Quantcast
Channel: Daily Bankrupt Company Updates | Bankrupt Company News
Browsing all 4593 articles
Browse latest View live

Ultra Petroleum Extension Approved

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

View Article



Triangle USA Petroleum Severance Payments Approved

The U.S. Bankruptcy Court issued an order approving Triangle USA Petroleum’s motion to make severance payments to certain departing employees. As previously reported, “After a thoughtful and careful...

View Article

Core Resource Management Trustee Appointed

The U.S. Bankruptcy Court approved Core Resource Management’s official committee of unsecured creditors’ renewed and expedited motion to appoint a Chapter 11 trustee. As previously reported, “Committee...

View Article

Republic Airways Holdings Objection Filed

Wells Fargo Bank Northwest and ALF VI (together, the “Residco Parties”) filed with the U.S. Bankruptcy Court an objection to Republic Airways Holdings’ Second Amended Joint Plan of Reorganization. The...

View Article

Ultra Petroleum Financials Announced

Ultra Petroleum announced fourth quarter and full-year 2016 operating and financial results, reporting adjusted net income of $119.2 million, or $0.77 per diluted share, and operating cash flow of...

View Article


Violin Memory Plan Filed

Violin Memory filed with the U.S. Bankruptcy Court a First Amended Chapter 11 Plan of Reorganization and a related Disclosure Statement. Among other things, the Disclosure Statement adds the following...

View Article

Alvarez & Marsal Expansion Announced

Alvarez & Marsal (A&M) announced that the firm continues to grow its practices in the Middle East with the appointment of Neil Hayward as Managing Director and head of the region’s...

View Article

Azure Midstream Partners Bankruptcy Bid Procedures Approved

The U.S. Bankruptcy Court issued an order approving Azure Midstream Partners’ motion for expedited consideration of its motion for the sale of substantially all of the Debtors’ assets; approving the...

View Article


FirstEnergy Solutions Possible Bankruptcy

  In Form 10-K filed on February 21 2017, FirstEnergy Solutions Corp.’s (FES) auditor, PricewaterhouseCoopers LLP, raised substantial doubt about the Company’s ability to continue as a going concern....

View Article


Memorial Production Partners Bankruptcy Plan Filed

Memorial Production Partners filed with the U.S. Bankruptcy Court an Amended Joint Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The proposed...

View Article

Bonanza Creek Energy RSA Approval Sought

Bonanza Creek Energy filed with the U.S. Bankruptcy Court a motion for entry of an order approving its restructuring support agreement (RSA) with the Debtors’ revolving lenders and granting related...

View Article

NephroGenex PSA Approved

The U.S. Bankruptcy Court approved NephroGenex’s entry into a plan support agreement (PSA) with Medpace. As previously reported, “The Term Sheet contemplates a plan of reorganization pursuant to which...

View Article

Ultra Petroleum Contracts Announced

Ultra Petroleum announced that the Company has renegotiated its existing gas processing contracts with Enterprise Products Partners and Williams Partners. Ultra Petroleum expects these new contracts to...

View Article


Energy Future Holdings Objection Filed

Energy Future Holdings filed with the U.S. Bankruptcy Court an objection to the Internal Revenue Service’s (IRS) proofs of claims for unpaid taxes or penalties or, in the alternative, request that the...

View Article

Energy Future Holdings Bankruptcy Plan Summarized

BankruptcyData’s detailed analysis and summary of Energy Future Holdings’ (EFH) Eighth Amended Joint Plan of Reorganization, dated February 16, 2017, is now available. The U.S. Bankruptcy Court...

View Article


Abengoa Bioenergy US Holdings Bankruptcy Plan Filed

Abengoa Bioenergy US Holdings filed with the U.S. Bankruptcy Court a Third Amended Joint Plans of Liquidation and related Disclosure Statement. According to the Disclosure Statement, “Bioenergy Debtors...

View Article

Erickson Rights Offering Announced

According to documents filed with the SEC, Erickson has agreed to solicit participation in a rights offering which contemplates a new money investment (“Rights Offering” of up to $30.0 million by...

View Article


Vanguard Natural Resources Continuation Sought

Vanguard Natural Resources filed with the U.S. Bankruptcy Court three separate emergency motions to continue until March 1, 2017 the final hearings to consider the Debtors’ (i) D.I.P. financing motion;...

View Article

EMAS Chiyoda Subsea Chapter 11 Bankruptcy

Privately-held EMAS Chiyoda Subsea (f/d/b/a Aker Marine Contractors US and EMAS-AMC) and 14 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of...

View Article

BCBG Max Azria Group Chapter 11 Bankruptcy

Privately-held BCBG Max Azria Group and four affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 17-10466 (BCBG Max...

View Article
Browsing all 4593 articles
Browse latest View live




Latest Images