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The Rockport Company, LLC – Charlesbank Owned Shoe Retailer Files for...
June 14, 2023 – The Rockport Company, LLC and four affiliated debtors (together “Rockport” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware,...
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Bed Bath & Beyond Inc. – Further to Settlement with Creditors’ Committee on...
June 15, 2023 – The Court hearing the Bed Bath & Beyond Inc. cases issued a final order authorizing the Debtors to access: (i) $40.0mn in new money, debtor-in-possession (“DIP”) financing provided...
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The Rockport Company, LLC – Executes Stalking Horse APA with Authentic Brands...
June 21, 2023 –The Debtors have filed an executed stalking horse asset purchase agreement (the “APA”) entered into with ABG-Regatta LLC, a Delaware limited liability company (the “Buyer” or “Stalking...
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Ryze Renewables II, LLC – Court Approves Sale of Assets to Edgewood...
June 22, 2023 – Further a June 13th auction and a June 22nd sale hearing, the Court hearing the Ryze Renewables II cases issued an order approving the sale of the substantially all of the Debtors’...
View ArticleLucira Health, Inc. – Further to Closing of Pfizer Asset Sale, Debtor Looks...
June 22, 2023 – The Debtor filed a motion to extend (for a first time) the periods during which it has an exclusive right to file a Plan, and solicit acceptances thereof, through and including...
View ArticleLordstown Motors Corp. – Electric Pick-Up Truck Specialist Files For Chapter...
June 26, 2023 – Lordstown Motors Corp. and two affiliated debtors (Nasdaq: RIDE; together “Lordstown” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of...
View ArticleLordstown Motors Corp. – Electric Pick-Up Truck Specialist, Looking to Sell...
June 27, 2023 – 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 relation...
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iMedia Brands, Inc. – Media Company “Capitalizing on the Convergence of...
June 29, 2023 – iMedia Brands, Inc. and 11 affiliated debtors (Nasdaq: IMBI*; together “iMedia” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of...
View ArticleVital Pharmaceuticals, Inc. – Absent Further Qualified Bids, Debtors Cancel...
June 28, 2023 – Further to a February 24th bidding procedures order [Docket No. 854] and absent any further qualified bids, the Debtors notified the Court that an oft-delayed auction had been cancelled...
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Sorrento Therapeutics, Inc. – Biopharmaceutical, Waiting on Clarity as to...
June 30, 2023 – The Debtors requested Court authority to: (i) access $21.6mn of junior debtor-in-possession (“DIP”) financing from non-debtor subsidiary Scilex Holding Company (“Scilex,” or the “Junior...
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Alpine Summit Energy Partners, Inc. – Nashville, TN Based O&G, Citing...
[Just filed. Developing story.] July 5, 2023 – Alpine Summit Energy Partners, Inc. and six affiliated debtors (NASDAQ: ALPS; TSXV: ALPS.U; “Alpine Summit” or the “Debtors”) filed for Chapter 11...
View ArticleSVB Financial Group – Court Approves $81mn (plus) Management Buyout of SVB...
July 5, 2023 – The Court hearing the SVB Financial Group case issued an order: (i) approving the sale of the Debtor’s interests in SVB's investment banking business (“SVB Securities*”) to Saffron Buyer...
View ArticleCore Scientific, Inc. – Operator of Blockchain Computer Data Centers Seeks...
July 18, 2023 – The Debtors filed a motion to extend (for a first time) the periods during which they have an exclusive right to file a Plan, and solicit acceptances thereof, through and including...
View ArticleAppHarvest Products, LLC – Appalachia High Tech Indoor Farming Specialist...
[Just filed. Developing story.] July 23, 2023 – AppHarvest Products, LLC and 11 affiliated debtors (Nasdaq: APPH; together “AppHarvest” or the “Debtors”) filed for Chapter 11 protection with the U.S....
View ArticleCenter for Autism and Related Disorders, LLC – Designates Consortium Led by...
July 21, 2023 – Further to a June 16th bidding procedures order [Docket No. 134] and an auction held on July 17th, the Debtors notified the Court that they had selected the "bid package submitted by...
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Bed Bath & Beyond Inc. – With Sales Approved, Former Omnichannel Retailer...
July 21, 2023 – The Debtors filed a Chapter 11 Plan of Reorganization and a related Disclosure Statement [Docket Nos. 1429 and 1437, respectively] and further requested a Court order approving: (i) the...
View ArticleSurge Transportation, Inc. – Specialist, Premium-Priced Freight Broker Files...
July 25, 2023 – Surge Transportation, Inc. (“Surge” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Middle District of Florida, lead case No. 23-01712 (Judge...
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Global Premier Regency Palms Oxnard, LP – Further to Settlement with...
July 24, 2023 – The Debtor requested Court authority to access $12.8mn of debtor-in-possession (“DIP”) financing to be provided by the California Statewide Community Development Authority (the...
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AeroCision Parent, LLC – Aerospace Parts Manufacturer, Part of Bromford Group...
July 31, 2023 – AeroCision Parent, LLC and two affiliates debtors (together “Aerocision” or the “Debtors”) filed for Chapter 11 protection (on a prepackaged basis) with the U.S. Bankruptcy Court in the...
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Yellow Corporation – Century-Old, Less-Than-Truckload Freight Leader Files...
August 6, 2023 – Yellow Corporation and 23 affiliated Debtors (Nasdaq: YELL; “Yellow” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead...
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