Aeropostale’s Second Revised Third Amended Joint Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on March 30, 2018. BankruptcyData’s detailed Plan Summary notes,” The Plan provides for the sale of substantially all of the Company’s assets. Upon Confirmation, the Debtors will be authorized…

Quadrant 4 Systems filed with the U.S. Bankruptcy Court a motion for entry of an order authorizing termination of the Debtor’s 401(k) plan and for limited and shortened notice thereof. The motion explains, “The Debtor asserts that termination of the 401(k) Plan is in the best interests of the Debtor, its estate, and the Plan…

Privately-held Shamrock Group, Inc., a Delaware Corporation, (D/B/A Shamrock Paving) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Central District of California, case number 18-11370. The corporate office is located in Huntington Beach, CA and the Company is headed by Kevin J. Myers, President and Chief Executive Officer. The Company is…

New Generation Research—publisher of BankruptcyData, The Turnaround Letter and other bankruptcy/restructuring and distressed securities-related content and data platforms—announced winners for its Industry Best Awards. BankruptcyData’s Chief Executive Officer, James Hammond, will recognize the honourees at American Bankruptcy Institute’s (ABI) Annual Spring Meeting in Washington, D.C. Widely recognized as “THE bankruptcy industry event of the year,”…

The U.S. Bankruptcy Court issued an order approving Bon-Ton Stores’ motion for the sale of property free and clear of liens; approving certain bidding procedures, assumption and assignment procedures and the form and manner of notice thereof; approving the asset purchase agreement (APA) and authorizing the sale of all or substantially all of the Debtors’…

The U.S. Bankruptcy Court approved Appvion’s motion to extend the exclusivity period for filing a plan and soliciting acceptances thereof through and including May 29, 2018 and July 27, 2018, respectively. As previously reported, “The Debtors have continued in their negotiations with all key stakeholders since the Petition Date, with the expectation that they will…

The U.S. Trustee assigned to the Cenveo case filed with the U.S. Bankruptcy Court an objection to Cenveo’s Disclosure Statement. The Trustee asserts, “The Disclosure Statement should not be approved because it fails to provide creditors with sufficient information to allow them to make an informed choice as to whether to approve or reject the…

The U.S. Bankruptcy Court approved COPSync’s motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including April 29, 2018 and June 26, 2018, respectively. As previously reported, “The Debtor and Debtor’s counsel have made strides in the plan process and foresee being…

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