PT Bumi Resources Chapter 15 Petition Filed
Jakarta, Indonesia-based PT Bumi Resources (f/k/a Bumi Investment) filed for Chapter 15 protection with the U.S. Bankruptcy Court in the Southern District of New York, case number 17-10115. The...
View Article4Licensing Plan Confirmed
The U.S. Bankruptcy Court confirmed 4Licensing’s Combined Chapter 11 Plan of Reorganization and Disclosure Statement. According to documents filed with the Court, “The Debtor shall issue New Common...
View ArticleCHC Group Cayman Provisional Liquidator Appointed
CHC Group filed with the U.S. Bankruptcy Court a notice of appointment of a provisional liquidator. The notice states, “The commencement of the provisional liquidation is made pursuant to an Order in...
View ArticlePeabody Energy Committee Denied
The U.S. Bankruptcy Court issued an order denying Mangrove Partners Master Fund’s motion for an order appointing an official committee of equity security holders to the Peabody Energy case. As...
View ArticleCaesars Entertainment Operating Company Bankruptcy Plan Summarized
BankruptcyData’s detailed analysis and summary of Caesars Entertainment Operating Company’s Third Amended Joint Plan of Reorganization (Modified), dated January 13, 2017, is now available. The U.S....
View ArticleTriangle USA Petroleum Exit Financing Approved
The U.S. Bankruptcy Court approved Triangle USA Petroleum’s motion to (i) enter into and perform under an engagement letter relating to exit financing, (ii) pay fees and expenses and (iii) provide...
View ArticleStone Energy Objection Filed
Louisiana Department of Revenue (LDR) filed with the U.S. Bankruptcy Court an objection to Stone Energy’s Second Amended Joint Prepackaged Plan of Reorganization. The objection explains, “LDR object to...
View ArticlePerformance Sports Group Sale Approved
The U.S. Bankruptcy Court approved Performance Sports Group’s motion for the sale of property free and clear of liens, approving the asset purchase agreement (APA) with Saverio Michielli (Owner) and a...
View ArticleChaparral Energy Bankruptcy Plan Filed
Chaparral Energy filed with the U.S. Bankruptcy Court a Joint Plan of Reorganization (modified) and related Disclosure Statement. Among other changes, the Disclosure Statement adds the following text:...
View ArticleBioNitrogen Holdings Extension Approved
The U.S. Bankruptcy Court approved BioNitrogen Holdings’ fifth motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and...
View ArticleLINN Energy Committee Sought, Statement Released
Certain LINN Energy shareholders filed with the U.S. Bankruptcy Court separate motions for appointment of an official committee of equity security holders. LINN Energy Shareholder Group also released...
View ArticleSamson Resources Compromise Approved
The U.S. Bankruptcy Court approved Samson Resources’ settlement by and between the Debtor and Continental Resources. As previously reported, “The Settlement generally provides, upon the entry of a...
View ArticlePeabody Energy Objection Filed
Berenergy filed with the U.S. Bankruptcy Court an objection to Peabody Energy’s Joint Plan of Reorganization. The objection explains, “Berenergy objects to the Plan and Disclosure Statement on two...
View ArticleNortel Networks Settlement Approved, Plan Confirmed
The U.S. Bankruptcy Court issued an order approving Nortel Networks’ settlement and plans support agreement (SPSA) entered into by and among the Debtors, the Canadian Debtors, the monitor, the EMEA...
View Article4Licensing Bankruptcy Plan Summarized
BankruptcyData’s detailed analysis and summary of 4Licensing’s Combined Chapter 11 Plan of Reorganization and Disclosure Statement, dated November 4, 2016, is now available. The U.S. Bankruptcy Court...
View ArticleIllinois Power Generating Company Disclosure Statement Approved, Plan Confirmed
The U.S. Bankruptcy Court approved Illinois Power Generating Company’s (Genco) Disclosure Statement and concurrently confirmed its Prepackaged Chapter 11 Plan of Reorganization. According to documents...
View ArticleDakota Plains Holdings PSA Approved
The U.S. Bankruptcy Court approved Dakota Plains Holdings’ assumption of a plan support agreement (PSA). As previously reported, “The PSA is the product of extensive, arm’s-length, good faith...
View ArticleModular Space Holdings Objections Filed
Multiple parties – including Texas Comptroller of Public Accounts, Louisiana Department of Revenue, Broadmont Associates, Bexar County, Cypress Fairbanks Independent School District (ISD), Dallas...
View ArticleForbes Energy Services Sale Approval Sought
Forbes Energy Services filed with the U.S. Bankruptcy Court a motion for an order (i) authorizing the assumption of asset purchase agreements; (ii) approving private sale of certain assets free and...
View ArticleChaparral Energy Extension Approved
The U.S. Bankruptcy Court approved Chaparral Energy’s motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including...
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