October 14, 2021 – Red River Waste Solutions, LP  (“Red River” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Northern District of Texas, lead case number 21-42423 (Judge Edward L. Morris). The Debtor, a family run provider of waste management services to more than 310,000 households and commercial…

October 8, 2021 – Further the Court's September 24th bidding procedures order [Docket No. 138], the Debtors have now designated With You, Inc. (“With You”) as the stalking horse bidder in respect of a proposed sale of the Debtors' 62.5% of the membership interests of With You LLC ("WYLLC;" Sequential Brands Group, Inc. is the…

October 8, 2021 – Further to key settlements and Court approval of the Debtors' asset sale to non-debtor affiliate CPSTN Operations, the Debtors have now filed a Combined Plan of Liquidation and Disclosure Statement (the “Combined Document”) and a motion requesting Court approval of (i) the Disclosure Statement element of the Combined Document (conditionally), (ii)…

October 7, 2021 – Further to a September 21st bidding procedures order [Docket No. 436] and the completion of an auction held on October 1st, the Court hearing the Fresh Acquisitions cases issued an order approving the sale of substantially all the Debtors’ assets to BBQ Growth, LLC (“BBQ” or the “Purchaser,” an affiliate of…

October 6, 2021 – The Debtors filed a bidding procedures motion [Docket No. 213] which requests Court approval of (i) proposed bidding procedures for a sale of substantially all of Debtors' assets and (ii) a proposed timetable culminating in an March 28th auction and a TBD sale hearing. The proposed bidding procedures are part of…

October 6, 2021 – The Court hearing the CMC II, LLC cases has issued an order approving the sale of substantially all of the Debtors' assets to CPSTN Operations LLC ("CPSTN" or the "Purchaser," a non-debtor affilate) [Docket No. 590] for consideration that includes the entirety of amounts owed by the Debtors to CPSTN under…

October 5, 2021 – Markel CATCo Reinsurance Fund Ltd. and three affiliated Debtors (“[Markel CATCo” or the “Debtors”) filed for Chapter 15 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 21-11733. The Debtors, an insurance-linked investment fund creator and manager, are represented by Skadden, Arps, Slate, Meagher…

October 4, 2021 – Further to the Debtors' request, the Court hearing the Forever 21 Cases has issued an order approving procedures for the dismissal of the Debtors’ Chapter 11 cases [Docket No. 2118]. The order follows the late resolution of an objection filed by the U.S. Trustee assigned to the Debtors' case which had…

October 4, 2021 – Further to a September 21st bidding procedures order [Docket No. 436] and the completion of an auction held on October 1st, the Debtors notified the Court that they have designated BBQ Growth, LLC ("BBQ" or the "Purchaser," an affiliate of BBQ Holdings Inc.  as the successful bidder for substantially all of…