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Energy Future Holdings Sale Completed

According to a corporate release Energy Future Holdings’ subsidiary Luminant has acquired two combined-cycle natural gas plants in Texas after receiving regulatory approval from the Public Utility...

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Caesars Entertainment Operating Company Plan Filed

Caesars Entertainment Operating Company filed with the U.S. Bankruptcy Court a Second Modified Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement,...

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GreenHunter Resources KEIP Approval Sought

According to the U.S. Bankruptcy Court docket, GreenHunter Resources filed a motion for entry of an order authorizing GreenHunter Resources filed with the U.S. Bankruptcy Court a motion for entry of an...

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Life Partners Holdings Procedures Sought, Plan Filed

Vida Capital filed with the U.S. Bankruptcy Court a motion to establish formal procedures for a competing plan process for the Life Partners Holdings case. The motion explains, “After several...

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Pacific Sunwear of California Chapter 11 Petition Filed

According to the U.S. Bankruptcy Court docket, Pacific Sunwear of California (aka PacSun) filed for Chapter 11 protection in Wilmington, DE. Concurrent with its Chapter 11 filing, the Company announced...

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Walter Energy Release Sought

Walter Energy filed with the U.S. Bankruptcy Court a motion for the entry of an order authorizing and directing the trustee of Walter Industries’ deferred compensation plan trust to terminate the trust...

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Verso Closure Announced

According to a corporate release, Verso announced the closure of its paper mill located in Wickliffe, KY. The mill has been idle since November 2015 as a result of a continuing and accelerated decline...

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Samson Resources Stipulation Approval Sought, Granted

Samson Resources filed with the U.S. Bankruptcy Court a stipulation between the Company and Southern Ute Indian Tribe and the Departments and Agencies of the Federal Government extending the Debtors’...

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Winsway Enterprises Holdings Limited Chapter 15 Petition Filed

Bejing, China-based Winsway Enterprises Holdings Limited (f/k/a Winsway Coking Coal Holdings Limited) filed for Chapter 15 protection with the U.S. Bankruptcy Court in the Southern District of New...

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Energy & Exploration Partners Settlement, Executive Change Approval Sought

Energy & Exploration Partners (ENXP) filed with the U.S. Bankruptcy Court a motion to compromise a controversy with B. Hunt Pettit, the Company’s founder, chairman of the board, president and...

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Digital Domain Media Group Motion to Compel Filed

The U.S. Trustee assigned to Digital Domain Media Group case filed with the U.S. Bankruptcy Court a motion to compel the filing of a Chapter 11 Plan, or in the alternative, dismissing or converting the...

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KaloBios Pharmaceuticals Extension Sought

According to the U.S. Bankruptcy Court docket, KaloBios Pharmaceuticals filed a motion to extend the exclusive period during which the Debtors can file a Chapter 11 plan and solicit acceptances thereof...

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Pacific Sunwear of California Bid Procedures Approval Sought

Pacific Sunwear of California filed with the U.S. Bankruptcy Court a motion to approve bidding procedures, scheduling the bid deadline and auction and granting related relief. Term loan lender Golden...

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Chaparral Energy Default and Downgrade

As stated in Form 8-K filed on April 5, 2016, Chaparral Energy, Inc. did not make the interest payment on the 8.25% Senior Notes within the 30-day grace period. As a result, an event of default...

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Alpha Natural Resources Purchase Agreement Announced

Rice Energy announced its entry into a stalking horse asset purchase agreement with a subsidiary of Alpha Natural Resources to acquire Marcellus and Utica assets in central Greene County, PA for $200...

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Energy XXI Chapter 11 Bankruptcy Restructuring

According to documents filed with the U.S. Bankruptcy Court, Energy XXI and 24 affiliated Debtors filed for Chapter 11 protection in Houston, TX. The Company announced its entry into a restructuring...

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SIGA Technologies Plan Effective

SIGA Technologies’ Third Amended Chapter 11 Plan became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on April 8, 2016. Eric Rose, Chairman...

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Hydrocarb Energy Chapter 11 Petition Filed

Hydrocarb Energy and subsidiary Debtor Galveston Bay Energy filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case number 16-31922. The Company,...

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American Eagle Energy Conversion Sought

According to the U.S. Bankruptcy Court docket, American Eagle Energy’s official committee of unsecured creditors filed a motion to convert the Chapter 11 reorganization case to a liquidation under...

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Goodrich Petroleum Chapter 11 Petition Filed

According to the U.S. Bankruptcy Court docket, Goodrich Petroleum and its subsidiary filed for Chapter 11 protection in Houston, TX. The Company announced that the filing was made in order to implement...

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