Oryon Technologies filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Northern District of Texas, case number 14-32293. The Company, which has developed multiple patents relating to electroluminescent lighting, is represented by Patricia B. Tomasco of Jackson Walker. According to the Company, this filing was prompted by several factors, including the following:…

GSE Environmental filed with the U.S. Bankruptcy Court a motion for entry of interim and final orders (i) authorizing post-petition financing, (ii) granting liens and providing super-priority administrative expense priority, (iii) authorizing the use of cash collateral, (iv) granting adequate protection, (v) modifying the automatic stay, (vi) scheduling a final hearing and (vii) granting related…

Privately-held ClearEdge Power filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Northern District of California, case number 14-51956. The Company, which designs, manufactures and markets fuel cell systems, is represented by John Walshe Murray of Dorsey & Whitney. The Company indicated total assets of $100-500 million on its bankruptcy petition.

Sorenson Communication’s Joint Prepackaged Chapter 11 Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The Court confirmed the Plan on April 10, 2014. According to a press release, “Reorganized Sorenson, with a strengthened balance sheet, will continue investing in its service platform and developing products to provide innovative communications technology…

The U.S. Bankruptcy Court approved Furniture Brands International’s settlement agreement with the Pension Benefit Guaranty Corporation (PBGC) and the official committee of unsecured creditors. As previously reported, “The PBGC will reduce its claims against the Debtors from an aggregate amount of more than $340 million to approximately $300 million. The PBGC also agrees to a…

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