Vanguard Natural Resources filed with the U.S. Bankruptcy Court a notice of proposed sale involving excess assets pursuant to excess asset sale procedures. The Seller (Specific Debtor Entity) is Eagle Rock Acquisition Partnership II. The motion explains, “Forge Energy, the Buyer has agreed to pay $2,475,000 under the Sale Agreement….Buyer will pay a deposit of…

The Pension Benefit Guaranty Corporation (PBGC) and Optima Specialty Steel filed with the U.S. Bankruptcy Court a joint stipulation permitting the PBGC to file consolidated claims under one case number. The stipulation notes, “It Is Hereby Stipulated And Agreed That: Notwithstanding anything to the contrary in any Order of this Court establishing deadlines for filing…

Donlin, Recano & Company, Inc. announced that Meg Manning has joined the firm as Director of Business Development. Manning is primarily focused on strengthening the company’s presence in multiple markets, as well as expanding its strategic partner relationships. She brings over 17 years of experience in complex reorganization and liquidation cases representing debtors, secured and…

The U.S. Bankruptcy Court approved hhgregg’s motion for an order (a) scheduling a bid procedure hearing, authorizing and approving bid procedures, approving notice procedures, scheduling a sale hearing, approving procedures for assumption and assignment and determining cure amounts and (b) authorizing the sale of substantially all of the Debtors’ assets free and clear of all…

SunEdison filed with the U.S. Bankruptcy Court a Joint Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “As of the date hereof, and based on the recently announced Brookfield transactions, the plan of reorganization…envisions (a) the Debtors’ (or their creditors’) continued ownership of certain shares in TERP under Brookfield’s sponsorship, (b)…

China Fishery Group’s Debtor affiliate CFG Peru Investments (Singapore)’s Chapter 11 trustee filed with the U.S. Bankruptcy Court a motion for the entry of an order, pursuant to Section 105, authorizing the trustee to commence recognition proceedings before the High Court of the Republic of Singapore. T he motion explains, “The Trustee has been advised…

Cayman Islands-based Ocean Rig UDW and three affiliated Debtors filed for Chapter 15 protection with the U.S. Bankruptcy Court in the Southern District of New York, case number 17-10736. The Company, which provides oilfield services for offshore oil and gas exploration, development and production drilling, is represented by Evan C. Hollander of Orrick, Herrington &…