January 16, 2020 – Further to the Court’s January 6th bidding procedures order [Docket No. 218], the Debtors filed (i) an asset purchase agreement in respect of a proposed $14.5mn sale of their Taylor Express, Inc. assets (the “Taylor Assets”) to White Willow Holdings LLC (the “Buyer”) and (ii) a notice of its intent to…
January 15, 2020 – The Court hearing the NORPAC Foods cases issued an order [Docket No. 561] approving the asset purchase agreement (the “APA”), dated December 18, 2019, amongst the Debtors and Lineage Master RE, LLC (the “Buyer,” an affiliate of Lineage Logistics) further to which the Buyer agreed to purchase a substantial portion of…
January 15, 2020 – The Court hearing the New England Motor Freight cases confirmed the Debtors’ Combined Chapter 11 Liquidation Plan and Disclosure Statement (the "Combined Document") [Docket No. 1123]. On February 11, 2019, New England Motor Freight and 10 affiliated Debtors (“NEMF” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy…
January 15., 2020 – The Court hearing the Hospital Acquisition cases issued an order [Docket No. 893] confirming the Debtors' Combined Disclosure Statement and Amended Joint Chapter 11 Plan of Liquidation (the "Combined Document"). On May 6, 2019, Privately-held Hospital Acquisition LLC and 25 affiliated Debtors (trading as Lifecare Health Partners, "LifeCare" or the "Debtors")…
September 18, 2008 – Oak Point Partners acquired the remnant assets of the Estates of Scott Acquisition Corp., et al., in September 2008. On September 10, 2004, the Scott Acquisition Corp. and its related entities (“Scotty’s”) filed a chapter 7 petition in the United States Bankruptcy Court for the District of Delaware, assigned Case No….
January 14, 2020 − REVA Medical, Inc. (“Reva” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 20-10072. The Debtor, a medical device company focused on devices for heart conditions, is represented by Stuart Brown of DLA Piper LLP (US). Further board-authorized engagements…
January 13, 2020 – Fresh off its addition to the Alta Mesa Resources Chapter 11 cases, former non-debtor Kingfisher Midstream, LLC and certain of its subsidiaries, (collectively, the “KFM Debtors”) filed a motion [Docket No. 817] requesting each of a bidding procedures order and a sales order. The bidding procedures order would approve (i) bidding…
January 13, 2020 – The Debtors filed their Fourth Amended Joint Chapter 11 Plan, a related Disclosure Statement, and redlines of each of those documents showing changes to versions filed on January 8, 2020 [Docket Nos. 674, 675 and 677, respectively] and then did it all over again later in the day [Docket Nos. 685,…
January 9, 2020 – The Court hearing the Diocese of Rochester case has extended the periods during which the Debtor has an exclusive right to file a Chapter 11 Plan, and solicit acceptances thereof, through and including April 9, 2020 and June 8, 2020, respectively [Docket No. 355]. Absent the requested relief, the Plan filing…
January 9, 2019 – FTI Consulting, Inc. (NYSE: FCN) has promoted 11 members of its Corporate Finance & Restructuring team to Senior Managing Director. The new Senior Managing Directors include Anton Chernuousenko and Abhinav Trehan in London; Heath Gray and Rick Jordon in New York; Leonardo Florencio in São Paulo; Christopher Lee in San Francisco;…
