Bankruptcy News

We've summarized the latest docket activity and news for publicly traded companies currently operating under U.S. Bankruptcy Court protection.

Implant Sciences Emerges Bankruptcy

Implant Sciences Plan Effective

Implant Sciences' First Amended Joint Plan of Reorganization [Revised] became effective, and the Company emerged from Chapter 11 protection.
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PKAY Files Bankruptcy

Peekay Boutiques Chapter 11 Petition Filed

Peekay Boutiques (f/k/a Dico and d/b/a Lovers and A Touch of Romance) and 16 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 17-11722 (Peekay Acquisition).
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Public company bankruptcies have declined modestly thus far in 2017.

Mid-Year Bankruptcy Review & Outlook

Even though energy bankruptcies are on the decline, we believe there will continue to be good opportunities for distressed/turnaround investors in that sector for some time.
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Implant Sciences Confirmation

Implant Sciences Plan Confirmed

The U.S. Bankruptcy Court issued an order confirming Implant Sciences' First Amended Joint Chapter 11 Plan of Reorganization.
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Vanguard Natural Resources Emerges Bankruptcy

Vanguard Natural Resources Supplement Filed, Plan Effective

Vanguard Natural Resources filed with the U.S. Bankruptcy Court a sixth amended Supplement for the Company's Modified Second Amended Joint Plan of Reorganization. Vanguard Natural Resources' Modified Second Amended Joint Plan of Reorganization subsequently became effective, and the Company emerged from Chapter 11 protection.
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TVIA Files Bankruptcy

TerraVia Holdings Chapter 11 Petition Filed

TerraVia Holdings (a/k/a Solazyme) and two affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 17-11655.
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