Aluminum Shapes, L.L.C. – Files Bidding Procedures Motion as Role of Reich...
September 14, 2021 – The Debtor filed a motion requesting each of a bidding procedures order and a sales order [Docket No. 94]. The bidding procedures order would (i) approve proposed bidding...
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Avianca Holdings S.A. – Court Approves Disclosure Statement (With Updates on...
September 15, 2021 – The Court hearing the Avianca Holdings cases issued an order approving (i) the Debtors’ Disclosure Statement, (ii) proposed Plan solicitation and voting procedures and (iii) a...
View ArticleGBG USA Inc. – Saadia Group Snipes Aquatalia Assets at September 15th...
September 16, 2021 – Further to a September 15th auction, the Debtors have filed a notice (i) naming Saadia Group LLC ("Saadia") as the Successful Bidder for its "Aquatalia Assets" and (ii) adjourned...
View ArticleBasic Energy Services, Inc. – Announces Results of Auction as Trio of Asset...
September 16, 2021 – Further to a September 15th auction, the Debtors have filed a notice of successful bidders [Docket No. 366] which designates the winning bidder in respect of each of three asset...
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Alex and Ani, LLC – Files Second Amended Joint Plan of Reorganization as...
September 16, 2021 – The Debtors filed a Second Amended Joint Chapter 11 Plan of Reorganization and separately filed a redline showing changes to the version filed on August 18, 2021 [Docket Nos. 430...
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Alpha Latam Management, LLC – Seeks Approval of $137.2 Stalking Horse...
September 22, 2021 – Further to the Court's September 15th bidding procedures order [Docket No. 198], the Debtors have now filed a motion seeking authority to enter into a stalking horse arrangements...
View ArticleTECT Aerospace Group Holdings, Inc. – Court Extends Again the Maturity Date...
September 27, 2021 – The Court hearing the TECT Aerospace Group Holdings cases issued a further amended final debtor-in-possession ("DIP") order which extends the “Maturity Date” in respect of the...
View ArticleSVXR, Inc. – Bankruptcy Unicorn? Further to Bruker Nano Sale, Debtor Seeks...
September 27, 2021 – The Debtor filed a motion seeking dismissal of its Chapter 11 case [Docket No. 125]. As the Debtor, founded in 2013 to provide "high speed inspection and metrology technology to...
View ArticleU.S. Bankruptcy Judge Robert D. Drain to Retire on June 30, 2022
September 28, 2021 – The U.S. Bankruptcy Court for the Southern District of New York issued a press release announcing that Judge Robert D. Drain has declared his intention to retire on June 30, 2022....
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Easterday Ranches, Inc. – Seeks Second Lengthy Extension of Plan Exclusivity...
September 28, 2021 – The Debtors filed a motion to extend the periods during which they have an exclusive right to file a Chapter 11 Plan, and solicit acceptances thereof, through and including...
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Fresh Acquisitions, LLC (Buffets) – Notifies Court of Results of Dynamic,...
October 4, 2021 – Further to a September 21st bidding procedures order [Docket No. 436] and the completion of an auction held on October 1st, the Debtors notified the Court that they have designated...
View ArticleForever 21, Inc. – Further to Resolution of U.S. Trustee’s Objection, Court...
October 4, 2021 – Further to the Debtors' request, the Court hearing the Forever 21 Cases has issued an order approving procedures for the dismissal of the Debtors’ Chapter 11 cases [Docket No. 2118]....
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Markel CATCo Reinsurance Fund Ltd. – Files Chapter 15 Bankruptcy; Private and...
October 5, 2021 – Markel CATCo Reinsurance Fund Ltd. and three affiliated Debtors (“[Markel CATCo” or the “Debtors”) filed for Chapter 15 protection with the U.S. Bankruptcy Court in the Southern...
View ArticleCMC II, LLC – Court Approves Sale to Non-Debtor Affiliate and DIP Lender...
October 6, 2021 – The Court hearing the CMC II, LLC cases has issued an order approving the sale of substantially all of the Debtors' assets to CPSTN Operations LLC ("CPSTN" or the "Purchaser," a...
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GVS Texas Holdings I, LLC – As Promised in October 4th Disclosure Statement,...
October 6, 2021 – The Debtors filed a bidding procedures motion [Docket No. 213] which requests Court approval of (i) proposed bidding procedures for a sale of substantially all of Debtors' assets and...
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Fresh Acquisitions, LLC (Buffets) – Famous Dave and Tahoe Joe Brought...
October 7, 2021 – Further to a September 21st bidding procedures order [Docket No. 436] and the completion of an auction held on October 1st, the Court hearing the Fresh Acquisitions cases issued an...
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CMC II, LLC – Further to Settlements and Court Approval of Asset Sale,...
October 8, 2021 – Further to key settlements and Court approval of the Debtors' asset sale to non-debtor affiliate CPSTN Operations, the Debtors have now filed a Combined Plan of Liquidation and...
View ArticleSequential Brands Group, Inc. – Designates Jessica Simpson’s With You, Inc....
October 8, 2021 – Further the Court's September 24th bidding procedures order [Docket No. 138], the Debtors have now designated With You, Inc. (“With You”) as the stalking horse bidder in respect of a...
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Red River Waste Solutions, LP – Privately Held, Texas-Based Waste Managment...
October 14, 2021 – Red River Waste Solutions, LP (“Red River” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Northern District of Texas, lead case number...
View ArticleTECT Aerospace Group Holdings, Inc. – Court Grants 90-Days Extension of...
October 14, 2021 – The Court hearing the TECT Aerospace Group Holdings 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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