August 24, 2021 – The Debtors filed an Amended 11 Plan and a related Disclosure Statement with each attaching a redline showing changes from the version of the document filed on August 13, 2021 [Docket Nos. 908 and 909, respectively]. At an August 24th hearing, Judge David Jones conditionally approved the Disclosure Statement and proposed…

August 25, 2021 – The Court hearing the L’Occitane case issued an order confirming the Second Amended Plan of Reorganization filed by the Debtor in conjunction with its official committee of unsecured creditors (the “Creditors’ Committee” and, together with the Debtor, the “Plan Proponents”) [Docket No. 521]. On January 25, 2021, L'Occitane, Inc. (“L'Occitaine or…

August 24, 2021 – The Debtors filed an Amended Chapter 11 Plan and a related Disclosure Statement, with each attaching redlines showing changes from the version filed on February 12, 2021 [Docket Nos. 2692 and 2693, respectively].  In a press release (see also also 8-K on PSA and which attaches cleansing materials) announcing the filing…

August 24, 2021 – The Debtors filed a First Amended Plan of Reorganization and a related Disclosure Statement Supplement [Docket Nos. 893 and 894, respectively] with the Plan also attaching a redline showing changes to the versions filed on July 12, 2021 [Docket Nos. 338 and 339, respectively]. The Debtors further filed a motion requesting…

August 24, 2021 – The Debtors filed an Amended 11 Plan and a related Disclosure Statement with each attaching a redline showing changes from the version of the document filed on August 13, 2021 [Docket Nos. 908 and 909, respectively]. At an August 24th hearing Judge David Jones conditionally approved the Disclosure Statement and proposed…

August 23, 2021 – The Debtors filed an Amended Plan of Reorganization and a related redline showing changes to the version filed on July 9, 2021 [Docket No. 1293].  Also on August 23rd, Judge Jones held a brief hearing to share that a settlement had been reached amongst, inter alia, the Debtors, the Debtors' official…

August 23, 2021 – The Court hearing the TECT Aerospace Group Holdings cases extended (for a second time) the periods during which the Debtors have an exclusive right to file a Plan and solicit acceptances thereof, through and including October 4, 2021 and December 2, 2021, respectively [Docket No. 442]. Absent the relief, the initial…

August 18, 2021 – The Court hearing the Avianca Holdings cases issued an order authorizing the Debtors to enter into amendments to their previously approved debtor-in-possession (“DIP”) financing arrangements which effectively replace the Debtors' existing $1.43bn Tranche A DIP Facility with a new $1.6bn New Tranche A DIP/Exit Facility [Docket No. 2032]. The new DIP…

August 11, 2021 – The Court hearing the CBL & Associates Properties cases has confirmed the Debtors’ Third Amended Plan of Reorganization [Docket No. 1397]. In a press release heralding confirmation of the Plan, the Debtors provide: "CBL received overwhelming support for the Plan, with over 95% of votes cast for all classes voted in…

August 5, 2021 – Further to a July 8th bidding procedures order [Docket No. 289] and absent the receipt of any qualified bids by an August 4th bid deadline, the Debtors notified the Court that had cancelled a scheduled August 6th auction. With asset sale aspirations effectively concluded, the Debtors will now "proceed to seek…