April 18, 2019 – The Debtors filed a Fourth Amended Plan and a related Disclosure Statement [Docket Nos. 2529 and 2530]. The Debtors also filed redlines of these documents showing changes from the versions filed on April 1, 2019 [Docket No. 2533]. Amendments to the Fourth Amended Plan reflect the removal of certain nonconsensual third…

April 18, 2019 – The Court hearing the CTI Foods cases confirmed the Debtors' Joint Prepackaged Chapter 11 Plan and Disclosure Statement [Docket No. 177]. On March 11, 2019, CTI Foods, LLC and its affiliated debtors, filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 19-10497….

April 18, 2019 – The Court hearing the Westmoreland Coal Company cases issued an order [Docket No. 1763] approving a $15.0mn settlement reached between the U.S. Trustee Program (the "USTP") and McKinsey Recovery and Transformtion Services ("McKinsey"); a settlement which will see (i) the $15.0mn allocated in three $5.0mn tranches to the reorganized debtors in…

April 17, 2019 – The Debtors, acting at the direction of the Restructuring Sub-Committee (“Subcommittee”) of the Restructuring Committee of the Board of Directors (“Board”) of Sears, filed an adversary complaint against Edward Lampert, the ESL Defendants, Fairholme, and certain of the Borad's directors, (the “DefendantsFN1”) alleging fraud, theft and breaches of fiduciary duty and…

April 17, 2019 – The Debtors filed a Chapter 11 Plan, a related Disclosure Statement and a motion requesting the Court's approval of the Disclosure Statement [Docket Nos. 3275, 3276 and 3277, respectively]. The Disclosure Statement notes, “The Debtors commenced these Chapter 11 Cases with the goal of selling substantially all of their assets (the…

April 16, 2019 – Further to the Debtors’ March 15, 2019 motion [Docket No. 148], the Court hearing the Decor Holdings cases issued an order (ii) approving the adequacy of the Debtors’ Disclosure Statement, (ii) authorizing the Debtors’ proposed solicitation and Plan voting procedures and (iii) scheduling a May 2, 2019 confirmation hearing [Docket No….

April 12, 2019 – Sears Holdings Corporation filed a motion to extend the periods (for a second time) during which the Company has an exclusive right to file a Chapter 11 Plan, and solicit acceptances thereof, through and including June 12, 2019 and August 13, 2019, respectively [Docket No. 3183]. Absent the requested relief, the…