Hudson Bay Master Fund filed with the U.S. Bankruptcy Court an objection to Patriot National’s motion to compel mediation of claims against the Debtors’ directors and officers and to temporarily stay related litigation pending the outcome of mediation. The objection asserts, “In a transparent attempt to stay any litigation that may result in non-debtor plaintiffs…

Tops Holding II and 24 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 18-22279. The Company, which operates supermarkets through subsidiary Tops Holding, is represented by Ray C. Schrock of Weil, Gotshal & Manges. According to documents filed with the Court, “In…

Cross Sound Management filed with the U.S. Bankruptcy Court an objection to EXCO Resources’ motion to retain Gardere Wynne Sewell as litigation and conflicts counsel. The objection asserts, “The context of this reorganization and the circumstances surrounding the transactions make any investigation of claims by the Debtors themselves inappropriate. First, the investigation was purportedly commenced…

Pension Benefit Guaranty Corporation (PBGC) filed with the U.S. Bankruptcy Court an objection to the joint motion of Katy Industries and its official committee of unsecured creditors for interim approval of the Combined Disclosure Statement and Chapter 11 Plan of Liquidation. PBGC asserts, “Because the Combined Plan and Disclosure Statement contains impermissible non-consensual releases and…

Ezra Holdings 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 March 21, 2018 and July 11, 2018, respectively. The motion explains, “The Debtors have made substantial progress in developing the Plan, the complexities…

BankruptcyData’s detailed analysis and summary of Ironclad Performance Wear’s Joint Plan of Liquidation [Revised], dated February 9, 2018, is now available. The U.S. Bankruptcy Court confirmed the Plan on February 13, 2018; however, an effective date has not yet been issued. BankruptcyData notes, “The Plan Proponents believe that the confirmation of this Plan provides the…