November 29, 2021 – The Debtors filed a second revised Plan and Disclosure Statement [Docket No. 2184 and 2186, respectively]; and separately filed blacklines of each showing changes to the versions filed on October 15, 2021 [Docket Nos. 2187 and 2188]. On November 11th (U.S. press release dated the 12th), Aeroméxico announced that it had:…

November 25, 2021 – The Debtor filed a Third Amended Plan and a related Disclosure Statement (the Plan attached as Exhibit A to the Disclosure Statement) and blacklines of each showing changes to the versions filed on November 3, 2021 [Docket No. 196]. The revised Plan documents include a considerably more evolved understanding of how…

November 22, 2021 – The Court hearing the ORG GC Midco case confirmed the Debtor’s Amended Prepackaged Plan of Reorganization [Docket No. 105]. On November 21, 2021, in advance of its November 22nd Plan confirmation hearing, the Debtor filed an amended Prepackaged Plan and a related redline showing changes to the version filed on November…

November 22, 2021 – The Court hearing the Limetree Bay Refining cases issued an order approving amended bidding procedures in respect of a sale of substantially all of the Debtors’ assets [Docket No. 813]. As amended (the original order issued on August 11 at Docket No. 392) the bidding procedures order provides recently named stalking…

November 22, 2021 – Further to the Debtors' June 22nd motion [Docket No. 560], the Court hearing the PSI Liquidation, Inc. (f/k/a Paper Source, Inc.) cases issued an order dismissing the Debtors’ Chapter 11 cases [Docket No. 816]. In the June 22nd motion, the Debtors requested a pair of Court orders: (i) an “Implementation Order”…

November 19, 2021 – The Debtors filed an Amended Plan of Reorganization and a related Disclosure Statement [Docket Nos. 342 and 343, respectively], and separately filed redlines of each document showing changes to the versions filed on October 4, 2021 [Docket No. 348].  The Debtors' heavily revised Plan and Disclosure Statement reflect the abandonment of…

November 19, 2021 – The Court hearing the Aluminum Shapes case issued an order approving the $32.0mn sale of substantially all of the Debtor's assets to VV9000 LLC (the “Buyer”) [Docket No. 282]. The order caps what has been a somewhat chaotic sale/auction process that has seen (i) Reich Bros, (ii) a newly formed Delaware…

November 19, 2021 – The Debtors notified the Court that their Prepackaged Chapter 11 Plan of Reorganization had become effective as of November 19, 2021 [Docket No. 106]. The Court had previously confirmed the Debtors’ Plan on November 12, 2021, adding these Debtors to a growing list of "super speed" Chapter 11 filers who win…

November 18, 2021 – The Debtors' November 3rd motion seeking authority to transition and assign 24 facilities (that they lease from Omega Healthcare Investors, Inc. or "Omega") subject to Management and Operations Transfer Agreements (“MOTA(s)”)  [Docket No. 166] has drawn a flurry of objections including from (i) the "Noteholder Claimants" (defined below) [Docket No. 281],…

November 17, 2021 – Alto Maipo Delaware LLC and Alto Maipo SpA (together “Alto Maipo” or the “Debtors,” with the Delaware LLC created just prior to filing) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 21-11507 (Judge TBA). The Debtors, owners of a not yet…