Grandparents.com filed with the U.S. Bankruptcy Court a Joint Chapter 11 Plan of Liquidation and related Disclosure Statement. According to the Disclosure Statement, “This is a liquidating Plan pursuant to which the Debtors’ pre- and post-Petition Date Lender has funded a liquidating trust with a cash contribution of $200,000 for general operations, plus an additional…

The U.S. Bankruptcy Court approved Premier Exhibitions’ motion for an order authorizing the Debtors, the official committee of unsecured creditors and the official committee of equity security holders to enter into and perform obligations under a plan support agreement (PSA). As previously reported, “The Debtors believe that the contemplated Complete Sale Plan will maximize value…

Sanofi Winthrop Industries filed with the U.S. Bankruptcy Court an objection to Unilife’s official committee of unsecured creditors’ motion to retain Lowenstein Sandler as counsel. The objection asserts, “Given Lowenstein Sandler’s previous representation of Sanofi in connection with the Debtors and Lowenstein Sandler’s failure to seek – let alone receive – a written waiver of…

The U.S. Bankruptcy Court confirmed EMAS CHIYODA Subsea’s Modified Third Amended Plan of Reorganization, filed June 28, 2017; and the Plan subsequently became effective. Under the Plan, certain emerging Debtors will restructure, while Lewek Constellation Pte, EMAS CHIYODA Subsea Marine Base and Lewek Falcon Shipping Pte will liquidate. Subordinated claim and interest holders receive no…

International Shipholding’s First Amended Modified Joint Chapter 11 Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on March 2, 2017. BankruptcyData’s detailed Plan Summary notes, “The Plan and the Restructuring Support Agreement between the Debtors and SEACOR Capital determined that the way to…

Page 60 of 421« First...102030...5859606162...708090...Last »