GenOn Energy filed with the U.S. Bankruptcy Court a motion for entry of an order authorizing interim distributions in respect of certain allowed unsecured claims under the Plan and Confirmation Order; and establishing related claims estimates. The motion explains, “The Debtors continue to achieve significant milestones in furtherance of implementing the Plan and maximizing value…

Multiple Parties (including Brad Pitt, Potter, Inc., George Clooney, Meryl Streep, Robert De Niro, Bill Murray, Jake Gyllenhaal and Julia Roberts) filed with the U.S. Bankruptcy Court separate objections to the Weinstein Company Holdings’ statement regarding contracts to be transferred pursuant to the asset purchase agreement with Lantern Entertainment. Meryl Streep, in support of her…

Erin Energy’s Official Committee of Unsecured Creditors filed with the U.S. Bankruptcy Court an objection to the Debtors’ motion to incur post-petition secured indebtedness. The committee asserts, “The DIP Loan is a bridge to nowhere. While the DIP Lender may be willing to blindly travel along this bridge, the Committee is not and would prefer…

Toys “R” Us filed with the U.S. Bankruptcy Court a notice of Settlement Term Sheet, entered into by Toys “R” Us, Toys “R” Us – Delaware, Wayne Real Estate Parent Company, Geoffrey Holdings, Geoffrey, Geoffrey International, an ad hoc group of B-4 lenders (the “Ad Hoc Group of B-4 Lenders”), the Official Committee of Unsecured…

COPSync filed with the U.S. Bankruptcy Court a First Amended Chapter 11 Plan of Liquidation and related Disclosure Statement. According to the Disclosure Statement, “the Plan proposes the ‘IPO Settlement’ with all persons who hold common stock of the Debtor purchased in connection with the Debtor’s Initial Public Offering (the ‘IPO’) and who may have IPO…

The U.S. Trustee filed with the U.S. Bankruptcy Court an objection to iHeartMedia’s motion authorizing and approving the Debtors’ 2018 Incentive Plans. The Trustee asserts, “The Debtors seek Court approval of the 2018 Incentive Plan for Insiders (‘IPI’). More specifically, the Debtors seek an order approving bonuses under the IPI to eleven (11) insiders who…

Dine Brands Global, the ultimate parent company, along with Applebee’s Restaurants and Applebee’s Franchisor (collectively, “Applebee’s”) filed with the U.S. Bankruptcy Court an objection to RMH Franchise Holdings’ application authorizing the retention and employment of Mastodon Ventures as investment banker to RMH Franchise Holdings. The objection asserts, “The Debtors’ retention of Mastodon Venture’s as its…

Appvion filed with the U.S. Bankruptcy Court an Amended Joint & Combined Plan of Liquidation and Disclosure Statement. According to the Disclosure Statement, “This Combined Plan and Disclosure Statement contemplates the creation of a Liquidating Trust from which, under the terms of this Combined Plan and Disclosure Statement and the Liquidating Trust Agreement, Distributions shall…