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...
View ArticleParagon 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...
View ArticleVanguard 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...
View ArticleKaty 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...
View ArticleParagon 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...
View ArticleSunEdison 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...
View ArticleTriad 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...
View ArticleIn 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...
View ArticleDirectBuy 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...
View ArticleEFH 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...
View ArticleHampshire 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...
View ArticleKaty 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’...
View ArticleA.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...
View Articlehhgregg 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...
View ArticleSunEdison 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...
View Article21st 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...
View ArticleCiber 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...
View ArticleBreitburn 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...
View ArticleMoody’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...
View ArticleGoing 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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