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Puerto Rico Bankruptcy Dismissal Sought

Aurelius Investment, Aurelius Opportunities Fund and Lex Claims filed with the U.S. Bankruptcy Court a motion to dismiss the Title III petition filed by the financial oversight and management board for...

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Unilife Bankruptcy Sale Approval Sought

Unilife filed with the U.S. Bankruptcy Court a motion for an order approving the private sale of certain real property located in York, PA, free and clear of all liens, claims, rights and encumbrances...

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Nuverra Bankruptcy Reorganization Plan Effective, Summarized

Nuverra Environmental Solutions’ Amended Prepackaged Plans of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on July...

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SunEdison Bankruptcy Plan Summarized

BankruptcyData’s detailed analysis and summary of SunEdison’s First Amended Joint Plan of Reorganization [Revised], dated June 12, 2017, is now available. The U.S. Bankruptcy Court confirmed the Plan...

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Avaya Bankruptcy Plan Filed

Avaya 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, “The Plan provides for the...

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Westech Capital Bankruptcy Liquidation Approved

The U.S. Bankruptcy Court issued an order converting Westech Capital’s Chapter 11 reorganization to a liquidation under Chapter 7. The order states, “The Court finds that it is in the best interests of...

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Ignite Restaurant Bankruptcy Bidders Announced

Ignite Restaurant Group filed with the U.S. Bankruptcy Court a notice of prevailing bid and backup bid for the sale of substantially all of Debtors’ assets. The notice states, “At the conclusion of the...

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EFH Merger Agreement Revised

Energy Future Holdings (EFH) filed with the U.S. Bankruptcy Court a revised order in connection with its previously-filed merger agreement and. The notice states, “The E-Side Debtors hereby expressly...

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Rooster Energy Bankruptcy Objection Filed

Angelo, Gordon Energy Servicer filed with the U.S. Bankruptcy Court an objection to Rooster Energy’s emergency post-petition financing motion. The objection asserts, “Since the Petition Date, the...

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Hampshire Group Exclusivity Extension Approved

The U.S. Bankruptcy Court approved Hampshire Group’s fourth 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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The Turnaround Letter’s Mid-Year Chapter 11 Bankruptcy Review & Outlook

This article is excerpted from New Generation Research’s  The Turnaround Letter, published by George Putnam, III. ************************************************** Bankruptcy filings by...

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Takata Chapter 15 Bankruptcy Petition Filed

Tokyo, Japan-based Takata (f/k/a Takata Kojo) and two affiliated Debtors filed for Chapter 15 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 17-11713. The...

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Peekay Boutiques Chapter 11 Bankruptcy

Peekay Boutiques (f/k/a Dico and d/b/a Lovers and A Touch of Romance) and 16 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case...

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PSG Bankruptcy Liquidation Plan Filed

Performance Sports Group filed with the U.S. Bankruptcy Court a Chapter 11 Plan of Liquidation. According to documents filed with the Court, “From and after the Effective Date, the Cash (including the...

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National Bar Association President Inducted

The National Bar Association (NBA), the nation’s oldest and largest national network of predominantly African-American attorneys and judges, inducted Juan R. Thomas, Esq. as the organization’s 75th...

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Breitburn Energy Bankruptcy Financing Agreement Approved

The U.S. Bankruptcy Court approved Breitburn Energy Partners’ motion seeking authority to enter into swap agreements, pledge collateral, grant D.I.P. super-priority claims and honor obligations...

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Payless Bankruptcy Reorganization Plan Effective

Payless’ Fifth Amended Joint Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on July 26, 2017. The Company...

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A.M. Castle Bankruptcy Reorganization Plan Summarized

BankruptcyData’s detailed analysis and summary of A.M. Castle & Co.’s Amended Prepackaged Joint Chapter 11 Plan of Reorganization, dated July 25, 2017, is now available. The U.S. Bankruptcy Court...

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Ignite Restaurant Bankruptcy Objection Filed

Fair Lakes Crabhouse, Washingtonian Associates and Navillus Group (collectively, “Objecting Landlords”) filed with the U.S. Bankruptcy Court an objection to Ignite Restaurant Group’s sale motion. The...

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Peekay Bankruptcy Bid Procedures, Sale Approval Sought

Peekay Boutiques filed with the U.S. Bankruptcy Court a motion for an order approving bid procedures in connection with the solicitation and acceptance of higher and better bids, as set forth in the...

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