The U.S. Bankruptcy Court approved Ciber’s claims settlement stipulation between the Debtors and LS Selborne House Limited. As previously reported, “Upon the Parties’ entry into this Stipulation (a) claim number 592 shall be granted as an allowed unsecured non-priority claim (Class 3 General Unsecured Claims of the Plan) against Ciber in the amount of $1,600,000…

The U.S. Bankruptcy Court approved Avaya’s motion for an order (a) approving a settlement with Pension Benefit Guaranty Corporation (PBGC) and (b) making the determination required for distress termination of the Avaya Pension Plan for salaried employees. As previously reported, “The treatment of the Avaya Pension Plan for Salaried Employees (the ‘Salaried Pension Plan’) and…

Privately-held American Fuel Cell and Coated Fabrics Company (American Fuel Cell or AmFuel) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Northern District of Texas (Fort Worth Division), case number 17-44766. The Company, which is located in Wichita Falls, TX, is headed by Leonard J. Annalor as C.E.O. and represented by…

The U.S. Bankruptcy Court approved Breitburn Energy Partners’ motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including January 15, 2018. As previously reported, “After extensive negotiations with various creditor constituencies holding competing interests, the Debtors filed their joint chapter 11 on…

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