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Chaparral Energy Extension Approved

The U.S. Bankruptcy Court approved Chaparral Energy’s 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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Golfsmith International Holdings Procedures, Bonus Program Approved

The U.S. Bankruptcy Court issued a final order approving Golfsmith International Holdings’ emergency motion for approval of (i) procedures for store closing sales, (ii) assumption of the liquidation...

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UCI Holdings Extension Approved

The U.S. Bankruptcy Court issued an order approving UCI Holdings’ motion to extend the exclusive period by 90 days during which the Company can file a Chapter 11 plan and solicit acceptances thereof...

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Core Resource Management Plan Filed

Core Resource Management filed with the U.S. Bankruptcy Court a Chapter 11 Plan of Reorganization and related Disclosure Statement. The Disclosure Statement asserts, “Administrative and other Priority...

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SunEdison Investigation Initiated

According to documents filed with the SEC, SunEdison’s senior vice president, general counsel and corporate secretary, Martin H. Truong, notes that the Company received notice that the SEC is...

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Pacific Drilling S.A. Downgraded

On October 11, 2016, Moody’s Investors Service downgraded Pacific Drilling S.A.’s (PacDrilling) corporate family rating to Caa3 from Caa2, its probability of default rating to Caa3-PD from Caa2-PD and...

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Nutroganics Chapter 7 Petition Filed

Nutroganics (f/k/a NutraBev International Holdings and Microlog Delaware) and two affiliated Debtors filed for Chapter 7 protection with the U.S. Bankruptcy Court in the District of Delaware, case...

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UCI Holdings Backstop Commitment Agreement Approved

The U.S. Bankruptcy Court issued an order approving UCI Holdings’ motion to authorize and approve its (a) entry into a backstop commitment agreement and (b) payment of the backstop fees and expenses....

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Emerald Oil Extension Sought

Emerald Oil filed with the U.S. Bankruptcy Court a second motion to extend by 120 days the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through...

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ScripsAmerica Bid Procedures Approval Sought

ScripsAmerica filed with the U.S. Bankruptcy Court a motion for an order (a) approving certain bid procedures in connection with the Debtor’s sale of certain of its assets, approving the form of the...

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Breitburn Energy Partners Objection Filed

Breitburn Energy Partners’ official committee of unsecured creditors filed with the U.S. Bankruptcy Court an objection to the Debtors’ motion to extend its exclusivity periods. The objection explains,...

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Atna Resources Plan Filed

Atna Resources filed with the U.S. Bankruptcy Court an Amended Chapter 11 Plan of Liquidation and related Disclosure Statement. According to the Disclosure Statement, “The Debtors have sold all of...

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Hancock Fabrics Objection Filed

Pension Benefit Guaranty Corporation (PBGC’S) filed with the U.S. Bankruptcy Court a limited objection to Hancock Fabrics’ agreement with PBGC terminating the pension plan and appointing PBGC as...

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Energy Future Holdings Leadership Team Announced

Energy Future Holdings (EFH) announced the appointment of a new leadership team effective as of October 4, 2016. The new team, each of whom was formerly with EFH, is charged with overseeing the...

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Midway Gold Extension Sought

Midway Gold filed with the U.S. Bankruptcy Court a fifth motion to extend by 90 days the exclusive period during which the Company can solicit plan acceptances through and including January 15, 2017....

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UCI Holdings Disclosure Statement Approved

The U.S. Bankruptcy Court approved UCI Holdings’ Disclosure Statement and scheduled a December 6, 2016 hearing to consider the Revised Joint Plan of Reorganization. Plan objections must be filed by...

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Hercules Offshore Plan, Supplement Filed

Hercules Offshore filed with the U.S. Bankruptcy Court an Amended and Modified Joint Prepackaged Chapter 11 Plan that incorporates a mediation settlement. Documents filed with the Court explain, “Class...

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Cosi Objections Filed

The U.S. Trustee (UST) assigned to the Cosi case filed with the U.S. Bankruptcy Court an objection to the Debtors’ motion for an order establishing bidding procedures and granting related relief and...

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Samson Resources Plan Filed

Samson Resources’ official committee of unsecured creditors filed with the U.S. Bankruptcy Court a Joint Chapter 11 Plan. According to documents filed with the Court, “On the Effective Date, all Equity...

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Nortel Networks Stipulation Approval Sought

Nortel Networks (NNI) filed with the U.S. Bankruptcy Court a motion authorizing NNI’s entry into and approving a stipulation with CRT Special Investments that resolves the claimant’s claims against...

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