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Energy & Exploration Partners Plan Filed

Energy & Exploration Partners filed with the U.S. Bankruptcy Court a First Amended Joint Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement,...

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Noranda Aluminum Holding Expedited Hearing Sought

According to the U.S. Bankruptcy Court docket, Sherwin Alumina Company filed a motion to expedite consideration of its (1) motion for entry of an order dismissing Noranda Bauxite’s Chapter 11 case and...

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RCS Capital Plan Filed

RCS Capital filed with the U.S. Bankruptcy Court a First Amended Joint Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The Plan provides for, among...

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Saratoga Resources Conversion Sought

According to the U.S. Bankruptcy Court docket, Energy Reserves Group II filed a motion to convert Saratoga Resouces’ Chapter 11 cases to liquidation under Chapter 7. The motion explains, “Considering...

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Caesars Entertainment Operating Company Response Issued

Caesars Entertainment Corporation issued a release in response to the report filed by Richard Davis, the U.S. Bankruptcy Court-appointed examiner in the Caesars Entertainment Operating Company (CEOC)...

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Westech Capital Chapter 11 Petition Filed

According to the U.S. Bankruptcy Court docket, Westech Capital (f/k/a Tejas) filed for Chapter 11 protection in Austin, TX. According to documents filed with the Court, the Company’s largest unsecured...

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LINN Energy Warns of Bankruptcy Filing, Ratings Lowered

In Form 10-K filed on March 15, 2016, LINN Energy, LLC’s auditor, KPMG LLP, raised substantial doubt about the Company’s ability to continue as a going concern. According to KPMG, the Company has...

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Venoco (Denver Parent) Chapter 11 Petition Filed

Venoco and six affiliated Debtors (including Denver Parent) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 16-10655. The Company, which...

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American Natural Energy Agreement Filed

American Natural Energy (ANEC) filed with the U.S. Bankruptcy Court a liquidating trust agreement among ANEC’s representative Michael K. Paulk and Patrick J. Gros (as trustee of the liquidating trust...

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Walter Energy Global Settlement Procedures Sought

Walter Energy filed with the U.S. Bankruptcy Court a joint motion for an order (a) authorizing procedures to implement a global settlement and (b) granting related relief. The motion explains, “On...

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GT Advanced Technologies Plan Effective

According to the U.S. Bankruptcy Court docket, GT Advanced Technologies’ Amended Joint Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The Court confirmed...

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SFX Entertainment KEIP/KERP Approval Sought

  According to the U.S. Bankruptcy Court docket, SFX Entertainment filed a motion to implement (i) a key employee incentive plan (KEIP) and (ii) a key employee retention plan (KERP). The motion...

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Venoco RSA Approval Sought

Venoco filed with the U.S. Bankruptcy Court a motion authorizing the Debtors to assume a restructuring support agreement (RSA). The Company notes, “The RSA provides a robust framework for a...

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Saratoga Resources Extension Approved

According to the U.S. Bankruptcy Court docket, the Court approved Saratoga Resources’ third motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit...

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Nuo Therapeutics Plan Filed

Nuo Therapeutics filed with the U.S. Bankruptcy Court a Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The provisions of the Plan...

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Molycorp Objection Filed

According to the U.S. Bankruptcy Court docket, International Union, United Automobile, Aerospace and Agricultural Implement Workers of America and its Local Union 662 filed a limited objection to...

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Blue Earth Chapter 11 Bankruptcy Petition Filed

According to the U.S. Bankruptcy Court docket, Blue Earth and Blue Earth Tech filed for Chapter 11 protection in San Francisco, CA. The Company also announced that it has reached an agreement with...

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James River Coal Plan Confirmed

According to the U.S. Bankruptcy Court docket, the Court entered an order confirming James River Coal’s Second Amended Plan of Liquidation. The Disclosure Statement notes, “The Plan contemplates the...

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Molycorp Examiner Sought

Ironshore Indemnity, Lexon Insurance Co. and Bond Safeguard Insurance Co. and Westchester Fire Insurance Company (collectively, the “Sureties”) filed with the U.S. Bankruptcy Court a joint motion for...

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SFX Entertainment Ombudsman Approved

According to the U.S. Bankruptcy Court docket, the Court approved SFX Entertainments’ motion for an order directing the U.S. Trustee assigned to the case to appoint a consumer privacy ombudsman (CPO)....

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