September 25, 2020 – The Debtors notified the Court that their Third Amended Joint Plan of Reorganization had gone effective as of September 25, 2020. The Court had previously confirmed the Plan on September 4th [Docket No. 1795].  On May 7, 2020, Neiman Marcus Group LTD LLC and 23 affiliated Debtors (“Neiman Marcus” or the…

September 25, 2020 – King Mountain Tobacco Company, Inc. (“King Mountain” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Eastern District of Washington, lead case number 20-01808 (Judge Holt). The Debtor, a Native American owned and operated tobacco manufacturer, is represented by James L. Day of Bush Kornfeld…

September 24, 2020 – Impresa Holdings Acquisition Corporation and three affiliated Debtors (“Impresa” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 20-12399. The Debtors, a Gardena, California-based producer of machined parts and fabricated components for the aerospace industry, are represented by Matthew…

September 22, 2020 – Herald Hotel Associates, L.P.  (dba "The Martinique New York on Broadway, Curio Collection by Hilton,“ Herald” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 20-12266. The Debtor, one of New York City's oldest hotels and currently…

September 22, 2020 – FTS International, Inc. and two affiliated Debtors (NYSE American: FTSI; “FTSI” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case number 20-34622 (Judge David R. Jones). The Debtors, one of the largest well completion companies in North America and…

September 20, 2020 – Garrett Motion Inc. and 36 affiliated Debtors (NYSE: GTX; “Garrett” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 20-12212. The Debtors, a manufacturer of turbocharger, electric-boosting and connected vehicle technologies for original equipment manufacturers and the…

September 10, 2020 – Cosmoledo, LLC and 20 affiliated Debtors (dba Eric Kayser, “Cosmoledo” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 20-12117. The Debtors, an artisanal baker with 16 bakery/restaurant locations in New York City, are represented by Andrew…

September 10, 2020 – Century 21 Department Stores LLC and ten affiliated Debtors (“Century 21” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 20-12097. The Debtors, a New York City-based discount retailer with 14 East coast stores, are represented by…

September 9, 2020 – At a 17-minute hearing, counsel for the Debtors (Joshua Sussberg of Kirkland & Ellis) addressed “breaking stories” as to his client and outlined terms agreed amongst the Debtors; prepetition lenders; and purchasers Simon Property Group ("Simon") and Brookfield Property Group ("Brookfield") that would push efforts to save J.C. Penney “into the…

September 2, 2020 – The Court hearing the Denbury Resources cases confirmed the Debtors’ Plan of Reorganization [Docket No. 273]. Also on September 2nd, the Debtors filed a technically modified Plan which attached a redline showing changes to the version filed the day previously [Docket No. 268]. On July 30, 2020, Denbury Resources Inc. and…