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Illinois Power Generating Pre-Packaged Bankruptcy

Illinois Power Generating (p/k/a Ameren Energy Generating) (Genco) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, case number 16-36326. The Company,...

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American Gilsonite Disclosure Statement Approved, Plan Confirmed

The U.S. Bankruptcy Court approved American Gilsonite’s (AGC) Disclosure Statement and concurrently confirmed its Joint Prepackaged Chapter 11 Plan of Reorganization. The Plan, which will transition...

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Life Partners Holdings Plan Effective

Life Partners Holdings’ Revised Third Amended Joint Chapter 11 Plan (proposed by Chapter 11 trustee H. Thomas Moran II and the Company’s official committee of unsecured creditors) became effective, and...

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Key Energy Services Bankruptcy Plan Summarized

BankruptcyData’s detailed analysis and summary of Key Energy Services’ Joint Prepackaged Plan of Reorganization, dated October 24, 2016, is now available. The U.S. Bankruptcy Court confirmed the Plan...

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LINN Energy Plan Filed, Disclosure Statement Approved

LINN Energy and its Debtor affiliates (other than Linn Acquisition Company and Berry Petroleum) filed with the U.S. Bankruptcy Court an Amended Joint Chapter 11 Plan of Reorganization and related...

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Violin Memory Chapter 11 Petition Filed

Violin Memory filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, case number 16-12782. The Company, which develops and supplies network infrastructure data...

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Energy XXI Bankruptcy Plan Confirmed

The U.S. Bankruptcy Court confirmed Energy XXI’s Second Amended Joint Chapter 11 Plan of Reorganization, which eliminates more than $3.6 billion of debt from the Company’s balance sheet. Energy XXI’s...

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International Shipholding Extension Approved

The U.S. Bankruptcy Court approved International Shipholding’s motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and...

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Republic Airways Holdings Plan Filed

Republic Airways Holdings 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...

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Magnetation Objections Filed

Multiple parties – including the Internal Revenue Service; Itasca County; White County, Indiana; the Minnesota Department of Natural Resources and American Bank of the North – filed with the U.S....

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Stone Energy Prepackaged Bankruptcy

Stone Energy and two affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case number 16-36390. The Company, which is engaged in the...

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Optima Specialty Steel Chapter 11 Petition Filed

Optima Specialty Steel and four affiliated Debtors and affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 16-12789. The...

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Paragon Offshore Extension Sought

Paragon Offshore filed with the U.S. Bankruptcy Court a third motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and...

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Chaparral Energy Rights Offering Approved

The U.S. Bankruptcy Court approved Chaparral Energy’s motion for an order authorizing the Debtors to (i) conduct a rights offering, (ii) enter into a backstop commitment agreement and (iii) pay fees...

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Breitburn Energy Partners Extension Approved

The U.S. Bankruptcy Court approved Breitburn Energy Partners’ motion pursuant to extend exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof. According...

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Key Energy Services Bankruptcy Reorganization Plan Effective

Key Energy Services’ Joint Prepackaged Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on December 6, 2016. The...

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Nortel Networks Mediator Appointment Approved

The U.S. Bankruptcy Court issued an order approving Nortel Networks’ mediation motion and the appointment of a mediator to assist the parties in resolving (A) potential objections to the Debtors’ First...

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Stone Energy Settlement Approval Sought

Stone Energy filed with the U.S. Bankruptcy Court a motion for an order authorizing and approving (i) an executive claims settlement agreement with senior executives and (ii) the assumption of certain...

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Republic Airways Holdings Sale Approved

The U.S. Bankruptcy Court approved Republic Airways Holdings’ motion for an order (i) authorizing the Debtors to sell certain aircraft, prepay certain aircraft loans and consensually terminate related...

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International Shipholding Objections Filed

Multiple parties – including Patriot Shipping, Westchester Fire Insurance and Capital One – filed with the U.S. Bankruptcy Court separate objections to International Shipholding’s Disclosure Statement....

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