December 11, 2020 – The Debtors filed an Amended Joint Chapter 11 Plan of Liquidation (the “Revised Plan”) and a related Disclosure Statement (the “Revised Disclosure Statement”) with each attaching a blackline showing changes from the version filed on November 20, 2020 [Docket Nos. 1027 and 1028, respectively]. On April 13, 2020,  the Debtors, a…

December 11, 2020 – The Court hearing the RTW Retailwinds cases issued an order confirming the Debtors' Plan of Liquidation [Docket No. 690]. On July 13, 2020, RTW Retailwinds, Inc. and 11 affiliated Debtors (formerly NYSE: RTW and now OTC: RTWI; “RTW” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court…

December 11, 2020 – The Debtors filed a first iteration of their Chapter 11 Plan of Reorganization and a related Disclosure Statement [Docket Nos. 63 and 64, respectively] On December 3rd, the privately held owner/operator of thermal coal mines in and around the Powder River Basin, filed for Chapter 11 protection with the U.S. Bankruptcy…

Ferrellgas Partners, L.P. (together with its operating partnership, Ferrellgas, L.P.) and subsidiaries, announced on December 11, 2020 that it has entered into an agreement with a substantial majority of its noteholders that enables the Company to continue to be an employee-owned enterprise and move forward with a stronger balance sheet. The Transaction Support Agreement executed…

December 11, 2020 – Privately-held American Purchasing Services, LLC and three affiliated Debtors (d/b/a American Medical Depot; “American Purchasing” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Florida, lead case number 20-23495. The Debtors, "a premier supplier to the surgical and medical industry," are represented…

December 10, 2020 – The Debtors filed their Second Amended Plan of Liquidation, including blacklines of the document showing changes from the version filed on November 3, 2020 [Docket No. 772]. They separately filed a memorandum of law in support of confirmation of the Second Amended Plan [Docket No. 773]. Previously on November 3rd, the…

December 10, 2020 – Further to the October 19th bidding procedures order, the Debtors notified the Court that they designated Crestview Aerospace LLC as successful bidders for their assets (purchase price of $10.5mn), with Twin Haven Special Opportunities Fund IV, L.P. designated as the back-up bidder. [Docket No. 194]. The Debtors cancelled the auction, which…