August 26, 2020 – The Court hearing the Jason Industries cases issued has confirmed the Debtors’ Prepackaged Plan of Reorganization [Docket No. 222] paving the way for the Debtors to emerge from bankruptcy, privately-held and minus $250.0mn of prepetition debt "in the coming days". On June 24, 2020, Jason Industries, Inc. and seven affiliated Debtors…
August 25, 2020 – The Court hearing the Chinos Holdings, Inc. (J. Crew Group) cases has confirmed the Debtors' Second Amended Plan [Docket No. 880]. In a press release, announcing the Plan's confirmation, the Debtors noted: "the Company expects to emerge from Chapter 11 in early September, after it has satisfied the customary conditions to…
August 23, 2020 – KB US Holdings, Inc. and nine affiliated Debtors (“KB” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 20-22962. The Debtors, the parent company of King Food Markets and Balducci's Food Lover's Market, are represented by Vincent…
August 23, 2020 – Privately-held TNT Crane & Rigging, Inc. and six affiliated Debtors (“TNT” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 20-11982. The Debtors, a leading provider of crane services, are represented by Edmon L. Morton of Young Conaway Stargatt…
August 20, 2020 – Arena Energy, LP and five affiliated Debtors (“Arena” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case number 20-34215. The Debtors, an "oil and gas finder" focused on the Gulf of Mexico shelf, are represented by Matthew D. Cavenaugh…
August 17, 2020 – RGN-Group Holdings, LLC ("Holdings") and two affiliated Debtors (together with the earlier filers noted below, “RGN” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 20-11961. These three filers join four other Debtor affiliates who filed for bankruptcy protection…
August 13, 2020 – Arandell Holdings, Inc. and three affiliated Debtors (“Arandell” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 20-11941 (Judge Dorsey). The Debtors, a commercial printing company and the third largest printer of catalogs in the United States, are represented…
August 12, 2020 – Stein Mart, Inc. and two affiliated Debtors (NASDAQ: SMRT; “Stein Mart” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Middle District of Florida, lead case number 20-02387. The Debtors, an omni off-price retailer with 281 stores across 30 states, are represented by Gardner F….
August 11, 2020 – Generac Power Systems, Inc. (“Generac”), a leading manufacturer of home generators and potential bidder for all or part of the Debtors' assets, has objected to the Debtors’ bidding procedures motion; arguing that the procedures, and the Debtors' handling of the sales process more generally, have effectively eliminated the opportunity for any…
August 10, 2020 – The Court hearing the Grupo Famsa case issued an order approving the Debtor's request for the dismissal of its prepackaged Chapter 11 case [Docket No. 41]. The dismissal follows the Debtor's decision to pursue a more comprehensive bankruptcy proceeding in Mexico; with that Mexican bankruptcy to be paired with an ancillary…
