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Ocean Rig UDW Chapter 15 International Bankruptcy

Cayman Islands-based Ocean Rig UDW and three affiliated Debtors filed for Chapter 15 protection with the U.S. Bankruptcy Court in the Southern District of New York, case number 17-10736. The Company,...

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ResCap Liquidating Trust Appointment Announced

The ResCap Liquidating Trust (the “Trust”) announced the appointment of David Pauker to its board. Pauker is currently a member of the board of reorganized Lehman Brothers and is a turnaround manager...

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China Fishery Group Proceeding Approval Sought

China Fishery Group’s Debtor affiliate CFG Peru Investments (Singapore)’s Chapter 11 trustee filed with the U.S. Bankruptcy Court a motion for the entry of an order, pursuant to Section 105,...

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SunEdison Bankruptcy Plan Filed

SunEdison filed with the U.S. Bankruptcy Court a Joint Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “As of the date hereof, and based on the recently...

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hhgregg Bid Procedures Approved

The U.S. Bankruptcy Court approved hhgregg’s motion for an order (a) scheduling a bid procedure hearing, authorizing and approving bid procedures, approving notice procedures, scheduling a sale...

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Donlin, Recano & Company Director of Business Development Announced

Donlin, Recano & Company, Inc. announced that Meg Manning has joined the firm as Director of Business Development. Manning is primarily focused on strengthening the company’s presence in multiple...

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Bonanza Creek Energy Bankruptcy Plan Filed

Bonanza Creek Energy filed with the U.S. Bankruptcy Court a Second Amended Joint Prepackaged Plan of Reorganization. According to the Amended Plan, ” In addition, upon the Effective Date, all awards...

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Optima Specialty Steel Joint Stipulation Filed

The Pension Benefit Guaranty Corporation (PBGC) and Optima Specialty Steel filed with the U.S. Bankruptcy Court a joint stipulation permitting the PBGC to file consolidated claims under one case...

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Vanguard Natural Resources Sale Approval Sought

Vanguard Natural Resources filed with the U.S. Bankruptcy Court a notice of proposed sale involving excess assets pursuant to excess asset sale procedures. The Seller (Specific Debtor Entity) is Eagle...

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Core Resource Management Bankruptcy Liquidation Approved

The U.S. Bankruptcy Court issued an order converting Core Resource Management’s Chapter 11 reorganization to a liquidation under Chapter 7. The U.S. Trustee assigned to the case originally sought the...

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Dorsey & Whitney Partner Rejoining

Dorsey & Whitney LLP announced that Jay Kim has rejoined the firm as a Partner in its Banking Industry Group in Minneapolis. Kim has represented financial institutions for over 25 years. Most...

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Ultrapetrol (Bahamas) Limited Bankruptcy Plan Effective

Ultrapetrol (Bahamas) Limited’s Second Amended Joint Prepackaged Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the...

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Westech Capital Bankruptcy Plan Filed

Westech Capital’s Chapter 11 trustee case filed with the U.S. Bankruptcy Court a Chapter 11 Plan and related Disclosure statement. According to the Disclosure Statement, “Under the Plan, Westech will...

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Triad Guaranty Debt Incurrence Approved

The U.S. Bankruptcy Court issued a final order approving Triad Guaranty’s motion to incur post-petition debt. As previously reported, “The borrower is Triad Guaranty and the lender is William T....

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STW Resources Holding Dismissal, Conversion Sought

The U.S. Trustee assigned to the STW Resources Holding case filed with the U.S. Bankruptcy Court a motion to dismiss the case or, in the alternative, to convert the Chapter 11 reorganization to a...

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Paragon Offshore Bankruptcy Extension Sought

Paragon Offshore 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...

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Peabody Energy (NYSE: BTU) Emerges from Bankruptcy Reorganization

Peabody Energy’s Second Amended Plan of Reorganization [Revised] became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on March 17, 2017....

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Angelica Chapter 11 Bankruptcy

Privately-held Angelica (f/k/a Angelica Healthcare and Angelica Image Apparel) and four affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New...

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Forbes Energy Services Bankruptcy Plan Summarized

BankruptcyData’s detailed analysis and summary of Forbes Energy Services’ Prepackaged Joint Plan of Reorganization, dated January 22, 2017, is now available. The U.S. Bankruptcy Court confirmed the...

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China Fishery Group Bankruptcy Objections Filed

Malayan Banking Berhad (Hong Kong Branch), CooperatieveRabobank, DBS BANK (Hong Kong), Standard Chartered Bank (Hong Kong) and Bank of America filed with the U.S. Bankruptcy Court separate objections...

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