Golfsmith International Interim Payment Approved
The U.S. Bankruptcy Court issued an interim order approving Golfsmith International Holdings’ motion for orders (a) authorizing the payment of a deposit in connection with the Company’s entry into a...
View ArticleTervita Chapter 15 Petition Filed
Alberta, Canada-based Tervita and 14 affiliated Debtors filed for Chapter 15 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 16-12920. The Company,...
View ArticleNovation Companies Extension Sought
Novation Companies filed with the U.S. Bankruptcy Court a motion to extend by 90 days the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through...
View ArticlePostRock Energy Sale Approval Sought
PostRock Energy’s Chapter 11 trustee filed with the U.S. Bankruptcy Court a motion to sell the Debtor’s interest in temporarily abandoned wells (TA Wells), free and clear of liens to Tiger Energy &...
View ArticleSamson Resources Sale Approved
The U.S. Bankruptcy Court issued an order authorizing the sale of Samson Resources’ “Permian Minerals” asset package free and clear of all liens, claims, encumbrances and interests, the Debtors’ entry...
View ArticleClik here to view.
YTD 2016 Business Bankruptcies Increase 28%
BankruptcyData recently published its Q3 2016 Business Bankruptcy Filings Report. Packed with 17 pages of analytical charts and graphs, this report reflects Q3 2016 business bankruptcy activity and...
View ArticleMIG Plan Filed, Disclosure Statement Approved
Bank of New York Mellon, MIG and ITC Cellular’s indenture trustee, filed with the U.S. Bankruptcy Court an Amended Plan of Reorganization and related Disclosure Statement. According to the Disclosure...
View ArticleNoranda Aluminum Objections Filed
Granges AB and Granges Americas (the “Downstream Buyer”) filed with the U.S. Bankruptcy Court an objection to Noranda Aluminum Holding’s motion for an order dismissing the Company’s Chapter 11...
View ArticleGreenHunter Resources Extension Approved
The U.S. Bankruptcy Court issued an order approving GreenHunter Resources’ second motion to extend by 60 days the exclusive period during which the Company can file a Chapter 11 plan and solicit...
View ArticleCaesars Entertainment Operating Company Plan Filed, Deadline Extended
Caesars Entertainment Operating Company filed with the U.S. Bankruptcy Court a Third Modified Chapter 11 Plan of Reorganization. Documents filed with the Court explain, “On the Effective Date…Class D...
View ArticleStone Energy to File Chapter 11
On October 20, 2016, Stone Energy Corporation entered into a restructuring support agreement (RSA) with certain (i) holders of the Company’s 1 3⁄4 % Senior Convertible Notes due 2017 and (ii) holders...
View ArticleKey Energy Services Chapter 11 Petition, Plan Filed
Key Energy Services (f/k/a National Environmental Group and Key Energy Group) and three affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware,...
View ArticleSTX Offshore & Shipbuilding Chapter 15 Petition Filed
Gyeongsangnam-do, Korea-based STX Offshore & Shipbuilding (f/k/a STX Shipbuilding) filed for Chapter 15 protection with the U.S. Bankruptcy Court in the Southern District of Texas, case number...
View ArticleAbengoa Bioenergy US Holdings Extension Approved
Abengoa Bioenergy US Holdings 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...
View ArticleCosi KERP Approved
The U.S. Bankruptcy Court approved Cosi’s motion for an order approving a key employee retention program (KERP). As previously reported, “As a multi-unit fast- casual restaurant chain, the retention of...
View ArticleMidstates Petroleum Company Plan Effective
Midstates Petroleum Company’s First 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...
View ArticleBasic Energy Services Prepackaged Chapter 11 Bankruptcy
Basic Energy Services (a/k/a BES Holding Company) and 27 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 16-12320. The...
View ArticleAmerican Gilsonite Company Chapter 11 Petition, Plan Filed
American Gilsonite Company and four affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 16-12316. The Company, which engages...
View ArticleC&J Energy Services Committee Sought
D.E. Shaw Galvanic Portfolios and Nantahala Capital Management filed with the U.S. Bankruptcy Court an emergency motion to appoint an official committee of equity security holders to the C&J Energy...
View ArticleNoranda Aluminum Stipulation Approved
The U.S. Bankruptcy Court issued an order approving Noranda Aluminum’s stipulation and settlement resolving certain grievances by and between Noranda Aluminum and the United Steel, Paper and Forestry,...
View Article