The U.S. Bankruptcy Court approved Grandparents.com’s Joint Disclosure Statement and scheduled a September 15, 2017 hearing to consider the First Amended Joint Plan of Liquidation, with objections due by September 8, 2017. As previously reported, “The Lender has agreed to fund the Liquidating Trust with a cash contribution of $200,000 for general trust operations, plus…

rue21’s official committee of unsecured creditors and Woodmont Companies, DDR, DLC Management, GGP Limited Partnership, Gregory Greenfield & Associates, Jones Lang LaSalle Americas, Northwest Capital Investment Group, Regency Centers, Rouse Properties and ShopCore Properties (collectively, “the landlords”) filed with the U.S. Bankruptcy Court separate objections to rue21’s First Amended Joint Plan of Reorganization. The committee…

PFO Global filed with the U.S. Bankruptcy Court a motion to sell certain estate assets by public auction free and clear of all liens, claims and encumbrances. T he motion explains, “The Debtors have historically operated as a consolidated group of companies in the eyewear and lenses industry worldwide. The Debtors are headquartered in Farmer’s…

Adeptus Health filed with the U.S. Bankruptcy Court a Supplement to the Company’s Second Amended Joint Plan of Reorganization. The Supplement contains he following documents: Exhibit A: limited liability company agreement; Exhibit B: action by written consent; Exhibit C: list of Debtors to be dissolved; Exhibit D: organizational chart of reorganized debtors; Exhibit E: Deerfield-MPT…

Oakridge Holdings filed with the U.S. Bankruptcy Court a motion for a 120-day extension of the exclusive period during which the Debtors can file a plan through and including January 16, 2018. The motion explains, “The Debtors have made significant progress towards reorganization. They have obtained crucial post-petition financing to begin working on the backlog…

First NBC Bank Holding filed with the U.S. Bankruptcy Court a motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including November 7, 2017 and December 7, 2017, respectively. The motion explains, “The Debtor has only recently, i.e., in mid-July 2017, obtained…

Gymboree’s official committee of unsecured creditors filed with the U.S. Bankruptcy Court an objection to any term loan deficiency claim in excess of $296 million as well as the motion to determine the value of the term loan deficiency claim. The committee asserts, “As an initial matter, the Term Loan Deficiency Claim is currently unliquidated,…

According to a corporate release, Sempra Energy announced an agreement to acquire Energy Future Holdings (EFH), the indirect owner of 80% of Oncor Electric Delivery Company (Oncor). Under the agreement, Sempra Energy will pay approximately $9.45 billion in cash to acquire EFH and its ownership in Oncor. The enterprise value of the transaction is approximately…