Clik here to view.
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...
View ArticleFTX 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...
View ArticleAearo 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,...
View ArticleClik here to view.
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...
View ArticleClik here to view.
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...
View ArticleThe 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...
View ArticleClik here to view.
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...
View ArticleHyreCar, 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...
View ArticleClik here to view.
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)...
View ArticleClik here to view.
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...
View ArticleKidde-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....
View ArticleClik here to view.
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...
View ArticleClik here to view.
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"...
View ArticleClik here to view.
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...
View ArticleClik here to view.
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...
View ArticleClik here to view.
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)...
View ArticleClik here to view.
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...
View ArticleClik here to view.
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)...
View ArticleClik here to view.
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...
View ArticleClik here to view.
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"...
View Article