November 7, 2018 – PetroQuest Energy Firm requested Court authority to (i) assume the $50,000,000 Exit Facility Commitment Letter, dated as of November 6, 2018 and (ii) pay related fees and expenses (the “Commitment Expenses”) [Docket No.17]. The Debtors’ motion notes, “On November 6, 2018, as contemplated by the Restructuring Support Agreement, the Debtors entered…

November 7, 2018 – PetroQuest Energy filed an emergency motion requesting authority to enter into its Restructuring Support Agreement [Docket No. 16]. The Debtors state, “After months of negotiations, the Debtors and the Consenting Creditors reached an agreement regarding the restructuring of the Debtors’ capital structure. This agreement, which is embodied in a Restructuring Support…

November 6, 2018 – Taco Bueno Restaurants and 9 affiliated Debtors (“Taco Bueno” or the “Company”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Northern District of Texas, lead case number 18-33678 [Docket No. 1]. Privately held Taco Bueno, a Tex-Mex themed restaurant chain with 169 restaurants in Texas, Oklahoma, Arkansas,…

September 28, 2018 – Ranger Specialty Income Fund, LP (“Ranger Domestic”), Ranger Direct Lending Fund Trust (“Ranger Offshore”) and Ranger Alternative Management II, LP (collectively, “Ranger”), requested that the Court convert the Princeton Alternative Income Fund (“PAIF”) case from a Chapter 11 reorganization to Chapter 7 liquidation [Docket No. 335] and submitted a memorandum of…

November 6, 2018 – Sears Holdings’ Official Committee of Unsecured Creditors requested Court approval to conduct an examination of, and seek discovery and investigation from, the Debtors, their advisors and controlling shareholders, and other third parties on certain “insider problematic transactions” by and between the Debtors and ESL Investments, Inc., Seritage Growth Properties, Fairholm Capital…

July 21, 2016 – Oak Point Partners acquired the remnant assets of the Archway Cookies, LLC Bankruptcy Estate in July 2016. On October 6, 2008, Archway Cookies, LLC filed a voluntary chapter 11 petition in the United States Bankruptcy Court for the District of Delaware, assigned Case No. 08-12323. Thereafter, the case was converted to…

November 7, 2018 – An ad hoc group of the Debtors’ convertible noteholders (the “Ad Hoc Group”)  filed an objection [Docket No. 29] to the Debtors’ debtor-in-possession (“DIP”) financing motion [Docket No. 17]. The Ad Hoc Group explains, “By the Motion, the Debtors seek approval of Mercuria’s onerous insider debtor-in-possession financing facility (the ‘Mercuria DIP…

November 6, 2018 – Aegean Marine Petroleum Network and 74 affiliated Debtors (“Aegean Marine” or the “Company”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 18-13374 [Docket No.1]. The Company, an international marine fuel logistics company and a leading independent physical supplier of…

November 6, 2018 – Aegean Marine Petroleum Network requested Court approval for proposed debtor-in-possession (“DIP”) financing [Docket No. 17] to be provided by Mercuria Energy Group Limited (together with its affiliates, ‘Mercuria’). The DIP financing motion explains, “The Debtors commenced these chapter 11 cases to stabilize business operations, address near-term debt maturities, and facilitate a…