Unilife Bankruptcy Sale Approved
The U.S. Bankruptcy Court issued an order approving Unilife’s motion for the private sale of certain real property located in York, PA, free and clear of all liens, claims, rights and encumbrances and...
View ArticleAvaya Bankruptcy DS Approved
The U.S. Bankruptcy Court issued an order approving Avaya’s Disclosure Statement and scheduled a November 15, 2017 hearing to consider the First Amended Joint Chapter 11 Plan of Reorganization, with...
View ArticleCGG Bankruptcy Plan Filed
CGG Holding (U.S.) filed with the U.S. Bankruptcy Court a Revised Joint Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The Plan is part of a...
View ArticleGymboree Bankruptcy Objection Filed
The U.S. Trustee assigned to the Gymboree case filed with the U.S. Bankruptcy Court an objection to Gymboree’s Joint Chapter 11 Plan of Reorganization. The Trustee asserts, “Gymboree Corporation and...
View ArticlePuerto Rico Bankruptcy Complaint Filed
The Financial Oversight and Management Board for Puerto Rico (FOMB) filed with the U.S. Bankruptcy Court an adversary complaint against the Hon. Ricardo Antonio Rosselló (in his official capacity as...
View ArticleGymboree Bankruptcy Objection Filed
The Commonwealth of Pennsylvania, Department of Revenue filed with the U.S. Bankruptcy Court an objection to Gymboree’s First Amended Joint Plan of Reorganization. The objection asserts, “While the...
View ArticleQuadrant 4 Bankruptcy Objection Filed
Quadrant 4 Systems’ official committee of unsecured creditors filed with the U.S. Bankruptcy Court an objection to the Company’s post-petition financing motion. The committee asserts, “The Proposed...
View ArticlePerfumania Bankruptcy Sale Approval Sought
Perfumania Holdings filed with the U.S. Bankruptcy Court a motion for interim and final orders authorizing the Debtors to assume an agency agreement; to sell certain assets through store closing sales;...
View ArticleTriad Guaranty Bankruptcy Objection Filed
Jennifer Hammer, Director of Insurance of the State of Illinois (the statutory and Court-affirmed rehabilitator of Triad Guaranty Insurance Corporation [TGIC] and Triad Guaranty Assurance Corporation...
View Articlehhgregg Exclusivity Extension Sought
hhgregg filed with the U.S. Bankruptcy Court a motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including November...
View ArticlePerfumania Interim Financing Approved
The U.S. Bankruptcy Court issued an interim order approving Perfumania Holdings’ post-petition financing motion. As previously reported, “The agent and D.I.P. lender is Wells Fargo. The Ratification...
View ArticleEFH Bankruptcy Merger Approval Sought
Energy Future Holdings (EFH) filed with the U.S. Bankruptcy Court a motion for an order authorizing the EFH/Energy Future Intermediate Holdings (EFIH) Debtors to consent to Oncor’s entry into the...
View ArticleCGG Bankruptcy DS Approved
The U.S. Bankruptcy Court approved CGG Holding’s Disclosure Statement and scheduled an October 10, 2017 hearing to consider the Revised Joint Chapter 11 Plan of Reorganization. According to the...
View ArticleQuadrant 4 Bankruptcy KERP Approval Sought
Quadrant 4 Systems filed with the U.S. Bankruptcy Court a motion for entry of an order authorizing the Debtor to pay retention bonuses to four key non-insider employees and granting shortened notice in...
View ArticleCarl Marks Advisors Promotion Announced
Carl Marks Advisors announced the promotion of Brian Williams to Partner. With a primary focus in the energy industry, Williams has 20 years of strategic advisory, operating and investment banking...
View ArticleTerraVia Bankruptcy KEIP Approved
The U.S. Bankruptcy Court issued an order approving TerraVia Holdings’ key executive incentive plan (KEIP). As previously reported, “The Debtors assert that the modest bonus payments set forth in the...
View ArticleGymboree Bankruptcy Plan Amended
Gymboree filed with the U.S. Bankruptcy Court an Amended Joint Chapter 11 Plan of Reorganization, which notes the following: “Class 5 consists of all General Unsecured Claims. Except as otherwise...
View ArticleWestMountain Gold Bankruptcy Extension Approved
The U.S. Bankruptcy Court approved WestMountain Gold’s motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including...
View ArticlePerfumania Bankruptcy Plan Revised
Perfumania Holdings filed with the U.S. Bankruptcy Court a Revised Prepackaged Joint Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The Plan...
View ArticleAvaya Bankruptcy Extension Sought
Avaya filed with the U.S. Bankruptcy Court a motion seeking entry of a third order extending the Debtors’ exclusive periods to file a Chapter 11 Plan and solicit acceptances thereof through and...
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