November 24, 2020 – The Debtors filed a First Amended Plan of Liquidation and a related Disclosure Statement [Docket Nos. 1260 and 1261, respectively] and further filed blacklines showing changes to the versions of those documents filed on October 29, 2020 [Docket Nos. 1263 and 1267].  Also on November 24th, the Court hearing the Lucky’s…

November 20, 2020 – The Debtors filed their Fourth Amended Plan of Reorganization and a related Disclosure Statement [Docket Nos. 1450 and 1453, respectively], and separately filed interim and cumulative redlines showing changes to the versions of those documents filed on October 25th (2nd Amended Plan) and November 13, 2020 (Third Amended Plan) [Docket Nos….

November 24, 2020 – The Court hearing the YogaWorks cases issued an order approving the Debtors’ proposed key employee retention plan (the “KERP”) covering 17 non-insiders at a maximum aggregate cost of $60k [Docket No. 184]; the KERP, the Debtors insist, necessary to seeing their asset sale efforts through to completion. On November 10, 2020,…

November 25, 2020 – The Court hearing the Northwest Hardwoods cases issued an order approving the Debtors’ (i) proposed Plan solicitation and voting procedures and (ii) a proposed timetable culminating in a January 6th combined hearing [Docket No. 64]. As standard with most prepackaged Chapter 11 cases, the order also conditionally waives (a) the Debtors'…

November 24, 2020 – Further to a motion filed by the U.S. Trustee assigned to the Debtors’ cases, the Court hearing the Sizmek Inc. cases issued an order converting the Debtors’ Chapter 11 cases to cases under Chapter 7 [Docket No. 908]. The U.S. Trustee had argued [Docket No. 899] that, absent further expected proceeds…

October 30, 2020 – The U.S. Trustee assigned to the Debtors' cases filed a motion to convert the Debtors’ Chapter 11 cases to cases under Chapter 7 [Docket No. 899] arguing that absent further expected proceeds from the sale of the Debtors' Demand-Side Platform (“DSP”) and Data Management Platform (”DMP”) assets to Zeta Global Holdings…