Saddled with significant debt obligations, Fairway Group Holdings Corp. and its affiliates each commenced with the U.S. Bankruptcy Court for the Southern District of New York a voluntary case under Chapter 11 of the Bankruptcy Code.
AF-Southeast, LLC, et al., filed with the U.S. Bankruptcy Court for the District of Delaware on April 27, 2016, a motion seeking approval of bidding procedures to be used for the sale of their assets and related personal property.
The Debtors have been engaged in a marketing process for the sale of certain of their assets as a going concern for approximately 18 months. Despite the Debtors' robust marketing process, to date, none of the interested potential bidders has come forward to serve as a stalking horse for the Sale process.
Harlequins Web, LLC, sought and obtained permission from the U.S. Bankruptcy Court for the Central District of California to employ Robert Reganyan as general bankruptcy counsel to the Debtor.
Emerald Oil, Inc., et al., seek authority from the U.S. Bankruptcy Court for the District of Delaware to employ BDO USA, LLP as accountant and auditor to the Debtors, nunc pro tunc to April 1, 2016.
Great Wall Supermarket of GA. Inc. asks the U.S. Bankruptcy Court to appoint a Chapter 11 Trustee for Phillips Investments, LLC, on the grounds that the Debtor has demonstrated incompetence, gross mismanagement, and possible fraud by failing to repair and/or fix the leaking roof at the real property located at 2300 Pleasant Hill Road, in Duluth, Georgia.
SunEdison, Inc., et al., seek authority from the U.S. Bankruptcy Court for the Southern District of New York to employ Joseph Hage Aaronson LLC Inc. as special counsel to the Debtors, nunc pro tunc to April 21, 2016.
The Bankruptcy Court for the District of Arizona granted Canyon Portal II final authority to use the Cash Collateral, which terminates on the earlier to occur of May 23, 2016, or the dismissal or conversion or confirmation plan of the Chapter 11 case.