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Nielsen & Bainbridge, LLC – In Advance of a Likely Contentious March 1st...

February 27, 2023 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) filed an omnibus objection which takes issue with: (i) the Debtors' debtor-in-possession ("DIP") financing...

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NewAge, Inc – Following Resolution of Post-Sale Dispute Over Ownership of...

March 1, 2023 – The Court hearing the Compute NewAge cases issued an order confirming the Debtors’ Third Amended Combined Plan of Liquidation and Disclosure Statement [Docket No. 527]. Case Evolution...

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Tuesday Morning Corporation – In Yet Another Significant Turn in Chaotic...

March 2, 2023 – In what is a third shift in proposed debtor-in-possession ("DIP") financing arrangements in under three weeks, the clearly rudderless* Debtors are looking for Court authority to ditch...

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Ryze Renewables II, LLC – Developers of Las Vegas Biofuel Refinery File for...

March, 2023 – Privately held yze Renewables II, LLC  and one affiliated debtor (together “Ryze” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of...

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Loyalty Ventures Inc. – Provider of “Consumer Loyalty Solution” Files for...

(Just filed. Developing story.) March 10, 2023 – Loyalty Ventures Inc.* and three affiliated debtors (Nasdaq: LYLT; together “LVI” or the “Debtors”) filed for Chapter 11 protection with the U.S....

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Casner & Edwards, LLP Client Opus Consulting Completes First New England...

March 9, 2023 – Opus Consulting Partners LLC (“Opus Consulting”), which is represented by Casner & Edwards, LLP, announced completion of the sale of the business operations and assets of Ermont,...

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Borrego Community Health Foundation – Further to DHCS Settlement and...

March 13, 2023 – The Court hearing the Borrego Community Health Foundation case issued an order approving the sale of substantially all of the Debtor’s asset ($50.0mn purchase price) to stalking horse...

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Cineworld Group Plc – “Nearly” There on Replacement DIP Financing and...

March 13, 2023 – The Debtors filed a motion to extend (for a second time) the periods during which they have an exclusive right to file a Chapter 11 Plan and solicit acceptances thereof, through and...

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Pear Therapeutics engages MTS Health Partners, L.P

BOSTON–(BUSINESS WIRE)–Pear Therapeutics, Inc. (Nasdaq: PEAR) (“the Company”), the leader in developing and commercializing software-based medicines called prescription digital therapeutics (PDTs),...

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Performance Powersports Group Investor, LLC – Willing to Split Proceeds of...

March 17, 2023 – In advance of a March 20th hearing, the Debtors (in conjunction with their credit bidding stalking horse, the "Stalking Horse Bidder*") filed a further revised stalking horse asset...

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Barnes and Noble Education ($BNED) engages Houlihan Lokey

University bookstore operator Barnes and Noble Education (BNED) hired Houlihan Lokey according to a report by Bloomberg.  The article cited declining college enrollments and loans maturing later next...

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Times Square JV LLC – Owner of Times Square Property Wins Confirmation of...

March 21, 2023 – Further to agreements reached at a March 16th Plan confirmation hearing (as reflected in the March 17th Plan and amended confirmation order, see below), the Court hearing the Times...

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Stimwave Technologies Incorporated – Two Weeks After Arrest of Former CEO for...

March 21, 2023 – The Court hearing the Stimwave Technologies cases issued an order confirming the Debtors’ Second Amended Plan of Liquidation [Docket No. 791]. In a related development, on March 9th,...

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Starry Group Holdings, Inc. – Court Approves Bidding Procedures as Part of...

March 21, 2023 – The Court hearing the Starry Group Holdings cases issued an order: (i) approving bidding procedures in relation to the sale of substantially all of the Debtors’ assets and/or...

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Amsterdam House Continuing Care Retirement Community, Inc. (2023) – $80mn...

[Just filed. Developing story.] March 22, 2023 – Amsterdam House Continuing Care Retirement Community, Inc. (d/b/a as “The Amsterdam at Harborside,” “AHCCRC” or the “Debtor”) filed for Chapter 11...

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TOMS King (Ohio) LLC – Files Results of 90-Store Auction; Karali, Burger...

March 22, 2023 – Further to a March 8th bidding procedures order [Docket No. 351] and an auctionheld on March 21st, the Debtors notified the Court that Winning Bidders had been designated in respect of...

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Better Nutritionals, LLC – Creditors’ Committee Objects to Debtor’s Proposed...

March 22, 2023 – The Debtor's Official Committee of Unsecured Creditors (the “Committee”) objected to the Debtor’s March 20th motion to convert its Chapter 11 case to a case under Chapter 7 [Docket No....

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Codiak BioSciences, Inc. – Clinical Stage Cambridge, Mass Biopharmaceutical...

[Just filed. Developing story.] March 27, 2023 – Publicly traded Codiak BioSciences, Inc. and one affiliated debtor (Nasdaq: CDAK; “Codiak” or the “Debtors”) filed for Chapter 11 protection with the...

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SVB Financial Group – First Citizens BancShares to Acquire Silicon Valley...

March 27, 2023 – First Citizens BancShares has announced that it will acquire Silicon Valley Bank ("SVB") further to which it will purchase about $72.0bn in loans at a discount of $16.5bn and the...

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PacificCo Inc. – In-Store Marketing Specialist Files for Chapter 11 (Again)...

March 28, 2023 – PacificCo Inc. and 14 affiliated debtors (dba Catalina, together “PacificCo” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District...

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