District Judge Ronnie L. White of the Eastern District of Missouri affirmed the bankruptcy court order dismissing the Chapter 11 case of Gannon International, Ltd.
Phillip A. Damaska, Executive Vice President and Chief Financial Officer of Exide Technologies, said in a regulatory filing Friday that the Company entered into an amendment dated as of March 26, 2015, to the Amended and Restated Superpriority Debtor-in-Possession Credit Agreement, dated as of July 12, 2013, by and among the Company, as US Borrower, Exide Global Holding Netherlands C.V., as Foreign Borrower, the lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as Agent. The Amendment was approved by all lenders under the Amended DIP Credit Agreement.
The U.S. trustee overseeing the Chapter 11 case of Allied Nevada Gold Corp. appointed three creditors of the company to serve on the official committee of unsecured creditors:
The Standard Register Company, et al., are slated to appear before the U.S. Bankruptcy Court for the District of Delaware on April 1, 2015 at 10:00 a.m. to seek approval of proposed procedures in connection with a sale process where a group led by Silver Point Capital, L.P., would serve as stalking horse bidder.
Karmaloop, Inc., an 88-employee online retailer of streetwear fashion, has sought bankruptcy protection with plans to substantially sell of its assets.
An affiliate of the prepetition lenders has agreed to serve as stalking horse bidder in the proposed 11 U.S.C. Sec. 363 sale process.
Federation Employment & Guidance Service ("FEGS"), a nonprofit health and human services organization, has sought Chapter 11 bankruptcy protection in New York as part of its plans to transfer its programs and services and eventually wind down its operations.