August 30, 2021 – Further to their August 24th announcement that they had reached agreement with key stakeholders as to a comprehensive restructuring (and entered into an amended Plan Support Agreement), the Debtors have now requested Court authority to (i) enter into a $1.5bn replacement debtor-in-possession (“DIP”) financing facility (the "Replacement DIP Facility"); the proceeds…

August 26, 2021 – The Court hearing the Bouchard Transportation cases confirmed the Debtors’ Amended Plan of Reorganization [Docket No. 1319]. On September 28, 2020, privately held Bouchard Transportation Co., Inc. and four affiliated Debtors (“Bouchard” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas,…

August 23, 2021 – The Debtors filed an Amended Plan of Reorganization and a related redline showing changes to the version filed on July 9, 2021 [Docket No. 1293].  Also on August 23rd, Judge Jones held a brief hearing to share that a settlement had been reached amongst, inter alia, the Debtors, the Debtors' official…

August 24, 2021 – The Debtors filed an Amended 11 Plan and a related Disclosure Statement with each attaching a redline showing changes from the version of the document filed on August 13, 2021 [Docket Nos. 908 and 909, respectively]. At an August 24th hearing, Judge David Jones conditionally approved the Disclosure Statement and proposed…

August 25, 2021 – The Court hearing the L’Occitane case issued an order confirming the Second Amended Plan of Reorganization filed by the Debtor in conjunction with its official committee of unsecured creditors (the “Creditors’ Committee” and, together with the Debtor, the “Plan Proponents”) [Docket No. 521]. On January 25, 2021, L'Occitane, Inc. (“L'Occitaine or…

August 24, 2021 – The Debtors filed an Amended Chapter 11 Plan and a related Disclosure Statement, with each attaching redlines showing changes from the version filed on February 12, 2021 [Docket Nos. 2692 and 2693, respectively].  In a press release (see also also 8-K on PSA and which attaches cleansing materials) announcing the filing…

August 24, 2021 – The Debtors filed a First Amended Plan of Reorganization and a related Disclosure Statement Supplement [Docket Nos. 893 and 894, respectively] with the Plan also attaching a redline showing changes to the versions filed on July 12, 2021 [Docket Nos. 338 and 339, respectively]. The Debtors further filed a motion requesting…

August 24, 2021 – The Debtors filed an Amended 11 Plan and a related Disclosure Statement with each attaching a redline showing changes from the version of the document filed on August 13, 2021 [Docket Nos. 908 and 909, respectively]. At an August 24th hearing Judge David Jones conditionally approved the Disclosure Statement and proposed…

August 23, 2021 – The Debtors filed an Amended Plan of Reorganization and a related redline showing changes to the version filed on July 9, 2021 [Docket No. 1293].  Also on August 23rd, Judge Jones held a brief hearing to share that a settlement had been reached amongst, inter alia, the Debtors, the Debtors' official…

August 23, 2021 – The Court hearing the TECT Aerospace Group Holdings cases extended (for a second time) the periods during which the Debtors have an exclusive right to file a Plan and solicit acceptances thereof, through and including October 4, 2021 and December 2, 2021, respectively [Docket No. 442]. Absent the relief, the initial…