On September 27, 2022, Phoenix Services Topco LLC, a steel mill service provider with approximately 2,600 employees, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 22-10906). The company reports $500 million to $1 billion in both assets and liabilities. According
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New Chapter 11 Filing – All Year Holdings Limited
On December 13, 2021, T.W. LaQuay Marine, LLC a Texas-based freight transporter on all inland waterways, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of Texas (Case No. 21-60101). The company reports $10 to $50 million in both assets and liabilities.
Cole Schotz…
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 with several affiliates. The company reports $100 to $500 million in both assets and liabilities.…
Delaware Organizational Meeting – Phase RX, Inc.
Upcoming Committee Formation Meeting: Wednesday, December 20, 2017 11:00 AM
Case Name: 17-12890 (CSS)
Location: U.S. Trustee Office, 844 King Street, Suite 3209, Wilmington, DE 19801
Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.
Contact Norman L. Pernick and Nicholas J. Brannick
Committee Formation Meeting for Magnum Hunter Resources Corporation, et al.
Upcoming Committee Formation Meeting: December 23, 2015 at 11:00 a.m.
Case Name: Magnum Hunter Resources Corporation, et al.
Case Number:15-12533 (KG)
Location: The DoubleTree Hotel, 700 King St., Salon C, Wilmington, DE 19801
The petition is available with the U.S. Bankruptcy Court for the District of Delaware. Judge Gross will preside over the cases. …
New Delaware Filing – Affirmative Insurance Holdings, Inc. et al.
Affirmative Insurance Holdings, Inc. (OTC: AFFM), a provider of non-standard personal automobile insurance policies, and ten affiliates have filed chapter 11 petitions before the United States Bankruptcy Court for the District of Delaware (lead case number 15-12136-CSS). The petition and consolidated list of top 30 creditors and the first day declaration are attached.
Contact Norman…
“Stub Rent” Considered Administrative Expense Obligation by Delaware District Court
The United States District Court for the District of Delaware, in Goody’s Family Clothing, Inc. et al. v. Mountaineer Prop. Co. II, LLC, et al. (In re Goody’s Family Clothing, Inc. et al.), 2009 WL 903370 (D. Del. March 31, 2009), held that “stub” rent owed to commercial landlords should be accorded administrative expense priority…