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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...

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Avaya 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...

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CGG 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...

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Gymboree 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...

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Puerto 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...

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Gymboree 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...

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Quadrant 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...

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Perfumania 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;...

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Triad 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...

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hhgregg 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...

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Perfumania 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...

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EFH 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...

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CGG 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...

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Quadrant 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...

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Carl 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...

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TerraVia 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...

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Gymboree 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...

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WestMountain 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...

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Perfumania 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...

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Avaya 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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