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,...
View ArticleNoranda 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...
View ArticleRCS 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...
View ArticleSaratoga 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...
View ArticleCaesars 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)...
View ArticleWestech 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...
View ArticleLINN 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...
View ArticleVenoco (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...
View ArticleAmerican 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...
View ArticleWalter 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...
View ArticleGT 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...
View ArticleSFX 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...
View ArticleVenoco 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...
View ArticleSaratoga 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...
View ArticleNuo 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...
View ArticleMolycorp 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...
View ArticleBlue 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...
View ArticleJames 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...
View ArticleMolycorp 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...
View ArticleSFX 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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