PFO Global Sale Approval Sought
PFO Global filed with the U.S. Bankruptcy Court a motion to sell certain estate assets by public auction free and clear of all liens, claims and encumbrances. T he motion explains, “The Debtors have...
View Articlerue21 Bankruptcy Objections Filed
rue21’s official committee of unsecured creditors and Woodmont Companies, DDR, DLC Management, GGP Limited Partnership, Gregory Greenfield & Associates, Jones Lang LaSalle Americas, Northwest...
View ArticleGrandparents.com Bankruptcy DS Approved
The U.S. Bankruptcy Court approved Grandparents.com’s Joint Disclosure Statement and scheduled a September 15, 2017 hearing to consider the First Amended Joint Plan of Liquidation, with objections due...
View ArticleFirst NBC Bank Chapter 11 Trustee Sought
First NBC Bank Holding’s official committee of unsecured creditors filed with the U.S. Bankruptcy Court a motion seeking the appointment of a Chapter 11 trustee. The motion explains, “The Committee...
View ArticleSunEdison Bankruptcy Settlement Filed
SunEdison filed with the U.S. Bankruptcy Court a motion for an order approving its entry into and performance under a settlement agreement with AIG Excess Casualty Claims (“AIG”), Xtreme Power, Xtreme...
View ArticleTerraVia Bankruptcy Sale Approved, Dates Fixed
The U.S. Bankruptcy Court approved TerraVia Holdings’ motion for an order approving bidding procedures for the sale of the Debtors’ assets; approving stalking horse protections; scheduling an auction...
View ArticleAdeptus Health Bankruptcy Plan Modified
The U.S. Bankruptcy Court approved Adeptus Health’s motion for leave to modify the Company’s Second Amended Joint Plan of Reorganization and Disclosure Statement. As previously reported, “The Debtors...
View ArticlePuerto Rico Bankruptcy Complaint Filed
American Federation of State, County & Municipal Employees (AFSCME), AFL-CIO filed with the U.S. Bankruptcy Court an adversary complaint against the Financial Oversight and Management Board for...
View ArticleT3M Bankruptcy Liquidation Sought
The U.S. Trustee assigned to the T3M case filed with the U.S. Bankruptcy Court a motion to convert the Chapter 11 reorganization case to a liquidation under Chapter 7. The motion explains, “T3M has...
View ArticleEFH Merger Agreement Amended
Energy Future Holdings filed with the U.S. Bankruptcy Court an amended and superseding motion of the E-Side Debtors for an order authorizing its entry into a merger agreement with Sempra Energy and...
View ArticleGrandparents.com Bankruptcy Compromise Filed
Grandparents.com filed with the U.S. Bankruptcy Court a motion to compromise controversy with VB Funding. The motion explains, “The Debtors seek approval of a settlement reached with VB Funding, which...
View ArticleCecil Bancorp Motion to Modify Filed
Cecil Bancorp filed with the U.S. Bankruptcy Court a motion to modify the Company’s Plan of Reorganization. T he motion explains, “Under the Plan, only two classes of creditors are eligible to cast...
View ArticleCEOC Bankruptcy Agreement Filed
Caesars Entertainment Operating Company filed with the U.S. Bankruptcy Court a motion to approve a compromise and settlement agreement by and among Caesars Entertainment Operating Company (CEOC),...
View Articlerue21 Store Closing Approval Sought
rue21 filed with the U.S. Bankruptcy Court a notice of additional store closings. The notice states, “Pursuant to the Store Closing Order and by this written notice (this ‘Additional Closing Store...
View ArticleEFH Bankruptcy DS Filed
Energy Future Holdings (EFH) filed with the U.S. Bankruptcy Court a Disclosure Statement related to the First Amended Joint Plan of Reorganization for the EFH/Energy Future Intermediate Holdings (EFIH)...
View ArticleAvaya Bankruptcy Reorganization 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, “In developing the Plan, the...
View ArticleAlvarez & Marsal Corporate Performance Improvement Group Expansion Announced
Alvarez & Marsal (A&M) announced the expansion of its Corporate Performance Improvement group and bolstered its operational and supply chain expertise with the addition of seasoned...
View ArticleDestination Maternity Hires Advisors
According to recent press and people familiar with the matter, Destination Maternity Corporation hired adviser Berkeley Research Group to review options in the current weak retail environment. A...
View ArticleNorthern Oil and Gas Possible Debt Exchange
On August 23, 2017, S&P Global Ratings lowered its corporate credit rating on Northern Oil and Gas, Inc. to CCC- from CCC and its unsecured debt rating to CCC- from CCC. According to S&P...
View ArticlePerfumania Holdings Chapter 11 Petition, Plan Filed
Perfumania Holdings and 18 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 17-11794 (Model Reorg Acquisition)....
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