jersey, lead case number 21-10632. The Debtor, a...
View ArticleGarrett Motion Inc. – Equity Committee Looks to Terminate Debtors’ Plan...
January 26, 2021 – The Debtors' Official Committee of Equity Securities Holders (the “Equity Committee”) has filed a motion requesting termination of the Debtors’ Plan exclusivity periods so that they...
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Belk Inc. – Nation’s Largest Privately-Held Retailer Publishes Solicitation...
January 28, 2021 – Privately-held Belk Inc. ("Belk," or the "Debtors"), a retailer with 291 stores across 16 southeastern states, has published a Prepackaged Plan and a related Disclosure Statement...
View ArticlePBS Brand Co., LLC – PBS Brand Co., LLC – Seeks Approval of Bidding...
January 28, 2021 – The Debtors filed a motion requesting each of a bidding procedures order and a sale order [Docket No. 197]. The bidding procedures order would (i) approve proposed bidding...
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Valaris plc – Offshore Drilling Services Giant Files Modified Third Amended...
January 28, 2021 – The Debtors’ filed their modified Third Amended Plan of Reorganization with an attached redline showing changes to the version filed on December 30, 2020 [Docket No. 988]. The...
View ArticleLATAM Airlines Group S.A. – Court Allows Second lengthy Extension of...
January 28, 2021 – The Court hearing the LATAM Airlines Group S.A. cases has extended the periods during which the Debtors have an exclusive right to file a Chapter 11 Plan, and solicit acceptances...
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