December 20, 2018 – Frank Theatres Bayonne/South Cove, LLC and 23 affiliated Debtors (Frank Theatres” or the “Company”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of New Jersey, lead case number 18-34808 [Docket No. 1]. The Company, which operates pure play movie theaters, combination movie theater/family entertainment complexes, and…

December 17, 2018 – The Relay Company (f/k/a The Rockport Company) filed a Combined Plan and Disclosure Statement [Docket No. 649] and a blackline of the amended Combined Plan and Disclosure Statement reflecting changes to the version filed on October 16, 2018 [Docket No. 650].  The Court documents explain, “This Combined Plan and Disclosure Statement…

December 19, 2018 – The Court hearing The Relay Company (f/k/a The Rockport Company) case (i) approved the adequacy of the Debtors’ Combined Disclosure Statement and Chapter 11 Plan of Liquidation; and (ii) confirmed the Plan [Docket No. 664]. On December 17, 2019, the claims agent notified the Court that each of the three voting…

July 18, 2018 – Oak Point Partners acquired the remnant assets of the Lehr Construction Corp. Bankruptcy Estate (Lehr Construction) in July 2018. On February 21, 2011, Lehr Construction filed a voluntary petition under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York, assigned Case…

December 19, 2018 – The Court hearing the American Tire Distributors case confirmed [Docket No. 620] the Debtors’ Amended Joint Chapter 11 Plan of Reorganization (as Modified) [Docket No. 615]. The Company, which filed for Chapter 11 protection on October 4, 2018, is the largest replacement tire distributor in North America based on dollar amount…

December 13, 2018 – Wilmington Trust, National Association (“Wilmington”), the Trustee in respect of the Debtors’ 6 5/8% Senior Secured Notes due 2018, objected to the Debtors’ motion requesting authority to enter into a proposed $200mn junior debtor-in-possession (“DIP”) financing arrangement (the “Junior DIP Loan”) with Cyrus Capital [Docket No. 1207] citing its view that…

December 18, 2018 – David’s Bridal has received Court authority for (i) a pair of  debtor-in-possession (“DIP”) credit facilities (ii) its continued use of cash collateral [Docket No. 221].  As previously reported in respect of the requesting motion [Docket No. 17], “The Debtors seek authority to (i) obtain senior secured postpetition financing on a superpriority…

November 20, 2018 – The Court hearing the David’s Bridal case issued an interim order approving the Debtor’s proposed debtor-in-possession (“DIP”) financing [Docket No. 102] to be provided through Bank of America and Cantor Fitzgerald Securities.  As previously reported [Docket No. 17], “The Debtors seek authority to (i) obtain senior secured postpetition financing on a…