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Bonanza Creek Energy Bankruptcy Reorganization Complete

Bonanza Creek Energy’s Third Amended Joint Prepackaged Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on April...

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Ameriforge Group Prepackaged Chapter 11 Bankruptcy

Privately-held Ameriforge Group (d/b/a AFGlobal) and 19 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case number 17-32660....

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SquareTwo Financial Objections Filed

The SEC, UMB Bank and the State of Oregon filed with the U.S. Bankruptcy Court separate objections to SquareTwo Financial’s Joint Prepackaged Chapter 11 Plan of Reorganization. The SEC asserts,...

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Novation Companies Compromise Approved

The U.S. Bankruptcy Court issued an order approving Novation Companies’ settlement and compromise of controversy with the New Jersey Carpenters Health Fund. As previously reported, “The key terms of...

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Nuverra D.I.P. Financing Approval Sought

Nuverra Environmental Solutions filed with the U.S. Bankruptcy Court a motion for interim and final orders authorizing the Debtors to obtain financing and utilize the cash collateral of pre-petition...

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SunEdison Replacement D.I.P. Financing Approved

The U.S. Bankruptcy Court approved SunEdison’s motion (a) to obtain replacement post-petition financing pursuant to the U.S. Bankruptcy Code (b), to utilize cash collateral and (c) to repay existing...

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Republic Airways Holdings Bankruptcy Plan Summarized

BankruptcyData’s detailed analysis and summary of Republic Airways Holdings’ Second Amended Joint Plan of Reorganization, dated December 19, 2016, is now available. The U.S. Bankruptcy Court confirmed...

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Ciber Sale Procedures Approved

The U.S. Bankruptcy Court issued an order approving Ciber’s (i) motion for the sale of property free and clear of liens, claims, encumbrances and interests and (ii) an order establishing bidding...

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Paragon Offshore Bankruptcy Plan Amended

Paragon Offshore filed with the U.S. Bankruptcy Court a Fifth Joint Chapter 11 Plan and related Disclosure Statement. According to the Disclosure Statement, “As of the Effective Date, the Plan...

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hhgregg DIP Financing Approved

The U.S. Bankruptcy Court approved hhgregg’s motion to obtain post-petition financing, granting liens and super-priority claims to post-petition lenders, for an order authorizing the use of cash...

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Hancock Fabrics Bankruptcy Liquidation Plan Filed

Hancock Fabrics filed with the U.S. Bankruptcy Court a Second Amended Joint Chapter 11 Plan of Liquidation and related Disclosure Statement. According to the Disclosure Statement, “All Wells Fargo...

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Commonwealth of Puerto Rico Bankruptcy Filing Initiated

The Commonwealth of Puerto Rico (a/k/a Government of Puerto Rico) filed a Title III Petition with the U.S. District Court in the District of Puerto Rico. Title III of the Puerto Rico Oversight,...

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Grandparents.com Bankruptcy Bid Procedures Approved

The U.S. Bankruptcy Court approved Grandparents.com’s emergency motion for bidding procedures, form and manner of sale notices and scheduling sale hearing date. As previously reported, “Subject to...

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Caesars Financials Announced

Caesars Entertainment Corporation (CEC) announced first quarter 2017 financial results, reporting net revenues for CEC increased 1.4% year-over-year to $963 million primarily attributable to strong...

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Azure Midstream Partners Equity Committee Appointed

The U.S. Bankruptcy Court approved Wampanoag Capital’s emergency motion seeking the appointment of an official committee of equity security holders to the Azure Midstream Partners case. As previously...

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Goodman Networks Bankruptcy Settlement Approval Sought

Goodman Networks filed with the U.S. Bankruptcy Court an emergency motion for entry of an order (a) approving a settlement by and between the Debtors and AT&T and (b) approving the settlement by...

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Central Grocers Chapter 11 Bankruptcy

Privately-held Central Grocers (CGI) and 11 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 17-10993. The Company, which...

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P10 Industries Bankruptcy Plan Effective

P10 Industries’ First Amended Prepackaged Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on April 27, 2017....

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SquareTwo Financial Objection Filed

The U.S. Trustee assigned to the SquareTwo Financial case filed with the U.S. Bankruptcy Court an objection to the Company’s Joint Prepackaged Chapter 11 Plan of Reorganization. The Trustee asserts,...

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Goodman Networks Bankruptcy Plan Confirmed

The U.S. Bankruptcy Court issued an order approving Goodman Networks’ Disclosure Statement and concurrently confirming the Amended Joint Prepackaged Chapter 11 Plan of Reorganization. As previously...

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