Featured Book


Shane G. Ramsey of the firm Nelson Mullins Riley & Scarborough LLP submitted to the U.S. Bankruptcy Court for the Middle District of Alabama a verified disclosure in accordance with Rule 2019 of the Federal Rules of Bankruptcy Procedure with respect to Nelson Mullins' representation of members of an ad hoc committee of holders of:

(i) 7.875% Trust Preferred Securities issued pursuant to an Indenture dated as of March 26, 2003, between The Colonial BancGroup, Inc., and U.S. Bank N.A. as Trustee and the Amended and Restated Declaration of Trust dated as of March 26, 2003 between CBG and U.S. Bank N.A. and with a maturity date in 2033; and

(ii) 8.875% subordinated notes issued pursuant to an Indenture dated as of March 1, 2008, between CBG and The Bank of New York Mellon Trust Company, N.A., as successor in interest to The Bank of New York Trust Company, N.A.

Patrick S. Layng, U.S. Trustee for Region 19, appointed on Feb. 13 additional four creditors to serve on the official committee of unsecured creditors in the Chapter 11 case of Mountain Crane Service LLC.

As reported by the Troubled Company Reporter on Jan. 29, 2018, the U.S. Trustee on Jan. 25 appointed three creditors to serve on the Committee -- Trinity Logistics Inc., Coast 2 Coast Logistics, and Western Heavy Haul, Inc.

The Committee now consists of:

Hattrick Properties, LLC, seeks authority from the U.S. Bankruptcy Court for the Western District of Texas to employ thisRealty, as real estate broker to the Debtor.

The Sarachek Law Firm filed with the U.S. Bankruptcy Court for the District of Delaware a verified statement pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure stating that it is legal counsel to certain secured noteholders of Woodbridge Group of Companies, LLC, and its affiliates.

The Secured Noteholders and the nature and amount of their specific claims or interests in these bankruptcy cases as of Feb. 12, 2018, are:

a. Betty Lu Dunne
   150 Cortona Way, Apartment 216
   Brentwood, CA 94513

Debtor: Jason Fly Logging, LLC
            1155 Jeff Sanders Rd.
            Batesville, MS 38606-9214

Business Description: Jason Fly Logging, LLC, headquartered
                               in Batesville, Mississippi, is a privately
                               held logging company established in 2010.

Chapter 11 Petition Date: February 12, 2018

Case No.: 18-10483

The Bon-Ton Stores, Inc., and affiliates ask the U.S. Bankruptcy Court for the District of Delaware to authorize bidding procedures in connection with the sale of substantially all assets at auction on an "as is" basis, and free and clear of any and all encumbrances.

The U.S. Bankruptcy Court for the Southern District of West Virginia has entered an order approving procedures for the auction and sale of The Charleston Gazette-Mail and related assets, reports Lacie Pierson, staff writer for the Charleston Gazette-Mail.

According to the report, Bankruptcy Judge Frank Volk set this timeline:

-- Bids are due March 6;

Page 2 of 262

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 2567 times Read more...