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Gymboree Bankruptcy Objection Filed

The U.S. Trustee assigned to the Gymboree case filed with the U.S. Bankruptcy Court an objection to the Company’s Disclosure Statement. The Trustee asserts, “The Gymboree Corporation and certain of its...

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Paragon Bankruptcy Plan Modified

The U.S. Bankruptcy Court issued an order (i) authorizing modification of Paragon Offshore’s Fifth Joint Plan of Reorganization and (ii) determining that further disclosure and resolicitation of votes...

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Vanguard Bankruptcy Reorganization Plan Confirmed

The U.S. Bankruptcy Court issued an order confirming Vanguard Natural Resources’ Modified Second Amended Joint Plan of Reorganization. As previously reported, “The Lender Claims shall be Allowed in an...

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Katy Bankruptcy Sale Approved

The U.S. Bankruptcy Court approved Katy Industries’ motion for an order approving and authorizing the sale of substantially all of the Debtors’ assets to the successful bidder free and clear of all...

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Paragon Bankruptcy Reorganization Plan Effective

Paragon Offshore filed with the U.S. Bankruptcy Court a second amended Supplement to its Fifth Joint Chapter 11 Plan. The Supplement contains the following documents: Exhibit A-1: articles of...

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SunEdison Bankruptcy Plan Hearing Adjournment Sought

CNH Partners and AQR Capital Management filed with the U.S. Bankruptcy Court a motion for an order adjourning the hearing to consider SunEdison’s First Amended Joint Plan of Reorganization. The motion...

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Triad Guaranty Bankruptcy Liquidation Denied

The U.S. Bankruptcy Court denied the motion of the U.S. Trustee assigned to the Triad Guaranty case for an order converting the Chapter 11 reorganization to a liquidation under Chapter 7. The denial...

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In Memoriam: Mark Stingley, Bryan Cave Partner

Bryan Cave announced its deep sadness over the sudden passing of Partner Mark Stingley. Stingley joined Bryan Cave in 1995 as a Partner in the Kansas City office and has been the global head of Bryan...

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DirectBuy Bankruptcy Dismissal Approved

The U.S. Bankruptcy Court issued an order dismissing the DirectBuy Holdings’ Chapter 11 case and granting related relief. The Debtor’s dismissal motion previously argued, “The Debtors commenced these...

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EFH Bankruptcy Objections Filed

Multiple parties – including Elliott Associates, Elliott International and The Liverpool Limited Partnership (collectively, Elliott Funds) UMB Bank and Sunrise Partners Limited Partnership – filed with...

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Hampshire Bankruptcy Liquidation Plan Filed

Hampshire Group and its official committee of unsecured creditors filed with the U.S. Bankruptcy Court a Joint Chapter 11 Plan of Liquidation and related Disclosure Statement. According to the...

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Katy Workers Comp Ruling Issued

The U.S. Bankruptcy Court issued an interim order approving the Missouri Department of Labor & Industrial Relations, Division of Workers’ Compensation’s emergency motion to compel Katy Industries’...

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A.M. Castle Bankruptcy Objection Filed

SAP America filed with the U.S. Bankruptcy Court an objection to A.M. Castle & Co.’s Plan and proposed assumption or assignment of executory contract and, alternatively, post-rejection retention of...

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hhgregg Bankruptcy KERP Approved

The U.S. Bankruptcy Court approved hhgregg’s key employee retention program (KERP) for certain non-insiders. As previously reported, “The KERP is structured to ensure the retention of 38 of the...

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SunEdison Bankruptcy Plan Adjournment Opposed

SunEdison filed with the U.S. Bankruptcy Court a statement of opposition to the motion filed by CNH Partners and AQR Capital Management for an order adjourning the hearing to consider the Company’s...

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21st Century Oncology PCO Report Filed

21st Century Oncology Holdings’ patient care ombudsman (PCO) filed with the U.S. Bankruptcy Court a report for the period of June 20, 2017 through July 20, 2017. The report notes, “To better understand...

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Ciber Caption Amendment Sought

Ciber filed with the U.S. Bankruptcy Court a motion for an order authorizing the Debtors to amend the case caption. The motion explains, “By this Motion, the Debtors seek entry of an order pursuant to...

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Breitburn Energy Bankruptcy Extension Approved

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

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Moody’s Downgrades Revlon Consumer Products

On July 20, 2017, Moody’s Investors Service downgraded Revlon Consumer Products Corporation’s corporate family rating to B2 from B1, probability of default rating to B2-PD from B1-PD, senior secured...

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Going Concern Issued for Camber Energy

In Form 10-K filed on July 14, 2017, Camber Energy, Inc.’s auditor, GBH CPAs, PC, raised substantial doubt about the Company’s ability to continue as a going concern. According to GBH CPAs, the Company...

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