Topic
chapter 11
574 published works
Bankruptcy & Restructuring Law
New Chapter 11 Filing – The Collected Group, LLC
By Cole Schotz
On April 5, 2021, The Collected Group, LLC, along with certain affiliates that design, distribute, and retail three contemporary, consumer-inspired, apparel lifestyle brands: Joie, Equipment, and Current/Elliott, filed a petition under…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Entrust Energy, Inc.
By Cole Schotz
On March 30, 2021, Houston-based retail power provider Entrust Energy, Inc., filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District…
Real Bankruptcy Intel
What We’re Reading This Week [March 22, 2021]
By Kyle J. Tum Suden, Sean T. Scott, Aaron Gavant
Bloomberg reports that HighPoint Resources Corp. received approval for its chapter 11 reorganization plan, clearing the way for its merger with Bonanza Creek Energy Inc. less than one week after…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Retired-N-Fit, LLC bda Beyond Fifty Fitness
By Cole Schotz
On March 12, 2021, Retired-N-Fit, LLC bda Beyond Fifty Fitness, a Delaware fitness studio for adults ages 50 and beyond, filed a petition for relief under Subchapter V of Chapter 11…
In Solvency
A New Standard for Chapter 11 Cramdown Plans – The Third Circuit Court of Appeal’s Refusal to Strictly Enforce Subordination Agreements in Non-Consensual Plans of Reorganization
Interplay Between Subordination Agreements and Chapter 11 Cramdown Plans The Bankruptcy Code provides that subordination agreements are enforceable in bankruptcy to the same extent that such agreements are enforceable under…
Herrick Restructuring Review
Texas Deep Freeze Spurs Chapter 11 Filing for Waco Based Energy Company
Because of the unprecedented winter storm that clobbered Texas in February 2021, Brazos Electric Power Cooperative, Inc., was forced to file for chapter 11 in response to staggering increases in…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – SC SJ Holdings LLC
By Cole Schotz
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…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Two Guns Consulting & Construction, LLC
By Cole Schotz
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…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – CarbonLite Industries LLC
By Cole Schotz
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…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Medley LLC
By Cole Schotz
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…