Multimedia Platforms Worldwide Chapter 11 Petition Filed
Multimedia Platforms Worldwide and two affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Florida, case number 16-23603. The Company, which...
View ArticleSamson Resources Mediator Sought
Samson Resources filed with the U.S. Bankruptcy Court a motion for entry of an order (a) appointing a mediator and (b) granting related relief. The motion explains, “The Debtors have made efforts to...
View ArticleSandRidge Energy Plan Effective
SandRidge Energy’s Amended Joint Chapter 11 Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on September 20,...
View ArticlePeabody Energy Extension Sought
Peabody Energy 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 seeking entry of a bridge order temporarily extending...
View ArticleGolfsmith International Holdings RSA Approval Sought
Golfsmith International Holdings filed with the U.S. Bankruptcy Court a motion for authority to assume a restructuring support agreement and granting related relief. The motion explains, “Immediately...
View ArticleCaesars Entertainment Operating Company Plan Filed
Caesars Entertainment Operating Company filed with the U.S. Bankruptcy Court a Third Amended Joint Plan of Reorganization. According to documents filed with the Court, “On the Effective Date, OpCo...
View ArticleArch Coal Chapter 11 Plan Effective
Arch Coal’s Fourth Amended Joint Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on September 15, 2016. Arch...
View ArticleGolfsmith International Holdings Objection Filed
Bexar County, Dallas County, Harris County, Montgomery County and Tarrant (jointly, the “Local Texas Tax Authorities”) filed with the U.S. Bankruptcy Court an objection to Golfsmith International...
View ArticleWarren Resources Chapter 11 Plan Effective
Warren Resources’ Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on September 14, 2016. Warren Resources...
View ArticleMurphy Energy Chapter 11 Petition Filed
Privately-held Murphy Energy and eight affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Northern District of Texas, lead case number 16-33974. The Company, which...
View ArticleCaesars Entertainment Operating Company RSAs Filed
Caesars Entertainment Corporation (CEC) and Caesars Entertainment Operating Company (CECO) and its Chapter 11 debtor subsidiaries (collectively, “the Debtors”) jointly announced their entry into...
View ArticleMagnetation Global Settlement Approved
The U.S. Bankruptcy Court approved Magnetation’s joint combined motion and memorandum of law for an order for (i) approving a global settlement agreement, (ii) authorizing the Debtors to wind down...
View ArticleGolfsmith International Holdings Procedures Approved
The U.S. Bankruptcy Court approved Golfsmith International Holdings’ a motion for entry of an order (i)(a) approving bidding procedures for the sale of substantially all of the Debtors’ assets; (b)...
View ArticleWestech Capital Extension Approved
The U.S. Bankruptcy Court Westech Capital’s Chapter 11 trustee’s emergency motion for abatement of the hearing to consider the Company’s First Amended Plan and related Disclosure Statement and a...
View ArticleSunEdison Complaint Filed
Sun Edison shareholder Stephen A. Miller filed with the U.S. Bankruptcy Court a motion to compel the Court to order an investigation by the US Trustee and Federal Bureau of Investigation into alleged...
View ArticleVersar, Inc. Possible Going Concern
In Form NT 10-K filed on September 30, 2016, Versar, Inc. stated that it is currently in default under certain covenants of its current credit facility and is operating under a forbearance agreement...
View ArticleNortel Networks Settlement Executed
Nortel Networks filed with the U.S. Bankruptcy Court a notice of execution of a settlement and plan support agreement. According to documents filed with the Court, “The Parties hereto agree to allocate...
View ArticlePacific WebWorks Disclosure Statement Approved
The U.S, Bankruptcy Court approved Pacific WebWorks’ Disclosure Statement and scheduled a November 23, 2016 hearing to consider the Plan of Liquidation, with objections due by November 10, 2016....
View ArticleEmerald Oil Credit Agreement Amended
Emerald Oil’s administrative agent, Cortland Capital Market Services, filed with the U.S. Bankruptcy Court a notice second D.I.P. financing amendment for the Company’s amended and restated credit...
View ArticleMultimedia Platforms Trustee Sought
White Winston Select Assets Funds filed with the U.S. Bankruptcy Court a motion to appoint a Chapter 11 trustee and motion to prohibit the use of cash collateral in the Multimedia Platforms case. The...
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