Quantcast
Channel: Daily Bankrupt Company Updates | Bankrupt Company News
Browsing all 4593 articles
Browse latest View live

Unilife Bankruptcy KERP Approved

The U.S. Bankruptcy Court approved Unilife’s motion for approval of its redacted key employee retention plan (KERP). As previously reported, “The Plan provides for retention payments to the Eligible...

View Article



Memorial Production Partners Bankruptcy Reorganization Effective

Memorial Production Partners’ Second Amended Joint Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection under the name Amplify Energy. The U.S. Bankruptcy Court...

View Article

Permian Resources Distressed Debt Exchange

On May 3, 2017, S&P Global Ratings lowered its corporate credit rating on Permian Resources LLC to SD from CCC and its second-lien secured and unsecured debt ratings to D from CC. “The downgrade...

View Article

Hampshire Group Exclusivity Extension Approved

The U.S. Bankruptcy Court approved Hampshire Group’s motion to extend by 60 days the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and...

View Article

Commonwealth of Puerto Rico Bankruptcy Committee Sought

Commonwealth of Puerto Rico’s ad hoc retiree committee filed with the U.S. District Court a motion for an order directing the appointment of an official retiree committee and appointing the...

View Article


China Fishery Group Bankruptcy Objections Filed

Multiple parties–including Malayan Banking Berhad (Maybank), Hong Kong Branch; CooperatieveRabobank, DBS Bank (Hong Kong), Standard Chartered Bank (Hong Kong), the club lender parties; Bank of America...

View Article

Breitburn Energy Partners Bankruptcy Extension Sought

Breitburn Energy Partners filed with the U.S. Bankruptcy a motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and...

View Article

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, “The Plan provides...

View Article


Goodman Networks Bankruptcy Plan Summarized

BankruptcyData’s detailed analysis and summary of Goodman Networks’ Amended Joint Prepackaged Chapter 11 Plan of Reorganization, dated May 2, 2017, is now available. The U.S. Bankruptcy Court confirmed...

View Article


Nortel Networks Bankruptcy Reorganization Plan Effective

Nortel Networks’ First Amended Joint Chapter 11 Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed Nortel Networks’ Plan on...

View Article

Implant Sciences Bankruptcy Plan Filed

Implant Sciences filed with the U.S. Bankruptcy Court a Joint Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The Plan provides for the...

View Article

Optima Specialty Steel PSA Filed

Optima Specialty Steel filed with the U.S. Bankruptcy Court a plan support agreement (PSA) relating to the Debtors’ motion for entry of an order (i) authorizing Debtors’ entry into and performance...

View Article

Unilife Bankruptcy KEIP Approved

The U.S. Bankruptcy Court approved Unilife’s key employee incentive plan (KEIP). As previously reported, “The KEIP is designed to provide the Eligible Employees with performance bonus payments in order...

View Article


SunEdison Bankruptcy Objection Filed

SunEdison’s ad hoc shareholder committee filed with the U.S. Bankruptcy Court an objection to the Company’s Disclosure Statement. The objection asserts, “The Ad Hoc Shareholder Committee is a group of...

View Article

Novation Companies Indenture, Senior Notes Amended

Novation Companies filed with the U.S. Bankruptcy Court a notice of filing form of (a) amended indenture and (b) amended senior notes pursuant to the Debtors’ First Amended Joint Chapter 11 Plan of...

View Article


Adeptus Health Bankruptcy Objections Filed

Wexford Spectrum Investors and Debello Investors filed with the U.S. Bankruptcy Court objections (i) to Adeptus Health’s motion to retain DLA Piper (US) as special counsel and (ii) the motion to limit...

View Article

Azure Midstream Partners Bankruptcy Supplement Filed

Azure Midstream Partners filed with the U.S. Bankruptcy Court a Supplement to the Company’s Third Amended Joint Plan of Liquidation. The Supplement contains the following documents: Exhibit A: amended...

View Article


FTI Consulting Expansion Announced

FTI Consulting, Inc. announced the expansion of the firm’s Retail & Consumer Products practice with the addition of three Senior Managing Directors in the United States and Australia. J.D. Wichser,...

View Article

NephroGenex Bankruptcy Plan Confirmed

The U.S. Bankruptcy Court issued an order confirming NephroGenex’s modified Plan of Reorganization. As previously reported, “The total number of shares of stock which the corporation is authorized to...

View Article

Vanguard Natural Resources Continuation Sought

Vanguard Natural Resources filed with the U.S. Bankruptcy Court separate emergency motions to continue until May 26, 2017 the May 16, 2017 final hearing to consider the Debtors’ D.I.P. financing motion...

View Article
Browsing all 4593 articles
Browse latest View live




Latest Images