November 23, 2020 – The Court hearing the Ursa Piceance Holdings cases issued an order approving the $60.0mn sale of substantially all of the Debtors' assets to Terra Energy Partners LLC (the “Purchaser”) [Docket No. 265]. The Terra Energy Partners APA is attached to the order as Exhibit A. Terra Energy was founded in early…
November 23, 2020 – The Debtors filed an Amended Plan of Reorganization which attached a redline showing changes to the version filed on November 20, 2020 [Docket No. 2022]. In anticipation of their November 24th Plan confirmation hearing, the Debtors also filed (i) their memorandum in support of Plan confirmation (the "Memorandum") [Docket No. 2021],…
MYT Netherlands Parent B.V., the parent company of the Mytheresa.com GmbH announced that it has “confidentially submitted a draft Registration Statement on Form F-1 to the U.S. Securities and Exchange Commission relating to the proposed initial public offering of American Depositary Shares representing its ordinary shares.” The number of American Depositary Shares to be offered…
November 23, 2020 – In anticipation of their November 24th Plan confirmation hearing, the Debtors have filed (i) a memorandum of law in support of confirmation of Plan confirmation (the "Memorandum") [Docket No. 912], (ii) Plan voting results [Docket No. 911], (iii) a witness and exhibit list in respect of the confirmation hearing [Docket no….
November 23, 2020 – The Debtors filed solicitation versions of their Amended Plan of Reorganization and Disclosure Statement [Docket Nos. 232 and 233, respectively]. Also on November 23rd, the Court hearing the MUJI U.S.A. cases approved (i) the adequacy of the Debtors’ Disclosure Statement, (ii) proposed Plan solicitation and voting procedures and (iii) a timetable…
Regal Entertainment Group, which owns Cineworld Group PLC, is seeking to get financial lifelines from investors as the pandemic takes its toll on the movie industry and theaters remain empty and struggle to survive, according to people familiar with the matter, WSJ reports. One proposal under consideration implies urgent rescue financing to help the Company…
November 12, 2020 – The Court hearing the Hopedale Mining cases has extended the periods during which the Debtors have an exclusive right to file a Chapter 11 Plan and solicit acceptances thereof, through and including March 19, 2021 and May 18, 2021, respectively [Docket No. 516]. Absent the relief, the Plan filing and solicitation…
November 23, 2020 – The Debtors filed a First Amended Plan of Liquidation and a related Disclosure Statement [Docket Nos. 529 and 530, respectively]; and separately filed redlined versions of each showing changes to the version filed on November 9, 2020 [Docket No. 531]. The lightly amended Plan documents do not contain material changes to…
November 23, 2020 – Further to a November 6th bidding procedure order [Docket No. 153] and the completion of a November 16th auction, the Court hearing the Energy Alloys Holdings cases issued an order approving the $16.4mn sale of Debtors’ “equity interests in their eastern hemisphere (“EH”) assets” (i.e., interests in non-Debtor foreign subsidiaries with…
November 23, 2020 – The Debtors notified the Court that their Second Amended Plan of Reorganization had become effective as of November 23, 2020 [Docket No. 635]. The Court previously had confirmed the Debtors’ Plan on October 29, 2020 [Docket No. 600]. On July 29, 2020, California Pizza Kitchen, Inc. and seven affiliated Debtors (“CPK”…
