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Violin Memory Abandonment Motion Filed

Violin Memory filed with the U.S. Bankruptcy Court a motion for entry of an order authorizing abandonment of equity interests in foreign subsidiaries. The motion explains, “With no operations,...

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Ciber Committee Appointed

The U.S. Trustee assigned to Ciber’s case filed with the U.S. Bankruptcy Court a notice of appointment of an official committee of unsecured creditors. The following members will serve the committee:...

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Avaya Stipulation Filed

Avaya filed with the U.S. Bankruptcy Court a notice of presentment of joint stipulation and agreed order permitting Pension Benefit Guaranty Corporation to file consolidated claims under one case...

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Caesars Entertainment Operating Company Settlement Approved

The U.S. Bankruptcy Court issued an order approving Caesars Entertainment Operating Company’s motion to approve compromise or settlement by and among, among others, the Debtors, Caesars Entertainment...

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Republic Airways Holdings Plan Confirmed

The U.S. Bankruptcy Court approved Republic Airways Holdings’ Second Amended Joint Plan of Reorganization. According to documents filed with the Court, “Given the concentrated holdings of the New...

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Adeptus Health Plan Filed

Adeptus Health filed with the U.S. Bankruptcy Court a Joint Plan of Reorganization and related Disclosure Statement. According to the Adeptus Health disclosure statement, “Pursuant to the Plan, the...

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Optima Specialty Steel Plan Support Agreement PSA Filed

Optima Specialty Steel filed with the U.S. Bankruptcy Court a motion for entry of an order authorizing Debtors’ entry into and performance under a plan support agreement between the Debtors and Optima...

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Squaretwo Financial Objection Filed

Squaretwo Financial’s official committee of unsecured creditors filed with the U.S. Bankruptcy Court an objection, request for adjournment, and reservation of rights to the Debtors’ (i) DIP motion,...

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P10 Industries Plan, Supplement Filed

P10 Industries filed with the U.S. Bankruptcy Court a First Amended Pre-packaged Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the P10 Industries disclosure...

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Mood Media Ratings Downgraded

On April 18, 2017, S&P Global Ratings lowered its corporate credit rating on Mood Media Corporation to CC from CCC+ and its 9.25% senior unsecured notes to C from CCC-. “The downgrade follows...

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Violin Memory Plan Effective

Violin Memory’s Second Amended Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Violin Memory’s Plan on April 18,...

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Aztec Oil & Gas Disclosure Statement Conditionally Approved

The U.S. Bankruptcy Court gave conditional approval to Aztec Oil & Gas creditors Franklin Fisher, Jr. and Livingston Growth Fund Trust’s proposed Second Amended Disclosure Statement. The order...

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BioNitrogen Holdings Dismissal Motion Filed

The U.S. Trustee filed with the U.S. Bankruptcy Court an expedited motion to convert BioNitrogen Holdings’ cases to Chapter 7 and an objection to the motion to dismiss. The motion explains, “After...

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Vanguard Natural Resources Objection Filed, Seal Approval Sought

Vanguard Natural Resources’ ad hoc equity committee filed with the U.S. Bankruptcy Court a redacted preliminary objection to the Debtor’s disclosure statement, and request for valuation hearing. The...

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Adeptus Health Interim Financing Approved

The U.S. Bankruptcy Court issued an order, on an interim basis, approving Adeptus Health’s motion for interim and final orders authorizing Debtors to obtain post-petition financing; granting liens,...

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Novation Companies Objection Filed

The U.S. Trustee assigned to Novation Companies’ case filed with the U.S. Bankruptcy Court an objection to confirmation of the First Amended Joint Chapter 11 Plan of Reorganization of Novation...

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Vanguard Natural Resources Objection Filed

Vanguard Natural Resources’ ad hoc equity committee filed with the U.S. Bankruptcy Court an objection to the Debtor’s disclosure statement and request for valuation hearing. The equity committee...

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Hancock Fabrics Objection Filed

ACE American Insurance Company, Illinois Union Insurance Company, ACE Property and Casualty Insurance Company, Indemnity Insurance Company of North America, and Federal Insurance Company, together with...

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China Fishery Group Transfer Approved

The U.S. Bankruptcy Court issued an order approving China Fishery Group’s Debtor affiliate CFG Peru Investments (Singapore)’s Chapter 11 trustee’s motion for order authorizing and approving procedures...

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Ciber Credit Agreement Amended

Ciber filed with the U.S. Bankruptcy Court a notice of filing of debtor-in-possession credit agreement. The credit agreement amendment notes, “Subject to the terms and conditions of this Agreement and...

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