Enduro Resource Partners filed with the U.S. Bankruptcy Court a Joint Chapter 11 Plan of Liquidation and related Disclosure Statement. According to the disclosure statement, “The Debtors are commencing this Solicitation after extensive discussions over the past several months with certain of their key creditor constituencies, including with certain creditors holding First Lien Claims and…

Rex Energy filed with the U.S. Bankruptcy Court a motion for entry of interim and final orders (i) authorizing the Debtors to obtain superpriority D.I.P. financing, pursuant to the terms set forth in the D.I.P. credit agreement; (ii) authorizing the Debtors to use cash collateral; (iii) granting priming liens and superpriority administrative claims; (iv) approving…

The U.S. Trustee assigned to Relativity Media case filed with the U.S. Bankruptcy Court a notice of appointment of official committee of unsecured creditors. The following members will serve on that committee: Frank Lupo, Vice President Finance of Cinedigm Corp; Thomas G. FitzGerald, Senior Managing Director of Crystal Screens Media; Matthew A. Rivela, Vice President…

On May 14, 2018, Jones Energy, Inc. announced that the previously declared contingent dividend payment on the Company’s 8% Series A perpetual convertible preferred stock will not be paid. The foregone dividend is for the period beginning on the last payment date of February 15, 2018 through May 14, 2018, payable to holders of preferred…

In Form 8-K filed on May 11, 2018, Yuma Energy, Inc. announced it is currently exploring strategic alternatives in order to enhance and maximize shareholder value. These strategic alternatives may include, but are not limited to, a business combination, a merger, sale of assets, and possible capital market transactions. The Company will thoroughly evaluate all…

The U.S. Bankruptcy Court approved EV Energy Partners’ Disclosure Statement and concurrently confirmed its First Modified Joint Prepackaged Chapter 11 Plan of Reorganization. According to documents filed with the Court, “On the Effective Date, Debtors EVEP, EV Management, and EV Energy GP shall be dissolved without the need for any approvals, authorizations, or consents (provided…

Orion Healthcorp’s Chief Executive Officer and TG Capital filed with the U.S. Bankruptcy Court a notice of competing bid and objection to Debtor’s motion approving bidding procedures relating to the sale of certain of the Debtors’ assets; approving bid protections; approving the form and manner of notice of sale by auction; establishing procedures for noticing…