Energy Future Holdings Contract Approved
The U.S. Bankruptcy Court issued an order approving Energy Future Holdings’ (EFH) motion to assume a lease or executory contract and for entry of order approving the assumption of the Oncor tax sharing...
View ArticleHancock Fabrics Bankruptcy Exclusivity Approved
The U.S. Bankruptcy Court approved Hancock Fabrics’ 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 ArticleSierraConstellation Partners Promotion Announced
SierraConstellation Partners, LLC (SCP) announced that Drew McManigle, a Managing Director at the firm and head of its Houston, TX office, has been promoted to lead the firm’s operations throughout the...
View ArticlePFO Global Bid Procedures Approved
The U.S. Bankruptcy Court approved PFO Global’s 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 ArticleTriad Guaranty Debt Incurrence Approval Sought
Triad Guaranty filed with the U.S. Bankruptcy Court a motion for interim and final order authorizing the Debtor or incur post-petition debt. The borrower is Triad Guaranty and the lender is William T....
View ArticlePeabody Energy Settlement Filed
Peabody Energy filed with the U.S. Bankruptcy Court a notice of settlement with the United Mine Workers of America 1974 Pension Plan and Trust. According to documents filed with the Court, “On October...
View ArticleAzure Midstream Partners Sale 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 ArticleChaparral Energy Bankruptcy Plan Summarized
BankruptcyData’s detailed analysis and summary of Chaparral Energy’s First Amended Joint Plan of Reorganization, dated March 7, 2017, is now available. The U.S. Bankruptcy Court confirmed the Plan on...
View ArticleErickson Exit Financing Approval Sought
Erickson filed with the U.S. Bankruptcy Court a motion for entry of an order (1) authorizing its entry into and performance under (a) the exit financing commitment letter and (b) the fee letter and (2)...
View Articlehhgregg Term Sheet Terminated
hhgregg announced that the Company has terminated its previously announced non-binding term sheet with an anonymous party for the purchase of substantially all of the assets of the Company because the...
View ArticlePeabody Energy Executive Changes Announced
Peabody Energy announced that Charles Meintjes has been named to the new position of E.V.P. – corporate services and chief commercial officer. George Schuller, Jr. succeeds Meintjes as Peabody Energy’s...
View ArticleTriangle USA Petroleum Bankruptcy Extension Sought
Triangle USA Petroleum (TUSA) filed with the U.S. Bankruptcy Court a third motion to extend by 45 days the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances...
View ArticleGulfMark Offshore Possible Debt Restructuring
On March 16, 2017, S&P Global Ratings lowered its corporate credit rating on GulfMark Offshore, Inc. to D from CCC- and its senior unsecured debt rating to D from CCC. “Gulfmark has entered into a...
View ArticleSquareTwo Financial Prepackaged Chapter 11 Bankruptcy
SquareTwo Financial (d/b/a Collect America and Fresh View Solutions) and 18 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead...
View ArticleEzra Holdings Chapter 11 Petition Filed
Ezra Holdings and two affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, case number 17-22405. The Company, which is an investment...
View ArticleElectronic Cigarettes International Group Bankruptcy Liquidation
Electronic Cigarettes International Group (a/k/a Victory Electronic Cigarettes and Teckmine Industries) filed for Chapter 7 protection with the U.S. Bankruptcy Court in the District of Nevada, case...
View ArticleTriangle USA Petroleum Bankruptcy Plan Summarized
BankruptcyData’s detailed analysis and summary of Triangle USA Petroleum’s Third Amended Joint Chapter 11 Plan of Reorganization, dated March 8, 2017, is now available. The U.S. Bankruptcy Court...
View ArticleESP Resources Sale Approved
The U.S. Bankruptcy Court approved ESP Resources’ motion for an order authorizing and approving the sale of assets free and clear of all liens, claims encumbrances and other interests; approving the...
View ArticlePeabody Energy Bankruptcy Plan Confirmed
The U.S. Bankruptcy Court confirmed Peabody Energy’s (PEC) Second Amended Joint Plan of Reorganization following finalization of language regarding a settlement between the Company and the U.S....
View ArticleCEOC Bankruptcy Settlement Approval Sought
Caesars Entertainment Operating Company filed with the U.S. Bankruptcy Court a motion to approve compromise or settlement by and among, among others, the Debtors, Caesars Entertainment Corporation...
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