News Topic: Plan of Reorganization

On her The Bottom Line 11 blog, Fox partner Mette Kurth  examined a recent U.S. Court of Appeals for the Second Circuit decision in  In re MPM Silicones  (the Momentive case). The court followed the lead of the Sixth Circuit in establishing a two-step ... Read full article

In December 2015, U.S. Bankruptcy Court Judge Laurie Silverstein of the District of Delaware confirmed a plan of reorganization in the Millennium Lab Holdings chapter 11 case that included the non-consensual release of certain claims against various ... Read full article

After a hearing on the approval of a disclosure statement, Judge Edward J. Coleman of the Middle District of Georgia ruled that the absolute priority rule and new value exception apply in individual Chapter 11 cases.  In re Rogers , Ch. 11 Case No. ... Read full article

The chapter 11 case of Energy Future Holdings (“EFH” or “Debtors”) roared back to life this month. ... Read full article

Energy Future Holdings (“EFH” or “Debtors”) has cleared all of the preliminary hurdles in its path as it moves towards the confirmation of its plan of reorganization (the “Plan”). Last week Judge Christopher Sontchi of the United States Bankruptcy Court ... Read full article

Cash Is King . An army may march on its stomach, but for companies, it’s liquidity that keeps the business going. For many companies, typical sources of liquidity, beyond cash flow from sales or other revenue, are (1) financing from banks or other secured ... Read full article

Cash Is King . An army may march on its stomach, but for companies, it's liquidity that keeps the business going. For many companies, typical sources of liquidity, beyond cash flow from sales or other revenue, are (1) financing from banks or other ... Read full article

Distressed m&a is the “new normal” in Chapter 11 cases, as noted here and elsewhere . Two large media marketing and advertising companies, SuperMedia and Dex One , took the “new normal” to new extremes l ... Read full article

The Spring 2013 edition of the Absolute Priority newsletter, published by the Bankruptcy & Restructuring  group at Cooley LLP , of which I am a member, has now been released. The newsletter gives updates on current developments and trends in the ... Read full article

Distressed m&a is the “new normal” in Chapter 11 cases, as noted here and elsewhere . Two large media marketing and advertising companies, SuperMedia and ... Read full article

By nearly any measure, the Chapter 11 cases of Hawker Beechcraft and its affiliates (the “Debtors”) stand as a significant success. The cases began as a standalone reorganization predicated upon a restructuring support agreement (the “RSA”) among the ... Read full article

On May 29, 2012, only a little more than a month after the April 23, 2012 oral argument in the case , the U.S. Supreme Court issued its decision in RadLAX Gateway Hotel, LLC, et al. v. ... Read full article

The Summer 2011 edition of the Absolute Priority newsletter, published by the Bankruptcy & Restructuring group at Cooley LLP , of which I am a member, has just been released. The newsletter gives updates on current developments and trends in the ... Read full article

The Spring 2011 edition of the Absolute Priority newsletter, published by the Cooley LLP   Bankruptcy & Restructuring group, of which I am a member, has just been released. The newsletter gives updates on current developments and trends in the ... Read full article

The Summer 2011 edition of the Absolute Priority newsletter, published by the Bankruptcy & Restructuring group at Cooley LLP , of which I am a member, has just been released. The newsletter gives updates on current developments and trends in the ... Read full article

Affiliated entities Linden Ponds, Inc. and Hingham Campus, LLC voluntarily filed for chapter 11 protection earlier today in Dallas.  The companies, which are related to Senior Living Retirement Communities LLC (formerly known as Erickson Retirement ... Read full article

The Spring 2011 edition of the Absolute Priority newsletter, published by the Cooley LLP   Bankruptcy & Restructuring group, of which I am a member, has just been released. The newsletter gives updates on current developments and trends in the ... Read full article