News by subject: BANKRUPTCY

PG&E Corporation and its primary operating subsidiary, Pacific Gas and Electric Company (the "Utility"), today announced that the U.S. Bankruptcy Court for the Northern District of California (the "Court") overseeing the company's Chapter 11 cases...

Hexion Inc. ("Hexion" or the "Company") today announced that the U.S. Bankruptcy Court for the District of Delaware ("the "Bankruptcy Court") has confirmed the Company's financial de-leveraging plan of reorganization (the "Plan"). Hexion expects to...

Pacific Gas and Electric Company (PG&E) has reached agreements to resolve the wildfire claims held by 18 local public entities (cities, counties, districts and public agencies) impacted by the 2015 Butte Fire, 2017 Northern...

Petrocapita Income Trust (the "Trust") announces that as of June 11, 2019, the Court of Queens Bench of Alberta has appointed Hudson and Company Insolvency Trustees Inc (the "Receiver") as Receiver and Manager of Petrocapita G.P. I Ltd and...

Hexion Inc. ("Hexion" or the "Company") today announced that the U.S. Bankruptcy Court for the District of Delaware ("the "Bankruptcy Court") has approved, among other things, the adequacy of the Company's Disclosure Statement...

Hollander Sleep Products, LLC, its parent Dream II Holdings, LLC, and certain of their direct and indirect subsidiaries (collectively, "Hollander" or the "Company"), the leading North American supplier of pillows and mattress...

Hexion Inc. ("Hexion" or the "Company") today announced that the U.S. Bankruptcy Court for the District of Delaware ("the "Bankruptcy Court") has approved the Company's assumption of the Restructuring Support Agreement ("RSA")....

EdgeMarc Energy Holdings, LLC ("EdgeMarc" or the "Company") today announced that it has commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware (the "Court"), together with its...

Cloud Peak Energy Inc. ("Cloud Peak Energy" or the "Company"), the only pure-play Powder River Basin ("PRB") coal company, announced today that the Company has received interim approvals from the U.S. Bankruptcy Court for the...

Cloud Peak Energy Inc. ("Cloud Peak Energy" or the "Company"), the only pure-play Powder River Basin ("PRB") coal company, announced today that it has filed voluntary petitions under Chapter 11 of the United States Bankruptcy...

iHeartMedia, Inc. ("iHeartMedia"), America's number one audio company, today announced that the Company has successfully completed its restructuring process. As a result of the comprehensive balance sheet restructuring,...

Petrocapita Income Trust ("Petrocapita" or the "Trust") announces that as of April 24, 2019, Petrocapita Oil and Gas L.P. was served an Obligation to Pay and a Default and Enforcement Notice by Safeway Holdings (Alberta) Ltd (the "Notice"). The...

CTI Foods ("CTI" or the "Company"), a leading custom foodservice manufacturer supplying the top U.S. restaurant chains and branded food companies, today announced that the U.S. Bankruptcy Court for the District of Delaware has...

LBI Media, Inc. and its affiliates ("LBI" or the "Company") today received approval of its Third Amended Plan of Reorganization (the "Plan") from the United States Bankruptcy Court for the District of Delaware. The Company now...

Aegean Marine Petroleum Network Inc. announced today that its plan of reorganization became effective and it has emerged from the voluntary Chapter 11 restructuring commenced on November 6, 2018. The company will now operate as...

Hexion Inc. ("Hexion" or the "Company") today announced that the Company has received approvals from the U.S. Bankruptcy Court for the District of Delaware for the "First Day" motions related to the voluntary Chapter 11 petitions...

Dundee Energy Limited (the "Corporation") announces today that it has filed an assignment for the benefit of creditors under the Bankruptcy and Insolvency Act, naming MNP Ltd. as bankruptcy trustee. All documentation in respect of the Corporation...

Aegean Marine Petroleum Network Inc. ("Aegean" or the "Company") announced today that the U.S. Bankruptcy Court for the Southern District of New York (the "Court") has confirmed its plan of reorganization (the "Plan"), subject...

CTI Foods ("CTI" or the "Company"), a leading custom foodservice manufacturer supplying the top U.S. restaurant chains and branded food companies, today announced that the Company has received approvals from the U.S. Bankruptcy...

Z Gallerie, LLC, ("Z Gallerie" or the "Company"), a leading retailer of home décor products, announced today that it has filed voluntary petitions to restructure under Chapter 11 of the U.S. Bankruptcy Code in the United States...

CTI Foods ("CTI" or the "Company"), a leading custom foodservice manufacturer supplying the top U.S. restaurant chains and branded food companies, today announced that it has reached an agreement with the majority of its lenders...

Payless ShoeSource ("Payless" or the "Company") today announced that the Payless Board of Directors has authorized the Company to seek court approval of up to $25 million in debtor-in-possession ("DIP") financing, which will be...

Payless ShoeSource ("Payless" or the "Company") today announced that the U.S. Bankruptcy Court for the Eastern District of Missouri (the "U.S. Bankruptcy Court") has approved the Company's first day motions related to its...

Payless ShoeSource ("Payless" or the "Company") today announced that the Company and its North American subsidiaries have voluntarily filed for relief under Chapter 11 of the Bankruptcy Code ("Chapter 11") in the U.S. Bankruptcy...

Aradigm Corporation ("Aradigm" or the "Company") has filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the Alameda County Court District to facilitate the sale of its assets. On February 11, 2019,...

New England Motor Freight, Inc. (the "Company" or "NEMF") today announced that the Company and ten related entities have voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the...

Pacific Gas & Electric (PG&E) filed for bankruptcy protection on January 29 to protect the utility from liabilities resulting from the historic California wildfires. PG&E said its total liabilities are around $52 billion, which...

PG&E Corporation and its primary operating subsidiary, Pacific Gas and Electric Company (the "Utility"), today announced that they have received interim approvals from the U.S. Bankruptcy Court for the Northern District of...

PG&E Corporation and its primary operating subsidiary, Pacific Gas and Electric Company (the "Utility"), today filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the...

Ultra Petroleum Corp. ("Ultra Petroleum" or the "Company") announces that earlier today, the U.S. Court of Appeals for the Fifth Circuit delivered a favorable opinion in the appeal proceedings by Ultra Petroleum about the make-whole claims that had...

3D Signa­­­­­­tures Inc. (the "Company" or "3DS"), a personalized medicine company with a proprietary software platform (TeloViewTM) based on the three-dimensional analysis of chromosomal signatures, today announced its intention to assign itself...

Vaultbank (www.vaultbank.io), the cryptocurrency exchange platform for buying, selling, and trading asset-backed tokens, today announced it has raised over $3 million in funding, reaching the soft cap for its VB token sale. VB tokens are currently...

Quest Rare Minerals Ltd. ("Quest") announces that on March 23, 2018, Quest will present a Motion to homologate the proposal (the "Motion") that was accepted by the statutory majority of Quest's creditors (the "Proposal"), the whole pursuant to Part...

Quest Rare Minerals Ltd. ("Quest") announces that it filed a proposal (the "Proposal") on January 3, 2018, pursuant to Part III of the Bankruptcy and Insolvency Act (Canada) with the Office of the Superintendent of Bankruptcy. The Proposal provides,...

Justice Danielle Turcotte of the Superior Court of Quebec, Commercial Division, has renewed the stay of proceedings provided for in the initial order issued in respect of Strateco Resources Inc. ("Strateco") under the Companies' Creditors Arrangement...

As previously announced, Old PSG Wind-down Ltd. (formerly known as Performance Sports Group Ltd.) ("PSG") and certain of its affiliates (collectively, the "Company") filed voluntary petitions in the United States Bankruptcy Court for the District of...

Avaya today announced that it has filed a chapter 11 plan of reorganization (the "Plan") and related disclosure statement ("Disclosure Statement") with the United States Bankruptcy Court for the Southern District of New York (the "Court"). The Plan...

Mad Catz Interactive, Inc. (the ?Company?) announced that, with the authorization and approval of its Board of Directors, it and its subsidiary, 1328158 Ontario Inc., made a voluntary assignment in bankruptcy on March 30, 2017, pursuant to the...

Avaya Inc. ("the Company") today announced it has entered into an asset purchase agreement with Extreme Networks, Inc. ("Extreme") under which Extreme will serve as the primary bidder in a section 363 sale under the Bankruptcy Code to acquire...

Yorbeau Resources Inc. (the "Company" or "Yorbeau") is pleased to announce that two drill rigs are currently in operation respectively at its Caribou and Beschefer projects in northwestern Quebec. The two projects are respectively in the Casa...

Avaya Inc. (together with certain of its domestic subsidiaries, collectively, the "Company") today announced that it has commenced a formal proceeding to restructure its balance sheet to better position itself for the future. To facilitate this...