Crestlloyd, LLC – Debtor Calls Out Putin for Disappointing Auction Results;...
March 8, 2022 – The Debtor's filed a motion seeking approval of the sale of its real property located at 944 Airole Way, Los Angeles, CA 90077 (the “Property”) to Richard Saghian who was the winning...
View ArticlePermico Midstream Partners Holdings, LLC – Court Approves $3.7mn Asset Sale...
March 1, 2022 – The Court hearing the Permico Midstream Partners Holdings cases issued an order approving the $3.7mn sale of substantially all of the Debtors’ assets to Permico Founders, LLC (the...
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Nordic Aviation Capital Designated Activity Company – Files Third Amended...
March 9, 2022 – The Debtors filed a third Amended Plan of Reorganization and a related Disclosure Statement [Docket Nos. 513 and 515, respectively] with each attaching a redline showing changes to the...
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Klausner Lumber Two LLC – After Court Steps Truce with Objector Carolina...
March 10, 2022 – The Court hearing the Klausner Lumber Two case issued an order confirming the First Amended Plan of Liquidation filed by the Debtor and its Official Committee of Unsecured Creditors...
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Rockall Energy Holdings, LLC – Seeks Approval of Bidding Procedures for...
March 10, 2022 – The Debtors filed a motion requesting each of a bidding procedures order and a sale order [Docket No. 16]. The bidding procedures order would (i) approve bidding procedures in respect...
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GVS Portfolio I B, LLC – Following Stipulation Amongst Debtors and Natin...
March 16, 2022 – At a March 16th hearing, the Court hearing the GVS Portfolio I B cases confirmed the Debtors' Fourth Amended Plan of Reorganization. An order has yet to be filed by the Court, but the...
View ArticleLimetree Bay Refining, LLC – Creditors’ Committee, Happy with Asset Sale and...
March 22, 2022 – Following up on their objection to the Debtors' request for a third set of exclusivity extensions [Docket No. 1199] which flagged their strong preference for a quick dismissal of the...
View ArticleVolunteer Energy Services Inc. – Privately Held Midwestern Natural Gas and...
March 25, 2022 – Privately held* Volunteer Energy Services Inc. (“VESI” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Ohio, lead case...
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Rockall Energy Holdings, LLC – U.S. Trustee Objects to DIP Financing Citing...
March 25, 2022 – The U.S. Trustee assigned to the Debtors' cases has objected to the Debtors’ proposed debtor-in-possession ("DIP") financing [Docket No. 152] arguing that it would grant "a...
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Rockall Energy Holdings, LLC – Creditors’ Committee Moves to Reserve Rights...
March 28, 2022 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) filed a motion asking the Court to reconsider a March 14th bidding procedures order in respect of a sale of...
View ArticleAlto Maipo Delaware LLC – Creditors’ Committee and U.S. Trustee File...
March 29, 2022 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) and the U.S. Trustee assigned to the Debtors' cases have each filed objections to the Debtors’ Disclosure...
View ArticleMD Helicopters, Inc. – Zohar Portfolio Company Seeks Approval of Bidding...
March 30, 2022 – The Debtors filed a motion requesting each of a bidding procedures order and a sale order [Docket No. 28]. The bidding procedures order would approve (i) bidding procedures in relation...
View ArticleSalem Harbor Power Development LP (f/k/a Footprint Power Salem Harbor...
March 31, 2022 – The Debtors filed a motion requesting a Court order that (i) approve bidding procedures in respect of a sale of substantially all of the Debtors' assets, (ii) authorize the Debtors to...
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Alto Maipo Delaware LLC – Files Revised Chapter 11 Plan and Disclosure...
April 4, 2022 – The Debtors filed a Revised Chapter 11 Plan and a related Disclosure Statement [Docket Nos. 435 and 436, respectively]; and separately filed blacklines of each showing changes to the...
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Rockdale Marcellus, LLC – Unsecured Creditor Tilden Marcellus Objects...
April 6, 2022 – General unsecured creditor Tilden Marcellus, LLC has objected (again) to the Debtors’ Second Amended Combined Plan of Liquidation and Disclosure Statement (the “Combined Document”)...
View ArticleEctor County Energy Center LLC – Odessa, Texas “Peaker” Power Provider Files...
April 11, 2022 – Ector County Energy Center LLC (“ECEC” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, case number 22-10320 (Judge TBA)....
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Agilon Energy Holdings II LLC – Absent Plan Provisions to Adequately Fund...
April 18, 2022 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) filed a motion to dismiss the Debtors’ Chapter 11 cases or alternatively convert the cases to Chapter 7,...
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Onetime Artworld Phenom Louise Blouin Forced to Put Affiliate Holding $60mn...
April 30, 2022 – Brickchurch Enterprises, Inc. (“BCE” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Eastern District of New York, lead case number 22-70914...
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WC Braker Portfolio, LLC – Natin Paul Controlled Owner of Austin, Texas...
[Just filed. Developing story] May 2, 2022 – WC Braker Portfolio, LLC (“WC Braker” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Western District of Texas, lead...
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Brazos Electric Power Cooperative, Inc. – Court Allows Third Extension of...
May 4, 2022 – The Court hearing the Brazos Electric Power Cooperative case has extended the periods during which the Debtor has an exclusive right to file a Plan and solicit acceptances thereof,...
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