On March 9, 2021, Sundance Energy Inc. and certain affiliates, which operate an onshore independent oil and natural gas company headquartered in Denver, Colorado, filed petitions for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for
Bankruptcy & Restructuring Law
The Bankruptcy & Restructuring Law blog published by Cole Schotz P.C. focuses on legal developments and case updates related to bankruptcy filings, Chapter 11 reorganizations, debtor-in-possession financing, and corporate restructuring. It covers a range of industries and jurisdictions, highlighting significant bankruptcy cases, creditor negotiations, asset sales, and financial restructuring strategies. The blog provides information on legal procedures and outcomes in bankruptcy courts, including details on major filings and the roles of lenders and stakeholders in restructuring processes. It serves as a resource for understanding the practical and legal aspects of bankruptcy and corporate financial reorganization.
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New Chapter 11 Filing – SC SJ Holdings LLC
On March 10, 2021, SC SJ Holdings LLC, the owner and former lessee of an 805-room hotel located in downtown San Jose, California, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for…
New Chapter 11 Filing – Guiora LLC
On March 10, 2021, Guiora LLC, the owner of a six-bed, 11,846 square-foot residential property located at 705 N. Alta Drive in Beverly Hills, California, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy…
New Chapter 11 Filing – Two Guns Consulting & Construction, LLC
On March 9, 2021, Two Guns Consulting & Construction, LLC, a consultant to the pipeline and facilities construction industry, filed a petition for relief under Subchapter V of Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the…
New Chapter 11 Filing – NoMaD Retail LLC and ETX Retail LLC
On March 8, 2021, NoMaD Retail LLC and ETX Retail LLC, Texas-based companies engaged in community-based retail sales of mattresses, bedding and related furniture products, filed petitions for relief under Subchapter V of Chapter 11 of the Bankruptcy Code in…
New Chapter 11 Filing – Knotel Canada, Inc.
On March 8, 2021, Knotel Canada, Inc. and several affiliates, which provide flexible workspace, filed petitions for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 21-10540). Knotel reports $10…
New Chapter 11 Filing – CarbonLite Industries LLC
On March 8, 2021, CarbonLite Industries LLC and several affiliates, which operate the world’s largest bottle-to-bottle recycling company, filed petitions for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No.…
New Chapter 11 Filing – Medley LLC
On March 7, 2021, Medley LLC, a New York, NY-based financial services company, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 21-10526). The company focused…
New Chapter 11 Filing – Alamo Drafthouse Holdings, LLC
On March 3, 2021, dine-in movie theater chain Alamo Drafthouse Holdings, LLC of Austin, TX filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 21-10474), along…
New Chapter 11 Filing – CMC II, LLC and Affiliates
On March 2, 2021, CMC II, LLC of Maitland, FL, along with several affiliates, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 21-10461). CMC II…