WMI Liquidating Trust, which was formed pursuant to Washington Mutual’s Seventh Amended Joint Plan, provided additional information regarding certain escrow CUSIPs issued to eligible former shareholders of Washington Mutual. As of the March 19, 2012 effective date of the Plan, Depository Trust Company (DTC) established and maintains positions in the escrow CUSIPs. These escrow CUSIPs…

According to the U.S. Bankruptcy Court docket, the U.S. Trustee assigned to the Standard Register Company case filed an objection to the Debtors’ motion to establish bidding procedures and for other related relief. The Trustee asserts, “The Debtors commit a logical fallacy by asserting that the proposed Break-Up Fee and Expense Reimbursement induced Silver Point…

According to the U.S. Bankruptcy Court docket, the Texas Health and Human Services Commission and the Texas Department of State Health Services’ filed a supplemental limited objection to University General Health System’s emergency motion for interim and final orders (i) authorizing secured post-petition financing on a super priority basis, (ii) granting relief from the automatic stay,…

According to the U.S. Bankruptcy Court docket, Allen Systems Group filed technical modifications to its First Amended Joint Prepackaged Chapter 11 Plan, dated March 16, 2015. The modifications do not alter in any respect the treatment accorded to claims or equity interests; instead, they correct certain technical errors and/or omissions in the Plan and make…

According to the U.S. Bankruptcy Court docket, Point Blank Solutions’ official committee of equity security holders and David Brooks filed separate objections to the Company’s amended motion for approval of a settlement with class plaintiffs, plaintiffs’ counsel and derivative counsel. The committee asserts, “This is a terrible deal for the estates, their creditors and equity…

According to the U.S. Bankruptcy Court, several landlords – including Macerich Company, Starwood Retail Partners, Centennial Real Estate Company, Prudential Insurance Company of America and Watt Management – filed a collective objection to RadioShack’s second motion for (i) an order (a) establishing bid procedures for the sale of certain lease assets and (b) granting certain…

According to the U.S. Bankruptcy Court docket, the Court approved NII Holdings’ motion for an order authorizing the Debtors to obtain post-petition financing and granting related relief. As previously reported, “At this time, the Debtors have a critical need for a $350 million postpetition financing facility (the ‘DIP Facility’) in order to continue to fund the…

Page 318 of 421« First...102030...316317318319320...330340350...Last »