September 21, 2018 –  Toys Delaware and Geoffrey Debtors filed with the Court a Plan Supplement [Docket No. 4850] to its Amended Chapter 11 Plan [Docket No. 4542]. The supplement attaches the following exhibits: (i) Exhibit A: Assumed Executory Contract and Unexpired Lease List, (ii) Exhibit B: Rejected Executory Contract and Unexpired Lease List, (iii)…

September 21, 2018 – The Court hearing the Claire’s Store’s case issued an order confirming the Debtors’ Third Amended Joint Chapter 11 Plan of Reorganization [Docket No. 1040]. In a press release announcing the confirmation, the Company stated, “Under the terms of the Plan, which is supported by all of the Company’s major creditor groups…

September 20, 2018 – J & M Sales requested Court orders authorizing (i) a backstop agency agreement with Hilco Merchant Resources (the “Stalking Horse”) dated as of August 5, 2018 (the “Agency Agreement”), (ii) bidding protections for the Stalking Horse, (iii) bidding procedures and a related auction, (iv) a sale hearing and (v) a range…

September 20, 2018 – The Weinstein Company Holdings filed an objection to Harvey Weinstein’s motion to compel discovery [Docket No. 1430]. The objection [Docket No. 1516] asserts, “The Motion should be denied because there is no good cause for the requested discovery. First, the requested discovery has nothing to do with Weinstein’s defense of the…

September 4, 2018 – The Court hearing the Weinstein Company case approved the motion of The Weinstein Company (“TWC”) and The Weinstein Company Holdings (“TWC Holdings,” and together with TWC, “the TWC Debtors”) requesting Court approval of a settlement by and among  the TWC Debtors, the Chapter 7 Trustee for the Estate of Genius Products…

September 18, 2018 – The Court hearing the GenOn Energy case approved the Debtors’ Third Amended Joint Chapter 11 Plan of Reorganization [Docket No. 1847] to explicitly approve changes to the Plan which relate to the sale of Debtors’ Choctaw generating facility to Entergy. As previously reported [Docket No. 1817], “Out of an abundance of…

September 19, 2018 – Aralez Pharmaceuticals Inc. (“Aralez”) announced that it entered into purchase agreements with two separate stalking horse purchasers to sell their main operating businesses: the first is an agreement to sell its VIMOVO® royalties and Canadian operations to Nuvo Pharmaceuticals Inc. (“Nuvo”) in a transaction valued at $110 million and the second…

September 18, 2018 – Claire’s Stores filed a Third Amended Joint Chapter 11 Plan of Reorganization [Docket No. 1018] which reflects a settlement with second lien notes holder Oaktree Capital (“Oaktree”) reached on September 17, 2018. The changes to the Plan, reflected in a blackline filed with the Court and attached hereto, almost exclusively relate…