October 19, 2018 – American Tire Distributors filed an amended Disclosure Statement in respect of its Joint Plan of Reorganization [Docket No. 191] and a blacklined version of that Disclosure Statement [Docket No. 190] reflecting changes from the version of October 15, 2018 [Docket No. 153]. In addition to the attachment of significant exhibits (listed…

August 20, 2018 – The U.S. Securities and Exchange Commission (the “SEC”) filed a limited objection [Docket No. 696] to Rex Energy’s Disclosure Statement and to the confirmation of the Debtors’ Plan of Reorganization.  The SEC states, “The Commission objects to the Disclosure Statement and confirmation of the Plan because it would release the liability…

March 1, 2016 – Oak Point Partners acquired the remnant assets of the BH S&B Holdings, LLC (Steve & Barry’s) bankruptcy estate in March 2016. On November 19, 2008, Steve & Barry’s filed a Chapter 11 voluntary petition for relief in the United States Bankruptcy Court for the Southern District of New York, assigned Case…

October 9, 2018 – Toys “R” Us requested Court authority for bidding procedures in respect of the sale of its shared services business (the “Shared Services Business”) [Docket No. 5199]. Central to the bidding procedures motion is the agreement of the Debtors’ Term B Lenders to serve as a stalking horse bidder with a credit…

September 20, 2018 – CSH Winddown (f/k/a Color Spot Nurseries) filed a Combined Plan of Liquidation and Disclosure Statement [Docket No. 391]. The Court documents explain, “Following the sale of substantially all of the Debtors’ assets, the Debtors are focused principally on winding down their businesses and preserving cash held in the Estates.  The Debtors’…

October 17, 2018 – The Court hearing the J & M Sales case (i) approved the results of an auction held by the Debtors on October 8, 2108 and (ii) authorized the Debtors’ asset purchase agreement with Pegasus Trucking, LLC (the “Buyer”) [Docket No. 670]. The order states, “On October 8, 2018, Debtors conducted the…

October 15, 2018 – The Court hearing the RMH Franchise Holdings case approved the Disclosure Statement related to the Company’s First Amended Joint Plan of Reorganization [Docket No. 648]. As previously reported [Docket No. 620], “The Plan implements a comprehensive restructuring of the Debtors through the issuance of the Plan Sponsor New Common Stock to…

October 9, 2018 – RMH Franchise Holdings filed a First Amended Joint Plan of Reorganization [Docket No. 618] and related Disclosure Statement [Docket No. 620]. The Disclosure Statement notes, ”The Plan implements a comprehensive restructuring of the Debtors through the issuance of the Plan Sponsor New Common Stock to the Plan Sponsor, which Plan Sponsor…

October 9, 2018 – CSH Winddown (f/k/a Color Spot Nurseries) filed a further amended Combined Plan of Liquidation & Disclosure Statement [Docket Nos. 410 and 411]. The Court documents explain, “Because the Plan is a liquidating plan, the ‘liquidation value’ in the hypothetical chapter 7 liquidation analysis for purposes of the ‘best interests’ test is…

October 16, 2018 – NRG REMA (“NRG REMA” or the “Company”) and 64 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case number 18-35808. In its Chapter 11 petition, the Company stated that it will seek joint administration with GenOn Energy, Inc. (“GenOn,” of…