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Bankruptcy Judge Approves Molycorp’s Chapter 11 Plan

03/31/16
A front-end loader is used to move material inside the open pit at Molycorp’s Mountain Pass Rare Earth facility in Mountain Pass, Calif.
David Becker/Reuters
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SFX Discloses Festival Lineups in Connection With Artist Deal

03/30/16
Skrillex performs at the 58th annual Grammy Awards on Feb. 15 in Los Angeles.
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Will Hawaii’s Bankrupt Circus Fold Its Tent?

03/30/16

A Hawaiian Hilton resort is trying to evict a company that put on a circus-inspired CabaRAE show on its grounds until October, but the organizers say the show might still go on.

The bankrupt company, RAE Entertainment Group LLC, recently told a judge that it is trying to find a replacement act to use the Hilton Hawaiian Village’s leased 7,000-square foot showroom.

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Abengoa Files for Chapter 15 in U.S.

03/30/16
Towers belonging to the Abengoa solar plant are seen at the “Solucar” solar park in Sanlucar la Mayor, near the Andalusian capital of Seville, southern Spain.
Reuters
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Parent Company of Roscoe’s House of Chicken and Waffles Files for Bankruptcy

03/29/16

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The parent company of Los Angeles’s iconic Roscoe’s House of Chicken and Waffles restaurants has filed for bankruptcy protection, owing more than $3 million to an ex-em

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Parent of Southcross Energy Files for Chapter 11

03/29/16
Associated Press

Southcross Energy Partners LP’s parent company filed a

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Coming and Going Concerns

03/28/16

Kristen Campana has joined the multi-tranche finance group at Proskauer as a partner. Ms. Campana has worked in domestic and international financings and has experience in bankruptcy. She also has worked with distressed investors. Most recently, Ms.

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Pacific Exploration Loses EIG Buyout Offer

03/28/16
Matthew Brow/Associated Press

EIG Global Energy Partners pulled its buyout offer for distressed oil company Pacific Exploration & Prod

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Next Week in Bankruptcy

03/25/16

Lawyers who put oil and gas company Magnum Hunter Resources Corp. into bankruptcy in December will try to convince a Delaware judge on Thursday that the company is ready to leave chapter 11 protection.

Judge Kevin Gross of the U.S. Bankruptcy Court in Wilmington, Del., is scheduled to look over a bankruptcy-exit plan for the 350-worker Irving, Texas, company—one of dozens of energy companies whose finances were upended by the oil price collapse.

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Oncor Buyout Approved by Texas Regulators

03/25/16
This photo shows transformers that are ready to ship at Oncor’s staging area in Lancaster, Texas, on Thursday, Dec. 5, 2013. Texas regulators recently approved a buyout of Oncor.
Kye R.
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