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Ciber Bankruptcy Agreement Enforcement Sought

Ciber Global (f/k/a HTC Global Ventures [HTC]) filed with the U.S. Bankruptcy Court a motion to authorize and enforce the terms of Ciber’s asset purchase agreement dated as of May 17, 2017, as amended....

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Appvion Bankruptcy KERP Approval Sought

Appvion filed with the U.S. Bankruptcy Court a motion to approve the Debtors’ key employee retention plan (KERP). The motion explains, “The Company shall pay to each KERP Participant an amount (the...

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SunEdison Expiration Dates Extended

SunEdison filed with the U.S. Bankruptcy Court a notice of extension of the rights offering expiration date until November 7, 2017. The notice explains, “Pursuant to Section B.1 of the Amended Rights...

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Cecil Bancorp Bankruptcy Plan Effective

Cecil Bancorp’s Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on October 11, 2017. BankruptcyData’s Plan...

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FirstEnergy Solutions Possible Bankruptcy

In Form 10-Q filed on October 26, 2017, for the quarterly period ended September 30, 2017, FirstEnergy Solutions Corp. (FES) notes, “…lack of clarity regarding the timing and viability of alternative...

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Walter Investment Management to File Prepack

On October 20, 2017, Walter Investment Management Corp. announced that it has entered into a Restructuring Support Agreement with certain holders of more than 50% by principal amount of the Company’s...

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General Wireless Operations (dba RadioShack) Plan Confirmed

The U.S. Bankruptcy Court issued an order approving the Disclosure Statement and concurrently confirming General Wireless Operations’ (GWOI) Modified First Amended Joint Plan of Reorganization....

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Appvion Bankruptcy Objection Filed

Appvion’s official committee of unsecured creditors filed with the U.S. Bankruptcy Court an objection to the Company’s D.I.P. financing motion. The committee asserts, “After the payment of the interest...

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SunEdison Motion to Reclassify Filed

SunEdison filed with the U.S. Bankruptcy Court a second motion for entry of an order subordinating and reclassifying claims based on the purchase or sale of securities of the Debtors or their...

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Ezra Bankruptcy KEIP Approval Sought

Ezra Holdings filed with the U.S. Bankruptcy Court a motion for entry of an order authorizing implementation of an employee incentive plan and payment of obligations arising thereunder as...

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True Religion Emerges from Bankruptcy

True Religion Apparel’s Second Amended Joint Chapter 11 Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. C.E.O. John Ermatinger comments, “With substantial...

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M & G Additional Chapter 11 Filings Initiated

Privately-held M & G USA and 11 affiliated Debtors (including parent Luxembourg-based Mossi & Ghisolfi International S.a r.l.) filed for Chapter 11 protection with the U.S. Bankruptcy Court in...

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Appvion Bankruptcy Compromise Approved

The U.S. Bankruptcy Court granted final approval to Appvion’s motion to approve a compromise and for entry of an order approving a stipulation with KeyBank National Association to obtain post-petition...

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Unilife Bankruptcy Compromise Sought

Unilife filed with the U.S. Bankruptcy Court a compromise motion for approval of the settlement of certain claims with present and former officers and directors and certain plaintiffs and their...

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COPSync Bankruptcy Financing Approved

The U.S. Bankruptcy Court issued a final order authorizing and approving COPSync’s senior secured super-priority post-petition financing; (ii) granting liens and super-priority administrative expense...

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Wild Calling Pet Food Bankruptcy Filing

Privately-held Wild Calling Pet Food (f/k/a Western Plains Seed Provisions and d/b/a Natural Pet Specialties, Natural Pet Marketplace and Petersen Packaging) filed for Chapter 11 protection with the...

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TerraVia Bankruptcy Liquidation Plan Filed

TerraVia Holdings filed with the U.S. Bankruptcy Court a Combined Disclosure Statement and Chapter 11 Plan of Liquidation. Documents filed with the Court explain, “The Combined Disclosure Statement and...

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PSG Bankruptcy Plan Filed

Performance Sports Group filed with the U.S. Bankruptcy Court a First Amended Joint Chapter 11 Plan of Liquidation and related Disclosure Statement. According to the Disclosure Statement, “The Plan is...

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Appvion Bankruptcy D.I.P. Financing Approved

The U.S. Bankruptcy Court issued a final order approving Appvion’s post-petition secured financing motion. As previously reported, “The D.I.P. Facility comprises a term loan in an aggregate principal...

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Avaya Bankruptcy PSA Approved

The U.S. Bankruptcy Court approved Avaya’s motion for entry of an order authorizing the Debtors to enter into and perform under a plan support agreement (PSA). As previously reported, “In particular,...

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