The Hertz Corporation – Debtors’ Motions Indicate “Several Successful Rounds...
May 11, 2021 – The Debtors have filed a pair of motions (to (a) extend certain deadlines and (b) shorten notice/objections periods at Docket Nos, 4632 and 4633, respectively) which provide some insight...
View ArticleCosi, Inc. – Court Approves Debtor-Requested Dismissal of Chapter 11 Cases as...
May 11, 2021 – Further to an emergency supplemental motion filed by the Debtors requesting dismissal of their cases, the Court has dismissed each of the Debtors Chapter 11 cases with immediate effect...
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The Hertz Corporation – Following Conclusion of Auction at Which Extension of...
May 12, 2021 – Further to the conclusion of a 36-hour auction and the designation of a private equity group comprised of Certares Opportunities LLC (“Certares”), Knighthead Capital Management, LLC...
View ArticlePaper Source, Inc – Court Approves $91.5mn Sale of Debtors’ Asssets to...
May 13, 2021 – The Court hearing the Paper Source, Inc cases issued an order approving the $91.5mn sale of substantially all of the Debtors’ “premier paper and gift store” assets to Papershop HoldCo...
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The Hertz Corporation – Amended Disclosure Statement Supplement Has...
May 13, 2021 – The Debtors have filed a pair of notices which include proposed amendments to their Disclosure Statement Supplement filed on May 12th [Docket No. 4670]; notably in respect of (i)...
View ArticleOak Point Partners, LLC acquires remnant assets of the Bill Heard...
November 15, 2013 – Oak Point Partners acquired the remnant assets of the Bill Heard Enterprises, Inc., et al., Bankruptcy Estates in November 2013. On September 28, 2008, Bill Heard Enterprises, Inc....
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TECT Aerospace Group Holdings, Inc. – Seeks Approval of Bidding Procedures...
May 21, 2021 – The Debtors filed a motion requesting approval of (i) a proposed bidding procedures order and (ii) a proposed sale order [Docket No. 192]. The bidding procedures order would approve (i)...
View ArticleMobiTV, Inc. – Court Approves $23.9mn ($17.4mn Cash) Asset Sale to...
May 21, 2021 – The Court hearing the MobiTV cases issued an order approving the sale of substantially all of the Debtors’ assets (the “Sale”) to TiVo Corporation ("TiVo," $17.4mn cash purchase price,...
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Seadrill Partners LLC (2020) – Drillship Operator Emerges from Bankruptcy...
May 24, 2021 – Seadrill Partners notified te Court hearing their cases that they emerged from bankruptcy as of May 24, 2021 [Docket No. 586]. The Debtors' Fourth Amended Plan of Reorganization was...
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FHC Holdings Corporation, et al. – Files First Amended Plan of Liquidation...
May 25, 2021 – The Debtors filed a first amended combined Plan of Liquidation and Disclosure Statement (the "Combined Document") and a blackline showing changes to the version filed on May 5, 2021...
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CarbonLite Holdings LLC – Names Successful Bidders for Dallas Assets ($63.9mn...
May 26, 2021 – Further to the Court’s April 9th bidding procedures order [Docket No. 399] and the completion of auctions on May 24th, the Debtors notified the Court that they have designated (i)...
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Automotores Gildemeister SpA – Files Last-Minute Modifications to Prepackaged...
May 27, 2021 – The Debtors filed a Modified Amended Prepackaged Plan and a related redline (changed pages only) showing changes to the version filed on April 29, 2021 [Docket Nos. 143 and 144,...
View ArticleOak Point Partners, LLC acquires remnant assets of the Agriprocessors, Inc....
July 24, 2019 – Oak Point Partners acquired the remnant assets of the Agriprocessors, Inc. Bankruptcy Estate (Agriprocessors) in July 2019. On November 4, 2008, Agriprocessors filed a voluntary...
View ArticleKumtor Gold Company CSJC – Kyrgyz Affiliates of Canadian Gold Miner Centerra...
(Just filed. Developing story.) May 31, 2021 – Kumtor Gold Company CSJC and one affiliated Debtor (“KGC” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern...
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American Purchasing Services, LLC – Court Converts Chapter 11 Cases to...
June 1, 2021 – Further to the Debtor's verbal, in-Court motion of May 24th (the "Ore Tenus Motion"), the Court hearing the American Purchasing Services, LLC d/b/a American Medical Depot cases has...
View ArticleChina Fishery Group Limited – Chapter 11 Trustee Concludes Market Testing...
June 1, 2021 – The Chapter 11 Trustee appointed to the Debtors’ cases has notified the Court that that no conforming indicative bids had been received for the equity interests of Debtor CFG Peru...
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Katerra, Inc. – High Tech Prefab Construction Specialists Owned by SoftBank...
June 6, 2021 – Katerra, Inc. and 32 affiliated Debtors (“Katerra” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case number...
View ArticleOak Point Partners, LLC acquires remnant assets of the S&A Restaurant Corp.,...
July 26, 2013 – Oak Point Partners acquired the remnant assets of the S&A Restaurant Corp., et al. Bankruptcy Estate in July 2013. On July 29, 2008, S&A Restaurant Corp. and its related...
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Alex and Ani, LLC – Lifestyle Jeweler Files Chapter 11 with $155mn of Debt,...
June 9, 2021 – Alex and Ani, LLC and eight affiliated Debtors (“Alex and Ani” 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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Washington Prime Group Inc. – National Retail REIT Succumbs to “Seismic...
June 13, 2021 – Washington Prime Group Inc. and 88 affiliated Debtors (NYSE: WPG; “WPG” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of...
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