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Lead Debtor: New MACH Gen, LLC

                      1780 Hughes Landing, Suite 800

                      The Woodlands, TX 77380 

 

Type of Business: New MACH Gen owns and manages a portfolio of 

                             three natural gas-fired electric generating 

                             facilities located in the United States: (1) a 

                            1,080 MW facility located in Athens, New York, 

                            that achieved commercial operation on May 5, 

                            2004; (2) a 1,092 MW facility located in 

                            Maricopa County, Arizona, that achieved 

                            commercial operation on Sept. 11, 2004; and (3) 

                            a 360 MW facility, located in Charlton, 

                           Massachusetts, that achieved commercial 

                           operation on April 12, 2001.  The facilities 

                           dispatch electricity into three power markets, 

                           two of which are served by independent system 

                           operators and similar transmission interfaces 

                           across a geographically diverse area.  

                          Specifically, the Athens facility dispatches 

                          power into the region managed by the New York  

                          ISO, the Harquahala facility into the region 

                          served by the Western Electricity Coordinating 

                          Council, and the Millennium facility into the 

                          region managed by ISO New England.

 

Chapter 11 Petition Date: June 11, 2018

 

Affiliated companies that filed voluntary petitions seeking relief

under Chapter 11 of the Bankruptcy Code:

 

    Debtor                                                                  Case No.

    ------                                                                      --------

    New MACH Gen, LLC (Lead Debtor)                  18-11368

    MACH Gen GP, LLC                                            18-11369

    Millennium Power Partners, L.P.                          18-11370

    New Athens Generating Company, LLC              18-11371

    New Harquahala Generating Company, LLC       18-11372

 

Court: United States Bankruptcy Court

       District of Delaware (Delaware)

 

Judge: Hon. Mary F. Walrath

Charles A. Beckham, Jr., the fee examiner of Seadrill Limited and its debtor-affiliates, seeks approval from the U.S. Bankruptcy Court for the Southern District of Texas to retain Haynes and Boone LLP as his counsel.

Services Haynes and Boone will provide are:

a. monitor, review and where appropriate, object to all Fee Applications filed by Retained Professionals and any other entity designated by the Court;

Debtor: Zero Energy Systems, LLC
           428 Westcor Drive
           Coralville, IA 52241

Type of Business: Zero Energy Systems -- http://www.zeroenergy-
                         systems.com/ -- provides state-of-the-art,
                         computer-automated production of proprietary
                         insulated concrete wall systems for residential
                         and commercial construction. The Company's
                         wall panels are specifically designed to store
                         and release energy, creating a net-zero effect
                         within the wall, while also providing disaster
                         resistance, durability, and affordability. The
                         Company has a heavy manufacturing facility at
                         428 Westcor Drive, Coralville, Iowa.

Chapter 11 Petition Date: March 25, 2018

Court: United States Bankruptcy Court
          Southern District of Iowa (Davenport)

Debtor: SK Global Trading Inc.
            29 West 30th Street
            New York, NY 10001-4404

Business Description: Organized in 2013, SK Global Trading Inc.
                               operates a wholesale business selling
                               perfume products, fragrances and watches.
                               SK Global generated total sales revenues
                               of approximately $2.14 million in 2016
                               and approximately $2.37 million in 2017.

Chapter 11 Petition Date: March 23, 2018

Case No.: 18-10793

Remington Outdoor Co. and certain of its affiliates filed for Chapter 11 bankruptcy protection Sunday evening in Delaware bankruptcy court.

The bankruptcy filing was required under a Restructuring Support Agreement with a group of lenders.

On Friday, Remington announced that the company and its affiliate FGI Operating Company, LLC, have entered into yet another amendment to the RSA that extended the time for the Company to file for Chapter 11 to March 25.

Remington also said it has entered into commitment letters with various lenders with respect to:

Debtor: Harlem Market Inc.
            2005 Third Avenue
            New York, NY 10001

Business Description: Harlem Market Inc. operates a supermarket
                               at 2005 Third Avenue, New York, NY under
                               the "Met Food" banner pursuant to a
                               commercial lease, dated April 13, 2015 with
                               AK Properties Group LLC as landlord.

Chapter 11 Petition Date: March 19, 2018

iHeartMedia, Inc. (PINK: IHRT) and certain of its subsidiaries, including iHeartCommunications, Inc., on March 14, 2018, sought Chapter 11 bankruptcy protection after reaching an agreement in principle with holders of more than $10 billion of its outstanding debt and its financial sponsors.

The agreement reflects widespread support across the capital structure for a comprehensive balance sheet restructuring that will reduce iHeartMedia's debt by more than $10 billion, the Company said in a press statement.

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Featured News

  • New MACH Gen Case Summary & 20 Largest Unsecured Creditors

    Lead Debtor: New MACH Gen, LLC

                          1780 Hughes Landing, Suite 800

                          The Woodlands, TX 77380 

     

    Type of Business: New MACH Gen owns and manages a portfolio of 

                                 three natural gas-fired electric generating 

                                 facilities located in the United States: (1) a 

                                1,080 MW facility located in Athens, New York, 

                                that achieved commercial operation on May 5, 

                                2004; (2) a 1,092 MW facility located in 

                                Maricopa County, Arizona, that achieved 

                                commercial operation on Sept. 11, 2004; and (3) 

                                a 360 MW facility, located in Charlton, 

                               Massachusetts, that achieved commercial 

                               operation on April 12, 2001.  The facilities 

                               dispatch electricity into three power markets, 

                               two of which are served by independent system 

                               operators and similar transmission interfaces 

                               across a geographically diverse area.  

                              Specifically, the Athens facility dispatches 

                              power into the region managed by the New York  

                              ISO, the Harquahala facility into the region 

                              served by the Western Electricity Coordinating 

                              Council, and the Millennium facility into the 

                              region managed by ISO New England.

     

    Chapter 11 Petition Date: June 11, 2018

     

    Affiliated companies that filed voluntary petitions seeking relief

    under Chapter 11 of the Bankruptcy Code:

     

        Debtor                                                                  Case No.

        ------                                                                      --------

        New MACH Gen, LLC (Lead Debtor)                  18-11368

        MACH Gen GP, LLC                                            18-11369

        Millennium Power Partners, L.P.                          18-11370

        New Athens Generating Company, LLC              18-11371

        New Harquahala Generating Company, LLC       18-11372

     

    Court: United States Bankruptcy Court

           District of Delaware (Delaware)

     

    Judge: Hon. Mary F. Walrath

    Written on Wednesday, 13 June 2018 07:04 in Latest News Be the first to comment! Read 2801 times Read more...