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...
View ArticleUnilife 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...
View ArticleNuverra 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...
View ArticleSunEdison 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...
View ArticleAvaya 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...
View ArticleWestech 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...
View ArticleIgnite 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...
View ArticleEFH 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...
View ArticleRooster 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...
View ArticleHampshire 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...
View ArticleThe 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...
View ArticleTakata 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...
View ArticlePeekay 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...
View ArticlePSG 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...
View ArticleNational 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...
View ArticleBreitburn 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...
View ArticlePayless 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...
View ArticleA.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...
View ArticleIgnite 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...
View ArticlePeekay 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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