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GBG USA Inc. – After Notice of Default, Sale of Aquatalia Assets to Saadia...

October 15, 2021 – The Court hearing the GBG USA cases issued an amended order approving the sale of Aquatalia Assets to Saadia Group LLC (the “Purchaser”) with that order now reflecting a reduced cash...

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Fresh Acquisitions, LLC (Buffets) – Further to Asset Sale, Committee Files...

October 18, 2021 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) filed a Plan of Liquidation and a related Disclosure Statement [Docket Nos. 478 and 479, respectively]; and...

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LATAM Airlines Group S.A. – Court Approves $750mn Tranche B DIP Facility...

October 18, 2021 – The Court hearing the LATAM Airlines Group S.A cases issued an order authorizing the Debtors to access $750.0mn of Tranche B debtor-in-possession (“DIP”) financing on a final basis...

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The Paper Store, LLC – Further to Going Concern Sale to Group Led by WS...

October 21, 2021 – Further to the completion of an asset sale process, the Court hearing the Paper Store cases issued an order approving the Debtors' request for a "structured dismissal" of their...

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Destination Maternity Corporation – Debtors in Third Year of Chapter 11 (and...

October 22, 2021 – The Debtors filed a motion to induce dismiss their Chapter 11 cases, arguing that “there are insufficient funds available to confirm a plan of liquidation” although they do...

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Finacity Corporation Teams Up With Germany’s DZ Bank in $150mn Trade...

October 26, 2021 – Freshly detached from the Greensill Capital Inc. Chapter 11 case and now owned by White Oak Global Advisors, LLC (“White Oak”), Finacity Corporation ("Finacity") teamed up with...

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Seadrill Limited – Court Confirms Global Offshore Drilling Contractor’s Plan...

October 26, 2021 – The Court hearing the Seadrill Limited cases issued an order confirming the Debtors’ Second Amended Chapter 11 Plan of Reorganization [Docket No. 1158]. On February 10, 2021,...

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Brazos Electric Power Cooperative, Inc. – Seeks Lengthy Second Extension of...

October 27, 2021 – The Debtor 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...

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Brazos Electric Power Cooperative, Inc. – Seeks Lengthy Second Extension of...

October 27, 2021 – The Debtor 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...

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GTT Communications, Inc. – Global Provider of Connectivity and Internet...

October 31, 2021 – GTT Communications, Inc. and nine affiliated debtors (“GTT” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York,...

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Oak Point Partners, LLC acquires remnant assets of the GT Brands Holdings...

June 29, 2010 – Oak Point Partners acquired the remnant assets of the GT Brands Holdings LLC, et al., Bankruptcy Estates in June 2010. On July 11, 2005, GT Brands Holdings LLC and its related entities...

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Avianca Holdings S.A. – Court Confirms Further Modified Third Amended Plan;...

November 2, 2021 – The Court hearing the Avianca Holdings S.A. cases confirmed the Debtors’ further Modified Third Amended Plan [Docket No. 2300]. On May 10, 2020, Avianca Holdings S.A. and 38...

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LATAM Airlines Group S.A. –Court Approves Fifth Extension of Exclusivity...

November 2, 2021 – The Court hearing the LATAM Airlines Group S.A. cases has extended (for a fifth time) the periods during which the Debtors have an exclusive right to file a Chapter 11 Plan, and...

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96 Wythe Acquisition LLC – Operator of “Brooklyn-Centric” Williamsburg Hotel...

November 3, 2021 – The Debtor filed a Second Amended Plan and a related Disclosure Statement (the Plan attached as Exhibit A to the Disclosure Statement) and blacklines of each showing changes to the...

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AH Liquidation, Inc (f/k/a Avadim Health, Inc.) – Further to Going Concern...

November 5, 2021 – The Court hearing the AH Liquidation cases confirmed the Plan element of the Plan Proponents’* Second Amended Combined Plan of Liquidation and Disclosure Statement on a final basis...

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Alpha Latam Management, LLC – Selects CFG Partners (Controlled by Bay Boston...

November 5, 2021 – Further to a September 15th bidding procedures order [Docket No. 198] and November 4th auction, the Debtors notified the Court that they had selected CFG Partners Colombia SAS ("CFG...

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Limetree Bay Refining, LLC – Seeks 60-days Extension of Exclusive Plan Filing...

November 8, 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 January...

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Tenrgys, LLC – Ridgeland, Mississippi O&G Files First Amended Plan and...

November 8, 2021 – The Debtors filed a First Amended Plan of Reorganization and a related Disclosure Statement [Docket Nos. 273 and 272, respectively], and separately filed redlines of each document...

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Teligent, Inc. – Generic Pharmaceutical Seeks Court Approval to Sell R&D...

November 9, 2021 – The Debtors, a New Jersey-based specialty generic pharmaceutical company, filed a motion requesting approval for procedures relating to the private sale (the “Sale”) of $3.0mn of...

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Entrust Energy, Inc. – Files Amended Joint Plan of Liquidation and Disclosure...

November 10, 2021 – In advance of their November 10th Disclosure Statement hearing, the Debtors filed an Amended Plan of Liquidation and a related Disclosure Statement with each attaching a redline...

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