Southcross Holdings Bankruptcy Plan Effective
Southcross Holdings’ Joint Prepackaged Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the privately-held Company’s Plan...
View ArticleAztec Oil & Gas Chapter 11 Petition Filed
According to the U.S. Bankruptcy Court docket, Aztec Oil & Gas and 17 affiliated Debtors filed for Chapter 11 protection in Houston, TX. According to documents filed with the Court, “Funds will be...
View ArticleRelativity Media Plan Effective
Relativity Media’s Fourth Amended Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on February 8, 2016....
View ArticleAurora Diagnostics Holdings Downgraded
On April 12, 2016, Moody’s Investors Service downgraded the corporate family rating of Aurora Diagnostics Holdings, LLC to Caa3 from Caa2, its probability of default rating to Caa3-PD from Caa2-PD and...
View ArticleNew Gulf Resources Plan Confirmed, Supplement Filed
The U.S. Bankruptcy Court confirmed New Gulf Resources’ First Amended Chapter 11 Plan of Reorganization and related Disclosure Statement. As previously reported, “The Plan substantially deleverages the...
View ArticleVerso Plan Filed
Verso filed with the U.S. Bankruptcy Court a First Amended Joint Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the disclosure statement, “Under the Plan, 100% of the...
View ArticleHII Technologies Plan Confirmed
The U.S. Bankruptcy Court approved HII Technologies’ Third Amended Chapter 11 Plan of Reorganization. According to documents filed with the Court, “On the Effective Date, Reorganized HIIT shall (i)...
View ArticleSG Blocks Plan Filed
SG Blocks filed with the U.S. Bankruptcy Court an Amended Plan of Reorganization and related Disclosure Statement. According to the Disclosure statement, “On the Effective Date of the Plan, the Debtor...
View ArticleMagnum Hunter Resources Modified Plan Confirmed
The U.S. Bankruptcy Court confirmed Magnum Hunter Resources’ Modified Third Amended Joint Chapter 11 Plan of Reorganization. As previously reported, “The Second Lien Claims shall be Allowed in the...
View ArticleResponse Genetics Case Dismissed
The U.S. Bankruptcy Court issued an order approving Response Genetics’ motion to dismiss its Chapter 11 proceeding. The dismissal order states, “The Debtor has demonstrated sufficient bases for the...
View ArticleBlack Elk Energy Offshore Operations Objections Filed
The United States, on behalf of the United States Department of Justice, McMoran Oil & Gas, Merit Energy Company, and W&T Offshore filed with the U.S. Bankruptcy Court separate objections to...
View ArticleRCS Capital Compromise/Sale Motion Approved
The U.S. Bankruptcy Court approved RCS Capital’s affiliated Debtor Cetera Financial Holdings’ motion to approve a compromise and the sale of interests in Docupace Technologies and approve the...
View ArticleAlpha Natural Resources Objections Filed
Multiple parties – including Aspen American Insurance Company, Fidelity & Deposit Company of Maryland, Indemnity National Insurance Company, Traveller’s Casualty & Surety Company of America,...
View ArticleRepublic Airways Holdings Settlement Approved
The U.S. Bankruptcy Court approved Republic Airways Holdings’ motion to (i) approve a settlement agreement with respect to 27 Bombardier Q-400 aircraft and (ii) authorizing the Debtors to (a) reject...
View ArticleBlack Elk Energy Offshore Operations Objection Filed
Fieldwood Entities filed with the U.S. Bankruptcy Court an objection to Black Elk Energy Offshore Operations’ Disclosure Statement and Proposed Plan of Liquidation. The objection explains, “The Debtor...
View ArticleEmerald Oil Objection, Joinder Filed
Emerald Oil’s official committee of unsecured creditors filed with the U.S. Bankruptcy Court a preliminary objection to the Debtors’ motion for entry of interim and final orders (i) authorizing the...
View ArticlePacific Sunwear of California Committee Appointed
The U.S. Trustee assigned to the Pacific Sunwear of California case appointed an official committee of unsecured creditors. The following members will serve on the committee: Charles Pfeiffer, a Class...
View ArticleEnergy & Exploration Partners Objection Filed
The United States Trustee assigned to the Energy & Exploration Partners’ case filed with the U.S. Bankruptcy Court an objection to Energy & Exploration Partners’ motion approving voluntary...
View ArticlePostRock Energy Bond of Trustee Approval Sought
PostRock Energy filed with the U.S. Bankruptcy Court a bond of trustee and approval in the amount of $5 million with Liberty Mutual Insurance Company as surety. The documents filed with the Court...
View ArticleVenoco RSA Approved
The U.S. Bankruptcy Court approved Venoco’s amended and restated restructuring support agreement (RSA). As previously reported, “Under the Plan attached to the RSA, in exchange for their claims,...
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