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Armstrong Energy Bankruptcy

Armstrong Energy (f/k/a Armstrong Land Company) and eight affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Eastern District of Missouri, lead case number...

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Soupman Bankruptcy Liquidation Approved

The U.S. Bankruptcy Court issued an order converting Soupman’s Chapter 11 reorganization to a liquidation under Chapter 7. The conversion order states, “The Debtors shall forthwith turn over to the...

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First NBC Bank Bankruptcy Stipulation Filed

First NBC Bank Holding filed with the U.S. Bankruptcy Court a proposed stipulation between the Debtor and the official committee of unsecured creditors. According to documents filed with the Court,...

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Garden Fresh Restaurant Bankruptcy Dismissed

The U.S. Bankruptcy Court entered an order approving privately-held Garden Fresh Restaurant Holdings’ motion to effectuate the dismissal of the Chapter 11 cases and approving procedures related...

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Quadrant 4 Systems Bankruptcy Extension Approved

The U.S. Bankruptcy Court approved Quadrant 4 Systems’ 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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Bestwall Asbestos Bankruptcy Initiated

Bestwall filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Western District of North Carolina, case number 17-31795. The Company, which holds the equity of industrial plaster...

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Ciber Bankruptcy Compromise Filed

Ciber filed with the U.S. Bankruptcy Court a motion to approve a compromise and settlement by and among the Debtors and Zayo Group. The motion explains, “Zayo currently asserts general unsecured claims...

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Katy Industries Bankruptcy Objection Filed

The Pension Benefit Guaranty Corporation (PBGC) filed with the U.S. Bankruptcy Court an objection to Katy Industries’ motion for an order authorizing the Debtor to consent to, and take any further...

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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, “Although...

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Breitburn Energy Bankruptcy Financing Amended

Breitburn Energy Partners filed with the U.S. Bankruptcy Court a motion to approve a sixth amendment to the Company’s post-petition financing arrangements. The notice states, “Pursuant to this Motion,...

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Dairy Queen Franchisee Vasari Bankruptcy Filing

A privately-held Dairy Queen franchise network owned by Vasari (DBA Dairy Queen) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Northern District of Texas, Fort Worth Division,...

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Cobalt International Energy Possible Ch. 11

In Form 10-Q filed on November 2, 2017, Cobalt International Energy, Inc. filed their unaudited financial statements for the quarterly period ended September 30, 2017. The Company announced that they...

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Cumulus Media Forgoes Interest Payment

In Form 8-K filed by Cumulus Media Inc. on November 1, 2017, the Restructuring Committee of the Company’s board of directors authorized the Company to forgo the scheduled interest payment on November...

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Odebrecht Oleo e Gas Chapter 15 Bankruptcy

Rio de Janeiro, Brazil-based Odebrecht Oleo e Gas and ten affiliated Debtors filed for Chapter 15 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number...

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Quadrant 4 Bankruptcy Bid Procedures Approved

The U.S. Bankruptcy Court approved the motion of Stratitude (a wholly-owned subsidiary of Quadrant 4 Systems) for the entry of an order approving the sale process and bidding procedures with respect to...

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Ironclad Performance Bankruptcy Sale Approved

The U.S. Bankruptcy Court issued an order approving sale of substantially all of Ironclad Performance Wear’s assets free and clear of all encumbrances; approving the Debtors’ assumption and assignment...

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hhgregg Bankruptcy KEIP Amended

The U.S. Bankruptcy Court approved hhgregg’s motion for an order amending the Company’s key employee incentive program (KEIP). As previously reported, “The Debtors now seek to amend the KEIP insofar as...

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EFH TCEH Final Decree Issued

The U.S. Bankruptcy Court presiding over the Energy Future Holdings (EFH) case issued a final decree (a) closing certain Texas Competitive Electric Holdings (TCEH)-related Chapter 11 cases, (b)...

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hhgregg Bankruptcy 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 February...

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GenOn Energy Bankruptcy Objections Filed

Multiple parties–including the U.S. Trustee assigned to the GenOn Energy case; the City of Oxnard, California; Arch Insurance Company; Westchester Fire Insurance Company; Natural Gas Litigation Midwest...

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