The U.S. Bankruptcy Court approved Oakridge Holdings’ renewed motion for approval of a stipulation extending D.I.P. financing deadlines. As previously reported, “Debtor seeks authority to extend certain deadlines in the DIP Financing Agreement per the terms of the Stipulation. The Debtor has successfully operated under Chapter 11, has obtained stipulations and orders that will allow…

Quadrant 4 Systems 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 January 25, 2018 and March 26, 2018 respectively. The motion explains, “The facts and circumstances of the Chapter 11 Case all show…

BankruptcyData’s detailed analysis and summary of CGG Holding’s Joint Chapter 11 Plan of Reorganization, Further Revised, dated October 16, 2017, is now available. The U.S. Bankruptcy Court confirmed the Plan on October 18, 2017; however, an effective date has not yet been issued. BankruptcyData notes, “The Plan is part of a comprehensive reorganization of the…

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