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Noranda Aluminum Holding Agreement Approved

The U.S. Bankruptcy Court issued an order approving Noranda Aluminum Holding’s motion for an order approving its entry into a stalking horse agreement and authorizing bid protections in connection with...

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Cosi KERP Approval Sought

Cosi filed with the U.S. Bankruptcy Court a motion for an order approving a key employee retention program (KERP). The motion explains, “As a multi-unit fast- casual restaurant chain, the retention of...

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China Fishery Group Additional Filing Announced

Pacific Andes Development filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, case number 16-12739. The Company, which focuses on the development,...

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C&J Energy Services Compensation Program Approved

The U.S. Bankruptcy Court approved C&J Energy Services’ non-insider compensation program. As previously reported, “This Motion seeks the approval, on a postpetition basis, of the Debtors’...

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Midstates Petroleum Bankruptcy Plan Confirmed

The U.S. Bankruptcy Court confirmed Midstates Petroleum Company’s First Amended Joint Chapter 11 Plan of Reorganization. As previously reported, under the Plan holders of Class 4 – first lien claims...

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SFX Entertainment Loan Amendment Approved

The U.S. Bankruptcy Court issued an order approving and authorizing the Debtors’ entry into an amendment to its incremental foreign loan facility. As previously reported, “In accordance with the Final...

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Pacific WebWorks Objection Filed

The U.S. Trustee assigned to the Pacific WebWorks case filed with the U.S. Bankruptcy Court an objection to the Debtor’s Disclosure Statement. The objection explains, “The Disclosure Statement should...

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Constellation Enterprises Extension Approved

The U.S. Bankruptcy Court approved Constellation Enterprises’ motion to extend by 120 days the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof...

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Emmis Communications Ratings Lowered

On September 29, 2016, S&P Global Ratings lowered its corporate credit rating on Emmis Communications Corporation to CCC from B- and its $205 million senior secured credit facility to CCC+ from B....

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Light Tower Rentals Bankruptcy Plan Confirmed

The U.S. Bankruptcy Court Approved Light Tower Rentals’ Disclosure Statement and concurrently confirmed the Company’s Joint Prepackaged Chapter 11 Plan of Reorganization. As previously reported, “On...

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Horsehead Holding Bankruptcy Plan Effective

Horsehead Holding’s Second Amended Joint Plan of Reorganization with technical modifications became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed...

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Premier Exhibitions Extension Sought

Premier Exhibitions filed with the U.S. Bankruptcy Court a 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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SFX Entertainment Plan Filed

SFX Entertainment filed with the U.S. Bankruptcy Court a Fifth Amended Joint Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The Plan proposes the...

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Magnetation Extension Sought

Magnetation filed with the U.S. Bankruptcy Court a 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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UCI Holdings Plan Filed

UCI Holdings filed with the U.S. Bankruptcy Court a Revised Joint Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The Plan provides for the...

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Garden Fresh Restaurants Holdings Chapter 11 Petition Filed

Privately-held Garden Fresh Restaurants Holdings and four affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 16-12174...

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Hanson Permanente Cement Chapter 11 Petition Filed

Privately-held Hanson Permanente Cement (f/k/a Kaiser Cement) and one wholly-owned subsidiary filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Western District of North Carolina,...

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Core Resource Management Dismissal, Trustee Sought

Core Resource Management’s official unsecured creditors’ committee filed with the U.S. Bankruptcy Court a joint motion to dismiss Nitro Petroleum’s Chapter 11 proceeding. The motion explains, “The...

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SFX Entertainment Disclosure Statement Approved

The U.S. Bankruptcy Court approved SFX Entertainment’s Disclosure Statement and scheduled a November 9, 2016 hearing to consider the Fifth Amended Joint Plan of Reorganization. According to documents...

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Arch Coal Credit Agreement Amended

According to documents filed with the SEC, Arch Coal entered into an amendment to its D.I.P. credit agreement, which (i) extended the availability period to borrow under the D.I.P. facility and (ii)...

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