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Cosi Plan Approved

The U.S. Bankruptcy Court approved Cosi’s First Amended Chapter 11 Plan. According to the documents filed with the Court, “The Plan provides for the reorganization of the Debtors and for their...

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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 the confirmation of First Amended Joint Chapter 11 Plan of Reorganization of Novation...

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Bonanza Creek Energy New Board Formed

Bonanza Creek Energy filed with the U.S. Bankruptcy Court a notice of identities of members of the new board. The notice states, “on April 7, 2017, the Bankruptcy Court entered the Order Approving (a)...

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Vanguard Natural Resources Extension Sought

Vanguard Natural Resources filed with the U.S. Bankruptcy Court a motion to extend the exclusivity period for filing a Chapter 11 plan and disclosure statement and to solicit acceptances thereof,...

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Azure Midstream Partners Plan Amended, Hearing Adjourned

Azure Midstream Partners filed with the U.S. Bankruptcy Court a First Amended Joint Plan of Liquidation and related Disclosure Statement. According to the disclosure statement, “On the Effective Date,...

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Avaya Objection Filed, Exhibit Added

Mentor Graphics filed with the U.S. Bankruptcy Court an objection to Avaya’s motion seeking entry of an order approving bidding procedures in connection with the sale of the Debtors’ Networking...

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Ciber KEIP, KERP Approval Sought

Ciber filed with the U.S. Bankruptcy Court a motion for entry of an order approving the Debtors’ key employee incentive plan (KEIP) and key employee retention plan (KERP). The KEIP, KERP motion...

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Azure Midstream Partners Objection Filed

Azure Midstream Partners’ interested party Wampanoag Capital filed with the U.S. Bankruptcy an objection to Debtor’s disclosure statement related to the Plan of Liquidation. The objection asserts, “On...

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Adeptus Health Ombudsman Appointment Sought

The U.S. Bankruptcy Court issued an order to show cause regarding the appointment of a patient care ombudsman for the Adeptus Health’s case. The order states, “The Court shall order the appointment of...

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Implant Sciences M.O.R. Filed

Implant Sciences filed with the U.S. Bankruptcy Court a monthly operating report for March 2017. For the month, the Debtors reported an $1.9 million net loss on zero net revenue and $384,436 in total...

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Dakota Plains Holdings Bankruptcy Liquidation Plan Filed

Dakota Plains Holdings filed with the U.S. Bankruptcy Court a Joint Plan of Liquidation and related Disclosure Statement. According to the Disclosure Statement, “[T]he Debtors conducted an auction of...

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Performance Sports Group Bankruptcy Report Filed

Ernst & Young, Performance Sports Group’s Court-appointed monitor in the Canadian proceedings, filed with the U.S. Bankruptcy Court an eighth report, which states: “Providing the Canadian Court...

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BioNitrogen Holdings Bankruptcy Sale Approved

The U.S. Bankruptcy Court approved the motion of BioNitrogen Holdings’ Debtor affiliate 4A Technologies for an order authorizing the sale of substantially all of its assets, free and clear of liens,...

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Unilife Bankruptcy Objection Filed

Kahle Automation filed with the U.S. Bankruptcy Court an objection to Unilife’s (1) key employee retention plan; (2) motion for bidding procedures in connection with the sale of substantially all of...

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SunEdison Bankruptcy Settlement Approval Sought

SunEdison filed with the U.S. Bankruptcy Court a motion for entry of an order authorizing and approving its entry into a settlement agreement with BCPG PLC. The motion explains, “On January 29, 2016,...

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PaperWorks Industries Ratings Update

On April 26, 2017, S&P Global Ratings revised its outlook on PaperWorks Industries Holding Corp. to negative from stable and affirmed its B- corporate credit rating and lowered its senior secured...

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Nuverra Environmental Solutions Prepackaged Chapter 11 Bankruptcy

Nuverra Environmental Solutions (a/k/a Heckman and Rough Rider Escrow) and 13 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case...

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Republic Airways Holdings Bankruptcy Reorganization Complete

Republic Airways Holdings also filed with the U.S. Bankruptcy Court a fifth amended Schedule 9.1 for its Second Amended Joint Plan of Reorganization. The Company’s Plan subsequently became effective,...

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Paragon Offshore Bankruptcy Reorganization Plan Further Amended

Paragon Offshore filed with the U.S. Bankruptcy Court a Fourth Plan of Reorganization and related Disclosure Statement. According to the Disclosure statement, “With respect to the New Equity Interests...

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Erickson Bankruptcy Reorganization

Erickson’s Second Amended Joint Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on March 22, 2017. According to...

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