Quantcast
Channel: Daily Bankrupt Company Updates | Bankrupt Company News
Browsing all 4593 articles
Browse latest View live

Peabody Energy Sale Agreement Announced

Peabody Energy announced that one of its Australian subsidiaries has entered into a definitive agreement to sell Metropolitan Mine in New South Wales, Australia and its associated 16.67% interest in...

View Article



STW Resources Holding Conversion Denied

The U.S. Bankruptcy Court issued an order denying Gary Trust’s motion to convert the STW Resources Chapter 11 reorganization reorganization case to a liquidation under Chapter 7. The order states,...

View Article

Noranda Aluminum Holding Stipulation Approved

The U.S. Bankruptcy Court issued a consent order approving Noranda Aluminum Holding’s stipulation by and among Noranda Aluminum and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy,...

View Article

Memorial Production Partners’ Downgrades

On November 1, 2016, S&P Global Ratings lowered its corporate credit rating on Memorial Production Partners LP (MEMP) to CCC- from B- and its senior unsecured debt rating to C from CCC. “The...

View Article

Nortel Networks Bankruptcy Plan Filed

Nortel Networks filed with the U.S. Bankruptcy Court a First Amended Chapter 11 Plan and a related Disclosure Statement. According to the Disclosure Statement, “The key components of the Plan include:...

View Article


ScripsAmerica Disbandment Sought

ScripsAmerica filed with the U.S. Bankruptcy Court a motion for an order directing disbandment of the official committee of unsecured creditors or, alternatively, the removal of Ironridge Global...

View Article

STW Resources Holding Extension Sought

STW Resources Holding 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...

View Article

Core Resource Management Plan Filed

Core Resource Management’s official committee of unsecured creditors filed with the U.S. Bankruptcy Court a Chapter 11 Plan and related Disclosure Statement. According to the Disclosure Statement, “The...

View Article


Republic Airways Holdings Merger Approval Sought

Republic Airways Holdings filed with the U.S. Bankruptcy Court a motion, pursuant to Sections 105(a) and 363(b) of the Bankruptcy Code and Bankruptcy Rule 6004, for approval of (i) the merger of...

View Article


Image may be NSFW.
Clik here to view.

Stocks Don’t Know Who You Voted For: Thoughts About Clinton Vs. Trump & The...

Excerpted from the most recent issue of George Putnam’s The Turnaround Letter, published by New Generation Research * * * * * * * The 2016 presidential election is (finally!) just around the corner....

View Article

Chaparral Energy Extension Sought

Chaparral 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 solicit acceptances thereof through and including...

View Article

Novation Companies Objections Filed

Novation Companies’ official unsecured creditors’ committee and Taberna Preferred Funding I & Taberna Preferred Funding II filed with the U.S. Bankruptcy Court separate objections to the Debtors’...

View Article

C&J Energy Services SEIP Approved

The U.S. Bankruptcy Court approved C&J Energy Services’ senior executive incentive plan (SEIP). As previously reported, “In the months leading up to the Debtors’ bankruptcy filing, the Debtors and...

View Article


Noranda Aluminum Holding Interim Settlement Approved

The U.S. Bankruptcy Court issued an order, on an interim basis, approving Noranda Aluminum Holding’s global settlement agreement between the Debtors; term secured parties (Cortland Capital Market...

View Article

Perseon Disclosure Statement Approved

The U.S. Bankruptcy Court approved Perseon’s Revised Disclosure Statement and scheduled a December 20, 2016 hearing to consider the Chapter 11 Plan. According to documents filed with the Court, “Each...

View Article


Erickson Chapter 11 Petition Filed

Erickson (f/k/a Erickson Air-Crane) and six affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Northern District of Texas, lead case number 16-34393. The Company,...

View Article

4Licensing Disclosure Statement Conditionally Approved

The U.S. Bankruptcy Court issued an order conditionally approving 4Licensing’s Disclosure Statement related to the Company’s Combined Chapter 11 Plan of Reorganization. As previously reported, “Debtor...

View Article


Midway Gold Extension Approved

The U.S. Bankruptcy Court issued an order approving Midway Gold’s fifth motion to extend by 90 days the exclusive period during which the Company can solicit plan acceptances through and including...

View Article

Energy Future Holdings Dismissal Sought

Several individual parties filed with the U.S. Bankruptcy Court a motion to dismiss the Chapter 11 cases of Energy Future Holdings’ “Asbestos Debtors”: EECI, EEC Holdings, LSGT SACROC and LSGT Gas Co....

View Article

LINN Energy Plant Closure Sought

LINN Energy filed with the U.S. Bankruptcy Court a motion for entry of an order (A) authorizing (i) the suspension of processing operations at the gas processing plant Satanta (located at Ulysses, KS);...

View Article
Browsing all 4593 articles
Browse latest View live




Latest Images