James River Coal Company Plan Filed
According to the U.S. Bankruptcy Court docket, James River Coal Company filed a Second Amended Plan of Liquidation. The Plan adds the following text, “Upon dissolution of the Liquidating Debtors in...
View ArticleRCS Capital Objections Filed
According to the U.S. Bankruptcy Court docket, the U. S. Trustee assigned to the RCS Capital case filed an objection to the Company’s motion for an order to assume the restructuring support agreement...
View ArticleMidway Gold Extension Sought
According to the U.S. Bankruptcy Court docket, Midway Gold filed a third motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof by...
View ArticleRed Mountain Resources Chapter 11 Petition Filed
According to the U.S. Bankruptcy Court docket, Red Mountain Resources (f/k/a Teaching Time) and three affiliated Debtors filed for Chapter 11 protection in Austin, TX. The Company, which engages in the...
View ArticleBilzin Sumberg Fellow Announced
Bilzin Sumberg announced that Real Estate and Business Finance & Restructuring Partner Mindy A. Mora was named a 2016 Fellow of the American College of Commercial Finance Lawyers, a distinction...
View ArticleBoomerang Systems Plan Confirmed
According to the U.S. Bankruptcy Court docket, the Court confirmed Boomerang Systems’ First Amended Joint Combined Disclosure Statement and Plan of Liquidation. As previously reported, “The Plan...
View ArticleAffirmative Insurance Holdings Dismissal Denied, Conversion Approved
The U.S. Bankruptcy Court issued an order denying the motion filed by Affirmative Insurance Holdings’ Court-affirmed rehabilitator seeking to dismiss the Chapter 11 proceeding. The order states, “Upon...
View ArticleKaloBios Pharmaceuticals LOI Approval Sought
According to the U.S. Bankruptcy Court docket, KaloBios Pharmaceuticals filed a motion for an order (i) approving the Debtor’s entry into certain letter of intent (LOI) and annexed term sheet between...
View ArticleSFX Entertainment Ombudsman Appointment Sought
SFX Entertainment filed with the U.S. Bankruptcy Court a motion for an order directing the U.S. Trustee assigned to the case to appoint a consumer privacy ombudsman (CPO). The motion explains, ” On...
View ArticleESP Resources Chapter 11 Petition Filed
According to the U.S. Bankruptcy Court docket, ESP Resources (f/k/a/ Pantera Petroleum) and wholly-owned subsidiary ESP Petrochemicals filed for Chapter 11 protection in the Southern District of Texas....
View ArticleWalter Energy Plan Liquidation Sought
Walter Energy (WEI) filed with the U.S. Bankruptcy Court a motion authorizing the Debtors to surrender and liquidate its Provident Life and Accident Insurance Company Plan Number 61002. The motion...
View ArticleOsage Exploration and Development EIP Approval Sought
According to the U.S. Bankruptcy Court docket, Osage Exploration and Development filed a motion for entry of an order authorizing and approving an employee incentive plan (EIP). The motion explains,...
View ArticleHancock Fabrics Consulting Agreement Filed
According to the U.S. Bankruptcy Court docket, Hancock Fabrics filed a motion for order (i) authorizing and approving assumption of a pre-petition consulting agreement with respect to its Crystal Lake...
View ArticleHancock Fabrics Privacy Ombudsman Appointed
According to the U.S. Bankruptcy Court docket, the Court issued an order directing the U.S. Trustee assigned to the Hancock Fabrics’ case to appoint a consumer privacy ombudsman. The notice states,...
View ArticleSwift Energy Updated Business Plan Filed
According to the U.S. Bankruptcy Court docket, Swift Energy filed an updated business plan, which notes, “Senior management…has prepared an updated set of financial projections for the nine months...
View ArticleLife Partners Holdings Lawsuits Filed
Life Partners Holdings’ Chapter 11 trustee, H. Thomas Moran, II (who is also the sole director of the Company’s direct and indirect subsidiaries), announced the filing of several additional lawsuits...
View ArticleAmeriResource Technologies Plan Filed
According to the U.S. Bankruptcy Court docket, AmeriResource Technologies filed a Chapter 11 Plan of Reorganization and related Disclosure Statement, which notes, “In an effort to remedy the problems...
View ArticleNew Source Energy Partners Chapter 7 Petition Filed
According to the U.S. Bankruptcy Court, New Source Energy Partners and New Source Energy GP filed for Chapter 7 protection in Wilmington, DE. The Company, which is engaged in the development and...
View ArticleSanta Fe Gold Case Dismissed
The U.S. Bankruptcy Court approved Santa Fe Gold’s motion for entry of an order dismissing the Chapter 11 cases and granting related relief. As previously reported, the Company had argued, “The Court...
View ArticleSFX Entertainment Objection Filed
According to the U.S. Bankruptcy Court docket, the U.S. Trustee assigned to the SFX Entertainment case filed an objection to the Debtors’ motion to implement (i) a key employee incentive plan and (ii)...
View Article