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Peabody Energy Compromise Approval Sought

Peabody Energy filed with the U.S. Bankruptcy Court a motion to compromise a controversy and memorializing the terms of a settlement between Debtor Big Ridge and the United Mine Workers of America...

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Aeropostale Consumer Privacy Ombudsman Appointed

The U.S. Bankruptcy Court approved Aeropostale’s motion for an order directing the U.S. Trustee assigned to the Aeropostale case to appoint a consumer privacy ombudsman in connection with the Debtors’...

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Horsehead Holding Compromise Approved

The U.S. Bankruptcy Court issued an order approving Horsehead Holding’s compromise of controversy with U.S. Bank in its capacity as trustee and collateral agent, the indenture trustee, the ad hoc...

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Key Energy Services, Inc. Plan Support Agreement

On August 24, 2016, Key Energy Services, Inc. and certain of its subsidiaries entered into a plan support agreement with Platinum Equity and certain of the other holders of its 6.75% Senior Notes due...

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Atlas Resource Partners Disclosure Statement Approved, Plan Confirmed

The U.S. Bankruptcy Court issued an order approving Atlas Resource Partners’ Disclosure Statement and concurrently confirming its Joint Prepackaged Chapter 11 Plan of Reorganization. As previously...

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SFX Entertainment Extension Sought

SFX Entertainment filed with the U.S. Bankruptcy Court a second motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and...

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Pacific Sunwear of California Financing Amended

Pacific Sunwear of California filed with the U.S. Bankruptcy Court a seventh amendment to its debtor-in-possession financing agreement. According to documents filed with the Court, “The Prepetition...

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SunEdison Sale Approval Sought

SunEdison filed with the U.S. Bankruptcy Court a motion for entry of an order authorizing and approving (i) the private sale of SunEdison Holdings’ shares in SuneTroughton Farm Solar Limited to...

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Ultra Petroleum Extension Approved

The U.S. Bankruptcy Court approved Ultra Petroleum’s motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through. The order states,...

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Wave Systems Bankruptcy Plan Effective

Wave Systems’ Amended Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The Court confirmed the Plan on August 25, 2016. According to documents filed with the...

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Hancock Fabrics Extension Approved

The U.S. Bankruptcy Court approved Hancock Fabrics’ motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including...

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Pacific WebWorks Disclosure Statement Filed

Pacific WebWorks filed with the U.S. Bankruptcy Court a Disclosure Statement for its Chapter 11 Plan of Liquidation. The Disclosure Statement states, “Outside of the net proceeds from the Asset Sales...

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Magnetation Agreement Reached

According to documents filed with the SEC, AK Steel entered into a global settlement agreement with Magnetation and its affiliates and JPMorgan Chase Bank, Associated Bank and BMO Harris Bank (as...

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Halcon Resources Objections Filed

Multiple parties – including the IRS/USAO; Morascyzk & Polochak and Co-Exprise; the SEC; Cypress Fairbanks ISD, Harris County, Jasper County, Montgomery County, Pecos County, Washington Co FM;...

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Light Tower Rentals Prepackaged Chapter 11 Petition, Plan Filed

Light Tower Rentals and three affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case number 16-34284 (LTR Holdco). The Company,...

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MediaShift Dismissal Sought

MediaShift filed with the U.S. Bankruptcy Court a motion for an order (1) authorizing and directing the distribution of funds of the estates to creditors and (2) dismissing the Debtors’ Chapter 11...

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Paragon Offshore Objection Filed

The U.S. Trustee assigned to the Paragon Offshore case filed with the U.S. Bankruptcy Court an objection to the Debtors’ motion for authority to (i) assume plan support agreement and (ii) modify the...

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SandRidge Energy Extension Approved

The U.S. Bankruptcy Court issued an order approving SandRidge Energy’s motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through...

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Saratoga Resources Objections Filed

The Louisiana Department of Revenue and the State of Louisiana’s Department of Natural Resources filed with the U.S. Bankruptcy Court separate objections to Saratoga Resources’ Joint Chapter 11 Plan of...

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Molycorp Bankruptcy Plan Effective

Molycorp’s Fourth Amended Joint Plan of Reorganization (with technical modifications) became effective, and the Company emerged from Chapter 11 protection under the name Neo Performance Materials. The...

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