January 11, 2021 – Ferrellgas Partners, L.P. ("HoldCo") and one affiliated Debtor, Ferrellgas Partners Finance Corp. (“Partners Finance,” and together with HoldCo, the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 21-10021. The Debtors (together with certain non-Debtors, collectively "Ferrellgas" or the "Enterprise"), are…

January 7, 2021 – Further to the Court's September 25, 2020 bidding procedures order [Docket No. 693] and following successful mediation efforts overseen by Judge Isgur; the Debtors notified the Court that they have selected successful bidders for their Wendy's and Pizza Hut assets (together, the "WholeCo Assets"). Those bidders are (i) the stalking horse…

January 5, 2021 – The Debtors filed a motion to extend the periods during which they have an exclusive right to file a Plan and solicit acceptances thereof, through and including April 26, 2021 and June 25, 2021, respectively [Docket No. 373]. Absent the requested relief, the Plan filing and solicitation periods are scheduled to…

January 5, 2021 – Community Intervention Services, Inc. and three affiliated Debtors (“CIS” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Massachusetts, lead case number 21-40002. The Debtors, formed for the purpose of providing community based behavioral health services, are represented by Michael J. Goldberg of…

January 4, 2021 – The Debtors filed a motion to extend (for a second time) the periods during which they have an exclusive right to file a Plan and solicit acceptances thereof, through and including May 4, 2021 and June 30, 2021, respectively [Docket No. 594]. Absent the requested relief, the Plan filing and solicitation…

December 31, 2020 – The Debtor filed a combined Plan and Disclosure Statement [Docket No. 408]; and further requested a Court order (i) scheduling a combined hearing for February 19, 2021 and (ii) approving the adequacy of the Disclosure Statement on an conditional basis [Docket No. 409]. The Combined Document proposes to satisfy all four…

December 30, 2020 – The Court hearing the Emergent Capital cases issued an order confirming the Debtor’s Second Amended Chapter 11 Plan of Reorganization [Docket No. 184]. On October 15, 2020, Emergent Capital, Inc and one affiliated Debtor (OTCQX: EMGC; “Emergent” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in…

January 4, 2021 – The Debtors filed an Amended Chapter 11 Plan of Reorganization and a related blackline showing immaterial changes to the version of the Plan filed on November 30, 2020 [Docket Nos. 340 and 341]. In anticipation of their January 6, 20121 Plan confirmation hearing, the Debtors have also recently filed (i) their…

January 4, 2021 – The Court hearing the Francesca’s Holdings Corporation cases issued an order (i) approving bidding procedures for the sale of substantially all of the Debtors' assets, (ii) approving "the process for designation of stalking horse bidder and provision of bid protections" and (iii) adopting a proposed timetable culminating in a January 15,…

January 4, 2021 – The Court hearing the Francesca’s Holdings Corporation cases issued a final order authorizing the Debtors to (i) access the $10.0mn balance of a $25.0mn debtor-in-possession (“DIP”) financing facility and (ii) continue using cash collateral [Docket No. 262]. On December 8, 2020, the Court had authorized the Debtors to access a first…