Verso Bankruptcy Emergence
Verso filed with the U.S. Bankruptcy Court a seventh Supplement to its First Modified Third Amended Joint Plan of Reorganization. The Company's First Modified Third Amended Joint Plan of Reorganization subsequently became effective, and Verso emerged from Chapter 11 protection.Read More
DXMMQ Bankruptcy Plan Confirmation
The U.S. Bankruptcy Court approved Dex Media's Disclosure Statement and concurrently confirmed the Company's Amended Joint Prepackaged Chapter 11 Plan Reorganization. Read More
Denver Parent, Venoco Bankruptcy Plan Confirmation
Venoco filed with the U.S. Bankruptcy Court a second Plan Supplement with technical and confirmation modifications. Read More
SSEIQ Bankruptcy Plan Confirmation
The U.S. Bankruptcy Court approved Seventy Seven Energy's Disclosure Statement and concurrently issued an order confirming its Amended Joint Prepackaged Chapter 11 Plan. Read More
We expect to see bankruptcy activity increase away from the energy sector.
Excerpted from the July 2016 Issue
Energy-related companies dominated the filings, with ten of the fifteen largest bankruptcies coming from this capital-intensive industry. Similarly, over 80% of all $86 billion in assets entering bankruptcy were from energy-related companies.Read More
Black Elk Energy Offshore Bankruptcy Plan Confirmation
The U.S. Bankruptcy Court entered an order confirming Black Elk Energy Offshore Operations' Third Amended Plan of Liquidation. Read More
ANRZQ Bankruptcy Plan Confirmed
The U.S. Bankruptcy Court issued a formal order confirming Alpha Natural Resources' Second Amended Joint Plan of Reorganization. Read More
Essar Steel Minnesota Files Bankruptcy
Privately-held Essar Steel Minnesota (f/k/a Minnesota Steel Industries) and ESML Holdings filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 16-11626 (ESML Holdings). Read More
Fairway Group Holdings Emerges Bankruptcy
Fairway Group Holdings' Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. Read More
KaloBios Emerges from Bankruptcy
KaloBios Pharmaceuticals' Second Amended Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The Court confirmed the Plan on June 16, 2016.Read More
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