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April 1, 2020 – The Court hearing the Murray Metallurgical Coal Holdings cases has approved the $31.0mn sale of Murray Maple Eagle Coal, LLC (“Maple Eagle Assets”) to stalking horse Panther Creek Mining, LLC (the “Buyer”) [Docket No. 326]. The stalking horse asset purchase agreement is attached to the Debtors' bidding procedures motion motion as…

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March 31, 2020 – The Debtors have filed a motion seeking Court authority to (i) access an additional $4.0mn of loans under their debtor-in-possession ("DIP") financing facility (the “Second Interim Financing”) and (ii) continue using cash collateral [Docket No. 206]. On March 5th, the Court had previously authorized the Debtors to access $12.0mn of the…

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April 1, 2020 – Whiting Petroleum Corporation and four affiliated Debtors (NYSE: WLL, “Whiting” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case number 20-32021. The Debtors, one of the largest independent exploration and production companies in the USA, are represented by Matthew…

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March 31, 2020 − The Debtors announced the results of an auction process which had a bidding deadline of March 30th. Further to completion of the auction and as required by the Court's March 19th bidding procedures order [Docket No. 1178], the Debtors filed a notice of bid results [Docket No. 1270] and sales orders…

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March 31, 2020 – Dean & DeLuca New York, Inc. and six affiliated Debtors (“Dean & DeLuca” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 20-10916. The Debtors, a multi-channel retailer of premium gourmet and delicatessen food and beverage products,…

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March 30, 2020 –  Citing an “unprecedented market downturn,” the Debtors have asked the Court for permission to stop paying certain retiree healthcare benefits. The suspension of payments, the Debtors argue, would save the Debtors an estimated $200k a day without prejudicing the medical coverage of any of their retired employees. This because the U.S….

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March 30, 2020 – The Debtors notified the Court that their Amended Joint Prepackaged Chapter 11 Plan had become effective as of March 30, 2020 [Docket No. 116] . Previously, on March 24, 2020, the Court confirmed the Debtors’ Amended Joint Prepackaged Plan [Docket No. 76].  The Debtors also filed amended versions of key exit…

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March 30, 2020 –  BroadVision, Inc. (“BroadVision” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 20-20-10701. The Debtor, an early pioneer in e-commerce platforms and solutions, is represented by R. Craig Martin of DLA Piper LLP (US). Further board-authorized engagements include Epiq…

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January 15, 2013 – Oak Point Partners, Inc. acquired the remnant assets of the Ames Department Stores, Inc., et al. Bankruptcy Estate in January 2013. On August 20, 2001, Ames Department Stores, Inc. and its related entities (“Ames Department Stores”) filed a chapter 11 petition in the United States Bankruptcy Court for the Southern District…

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March , 2020 – CARBO Ceramics, Inc. and two affiliated Debtors (Formerly NYSE "CRR" and currently OTCQB “CRRT,” “CARBO” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case number 20-31973. The Debtors, a manufacturer of ceramic products (notably ceramic proppant used in fracing)…