Xtera Communications Conversion Sought
Xtera Communications filed with the U.S. Bankruptcy Court, a motion seeking to convert its Chapter 11 reorganization case to a liquidation under Chapter 7. The motion explains, “On February 13, 2017,...
View ArticleTriangle USA Petroleum Extension Approved
The U.S. Bankruptcy Court approved Triangle USA Petroleum’s second motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and...
View ArticlePFO Global 363 Sale Procedures Approval Sought
PFO Global filed with the U.S. Bankruptcy Court a motion for an order approving an asset purchase agreement; authorizing the sale of substantially all assets of the Debtor free and clear of all liens,...
View ArticleUltra Petroleum Bankruptcy Plan, Exhibits Filed
Ultra Petroleum filed with the U.S. Bankruptcy Court a Revised Second Amended Chapter 11 Plan and related Disclosure Statement. According to the Disclosure Statement, “Notwithstanding Section 7.8 of...
View ArticleSunEdison Extension Sought
SunEdison filed with the U.S. Bankruptcy Court a fourth motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including...
View ArticleAbengoa Bioenergy US Holdings Bankruptcy Plan Filed
Abengoa Bioenergy US Holdings filed with the U.S. Bankruptcy Court a First Amended Joint Plan of Liquidation and related Disclosure Statement. According to the Plan, “By the Effective Date, the...
View ArticleDirectBuy Holdings 363 Sale Approved
The U.S. Bankruptcy Court approved DirectBuy Holdings’ motion for an order authorizing the sale of all or substantially all of the Debtors’ business assets free and clear of liens, claims, encumbrances...
View ArticleNephroGenex Extension Sought
NephroGenex 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 May...
View ArticleUltra Petroleum Disclosure Statement Approved
The U.S. Bankruptcy Court approved Ultra Petroleum’s Disclosure Statement and scheduled a March 14, 2017 hearing to consider the Revised Second Amended Chapter 11 Plan. According to documents filed...
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New Generation Research’s BankruptcyData has been monitoring U.S. Bankruptcy Court activity for 25 years now, and its most recent free e-report offers 40+ pages of detailed statistics and analysis of...
View ArticleStone Energy Bankruptcy Plan Confirmed
The U.S. Bankruptcy Court approved Stone Energy’s Disclosure Statement and concurrently confirmed its Second Amended Joint Plan of Reorganization. According to a corporate release, the Plan...
View ArticlePeabody Energy Extension Approved
The U.S. Bankruptcy Court approved Peabody Energy’s third motion to extend by 60 days the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through...
View ArticleTriangle USA Petroleum Backstop Agreement Amended
Triangle USA Petroleum filed with the U.S. Bankruptcy Court a second amendment to its backstop commitment agreement. The filing notes, “This Amendment No. 2 to the Backstop Commitment Agreement is made...
View ArticleHomer City Generation Bankruptcy Plan Confirmed
The U.S. Bankruptcy Court approved Homer City Generation’s Disclosure Statement and concurrently confirmed its First Amended Prepackaged Joint Plan of Reorganization. According to documents filed with...
View ArticleEmerald Oil Extension Sought
Emerald Oil 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 including...
View ArticleViolin Memory Bankruptcy Plan Filed
Violin Memory filed with the U.S. Bankruptcy Court a Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The Plan designates seven (7) classes of...
View ArticleXtera Communications Extension Sought
Xtera Communications 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 ArticlePeabody Energy Offering Closed
Peabody Energy announced the closing of its previously-announced private offering of $1.0 billion aggregate principal amount of senior secured notes, consisting of $500 million of 6.000% Senior Secured...
View ArticleGander Mountain Company to File Bankruptcy
According to recent press and people with knowledge of the matter, Gander Mountain Company Inc. could file for bankruptcy as early as this month. Gander Mountain is working with a financial advisory...
View ArticleBreitburn Energy Partners Extension Sought
Breitburn Energy Partners 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...
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