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Lannett Company, Inc. – As Flagged in May 1st Announcement, Leading Generic...

May 2, 2023 – Lannett Company, Inc. and three affiliated debtors (NYSE: LCI*, together “Lannett” or the “Debtors”) filed for Chapter 11 protection (on a "prepackaged basis") with the U.S. Bankruptcy...

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FTX Trading Ltd – Court Approves Sale of Non-Debtor LedgerX Business ($35mn...

April 25, 2023 – Further to a January 12th bidding procedures order [Docket No. 487], the Debtors notified the Court that they had canceled an auction scheduled for April 26th and designated M 7...

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Aearo Technologies LLC – Gets 42-Day (Bridge) Extension of Exclusivity...

May 3, 2023 – The Court has approved the Debtors' request to extend the periods during which they have an exclusive right to file a Plan and solicit acceptances thereof, through and including June 26,...

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Bighorn Restaurants, LLC – Operator of 108 Hardee’s Restaurants Files for...

May 4, 2023 – Bighorn Restaurants, LLC and five affiliated debtors (together “Bighorn” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Colorado, lead...

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Tru Grit Fitness LLC – Fitness Equipment Provider Pumped Up (and Then...

May 5, 2023 – The Debtor notified the Court that its Plan of Reorganization had become effective as of May 1, 2023 [Docket No. 211]. The Court had previously confirmed the Debtor’s Plan on April 5th...

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The Pill Club Pharmacy Holdings, LLC – Seeks Approval of Bidding Procedures...

May 5, 2023 – The Debtors filed a bidding procedures motion [Docket No. 119] which requests (i) approval of bidding procedures in relation to the sale of certain of the Debtors’ assets (namely customer...

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Vyera Pharmaceuticals, LLC – Biopharmaceutical Infamous for Martin Shkreli’s...

May 9, 2023 – Vyera Pharmaceuticals, LLC and five affiliated debtors (together, "Vyera*" or the “Debtors”) filed for Chapter 11 protection (subchapter V) with the U.S. Bankruptcy Court in the District...

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HyreCar, Inc. – Designates Peer-to-Peer Car Rental Specialist Getaround, Inc....

May 9, 2023 – Further to a March 17th bidding procedures order [Docket No. 140] and an auction concluded on May 8th, the Debtor designaged, Getaround, Inc.* (“Getaround”) as the successful bidder in...

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Bighorn Restaurants, LLC – Operator of 108 Hardee’s Restaurants Seeks...

May 11, 2023 – The Debtors filed a bidding procedures motion [Docket No. 92] seeking: (i) approval of bidding procedures in relation to the sale of the substantially all of the Debtors’ assets, (ii)...

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Athenex, Inc. – Buffalo, NY Biopharmaceutical Files for Bankruptcy with...

[Just filed. Developing story.] May 14, 2023 – Athenex, Inc. and five affiliated debtors (NASDAQ: ATNX*,  together “Athenex” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy...

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Kidde-Fenwal, Inc. – Industrial Fire Detection and Suppression Company Owned...

[Just filed. Developing story.] May 14, 2023 – Kidde-Fenwal, Inc. (“KFI” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case No....

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Venator Materials PLC – Global Chemicals Manufacturer Files Prepackaged...

May 14, 2023 – Venator Materials PLC and 23 affiliated debtors (NYSE: VNTR; together, “Venator” or the “Debtors”) filed for Chapter 11 protection (on a "prepackaged*" basis) with the U.S. Bankruptcy...

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Monitronics International Inc – Brinks Home Opeartor Files for Bankruptcy for...

May 14, 2023 – Monitronics International Inc and nine affiliated debtors (dba "Brinks Home," together “Monitronics” or the “Debtors”) filed for Chapter 11 protection (on a "partially prepackaged"...

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Vice Group Holding Inc. – Global Multi-Platform Media Company Files for...

May 15, 2023 – Vice Group Holding Inc. and 31 affiliated debtors (together “Vice Media” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New...

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MLCJR LLC – Privately-Held Gulf of Mexico E&P Cox Oil, Buffeted by Low...

May 15, 2023 – The Debtors requested Court authority to: (i) access $75.0mn in new money debtor-in-possession (“DIP”) financing (including $50.0mn on an interim basis) to be provided by prepetition...

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Bighorn Restaurants, LLC – Operator of 108 Hardee’s Restaurants Seeks...

May 11, 2023 – The Debtors filed a bidding procedures motion [Docket No. 92] seeking: (i) approval of bidding procedures in relation to the sale of the substantially all of the Debtors’ assets, (ii)...

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Bighorn Restaurants, LLC – Executes $11.7mn APA with Affiliate of High Bluff...

May 15, 2023 –The Debtors have filed an executed stalking horse asset purchase agreement (the “APA”) entered into with ARC Burger, LLC* (the “Stalking Horse Bidder,” $11.7mn cash purchase price with...

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MLCJR LLC – Privately-Held Gulf of Mexico E&P Cox Oil, Buffeted by Low...

May 16, 2023 – The Court hearing the MLCJR LLC cases has given the Debtors authority to: (i) access $75.0mn in new money debtor-in-possession (“DIP”) financing (including $50.0mn on an interim basis)...

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Venator Materials PLC – Interim Order Unlocks $100mn of New Money DIP...

May 16, 2023 – The Court hearing the Venator Materials cases issued an order authorizing the Debtors to: (i) access up to $100.0mn in new money, debtor-in-possession (“DIP”) financing being provided by...

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Monitronics International Inc – Brinks Home Operator Files for Bankruptcy for...

May 14, 2023 – Monitronics International Inc and nine affiliated debtors (dba "Brinks Home," together “Monitronics” or the “Debtors”) filed for Chapter 11 protection (on a "partially prepackaged"...

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