Amsterdam House Continuing Care Retirement Community, Inc. – Nassau County...
June 14, 2021 – Amsterdam House Continuing Care Retirement Community, Inc. (dba as "The Amsterdam at Harborside," “AHCCRC” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy...
View ArticleU-Haul Co. of West Virginia – Regional Operator of Rental and Storage...
June 16, 2021 – U-Haul Co. of West Virginia (“UHWV” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of West Virginia, lead case number 21-20140...
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Carla’s Pasta, Inc. – Files Amended Plan of Liquidation and Disclosure...
June 18, 2021 – Carla’s Pasta, Inc. (“CPI”) and Suri Realty, LLC (“Suri” and with CPI, the “Debtors”), together with the People’s United Bank, National Association, and BMO Harris Bank NA. (together,...
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Hospitality Investors Trust, Inc. – Court Confirms Hotel REIT’s Prepackaged...
June 23, 2021 – The Court hearing the Hospitality Investors Trust cases issued an order confirming the Debtors’ Prepackaged Plan [Docket No. 126]. On June 14, 2021, the Debtors filed an Amended Plan...
View ArticleEasterday Ranches, Inc. – Mormon Church Emerges Victorious in Auction that...
June 21, 2021 – Further to the Court’s bidding procedures order [Docket No. 664] and an auction held on June 17, 2021, the Debtors have notified the Court of auction results with stalking horse...
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Buckingham Senior Living Community, Inc. – Houston-Based Retirement Community...
June 25, 2021 – Buckingham Senior Living Community, Inc. ("The Buckinghman" or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case...
View ArticleAgilon Energy Holdings II LLC – Houston-Based Generator of Peak Demand Power...
[Just filed. To be Updated] June 27, 2021 – Agilon Energy Holdings II LLC (“Agilon” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas,...
View ArticleGeorge Washington Bridge Bus Station Development Venture LLC – Seeks Court...
June 28, 2021 – The Debtor filed a supplemental motion seeking Court authority (i) to replace its existing, Court-approved, stalking horse (Monarch Alternative Capital LP, or “Monarch”) with DIP lender...
View ArticleBrazos Electric Power Cooperative, Inc. – Seeks Lengthy Extension of Plan...
June 28, 2021 – The Debtor filed a motion to extend the periods during which it has an exclusive right to file a Plan and solicit acceptances thereof, through and including October 27, 2021 and...
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TECT Aerospace Group Holdings, Inc. – Selects Boeing as the Successful Bidder...
June 30, 2021 – Further to the Court’s June 7th bidding procedures order [Docket No. 256] and the completion of an auction held on June 30th, the Debtors notified the Court that they have designated...
View ArticleGeorge Washington Bridge Bus Station Development Venture LLC – Senior...
July 1, 2021 – Certain of the Debtors' prepetition lenders (the "Senior Lenders*") have reacted quickly to the Debtors' motion for Court authority to replace its former, Court-approved, stalking horse...
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TECT Aerospace Group Holdings, Inc. – Files APA in Respect of Boeing’s $20mn...
July 2, 2021 – Further to the Court’s June 7th bidding procedures order [Docket No. 256] and the completion of an auction held on June 30th, the Debtors have now filed an asset purchase agreement (the...
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MatlinPatterson Global Opportunities Partners II L.P. – Dogged by Lengthy...
July 6, 2021 – MatlinPatterson Global Opportunities Partners II L.P. and six affiliated Debtors (“MPII” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern...
View ArticleWashington Prime Group Inc. – Preferred Shareholders Object to Bidding...
July 7, 2021 – An ad hoc committee of preferred shareholders (the “Ad Hoc Committee”) has objected to the Debtors' proposed bidding procedures [Docket No. 237] arguing that they "are merely a device to...
View ArticlePipeline Foods, LLC – Organic Supply Chain Specialist Owned by AMERRA Capital...
[Just filed. Developing story.] July 8, 2021 – Pipeline Foods, LLC and four affiliated Debtors (“Pipeline” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the...
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Katerra, Inc. – Further to Creditors’ Committee Concerns, Seeks to Amend DIP...
July 11, 2021 – The Debtors have filed a motion requesting authority to amend their Senior Secured Super-Priority Debtor-in-Possession Promissory Note (the “DIP Agreement”) pursuant to the terms of an...
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TECT Aerospace Group Holdings, Inc. – Files Revised Executed APA in Respect...
July 12, 2021 – Further to the Court’s June 7th bidding procedures order [Docket No. 256] and an auction held on June 30th [Docket No. 329], the Debtors have filed a revised executed asset purchase...
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TECT Aerospace Group Holdings, Inc. – Court Approves Boeing Bid for Kansas...
July 13, 2021 – Further to the Court’s June 7th bidding procedures order [Docket No. 256] and an auction held on June 30th [Docket No. 329], the Debtors have filed a revised executed asset purchase...
View ArticlePurdue Pharma L.P. – U.S. Trustee Still Not Happy with Sackler Release...
July 19, 2021 – The U.S. Trustee assigned to the Debtors' cases objected to the Debtors' Sixth Amended Plan of Reorganization [Docket No. 3256]. On the same day, a Court-appointed examiner filed a...
View ArticleBouchard Transportation Co., Inc. – Creditors’ Committee Incensed By $5mn of...
July 21, 2021 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) objected to the Debtors’ July 18th designation of Hartree Partners, LP ("Hartree") as a stalking horse bidder,...
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