A three-judge panel of the United States Court of Appeals, Fifth Circuit, affirmed the awards of fee enhancements to Baker Botts and Jordan, Hyden, Womble, Culbreth & Holzer, P.C., which served as debtor's counsel to ASARCO LLC during its Chapter 11 bankruptcy and helped ASARCO confirm a reorganization plan that paid all of its creditors in full. The Fifth Circuit, however, reversed the awards of fees for litigating the firms' fee applications.
GSE Environmental, Inc., is slated to seek approval of its Chapter 11 plan disclosures in June and is targeting a bankruptcy-exit by the end of July.
Judge Mary F. Walrath will convene a hearing on June 11, 2014, at 11:30 a.m., (ET), on the disclosure statement explaining GSE Environmental, Inc. and its affiliates' Joint Plan of Reorganization.
Freedom Industries Inc. sought and obtained approval from the U.S. Bankruptcy Court to employ Civil & Environmental Consultant Inc. as special environmental consultant.
Color Star Growers of Colorado, Inc. and its debtor-affiliates sought and obtained authorization from the U.S. Bankruptcy Court for the Eastern District of Texas to employ Simon, Ray & Winikka LLP as special conflicts counsel, effective March 12, 2014.
Bankruptcy Judge Pamela S. Hollis authorized Wheatland Marketplace, LLC, to sell parcels of real estate located at:
The U.S. Bankruptcy Court authorized the retention of Peter J. Solomon Company as financial advisor to the Official Committee of Equity Security Holders in the Chapter 11 case of Overseas Shipholding Group, et al.
The Bankruptcy Court approved an agreed supplement to the final order dated Feb. 14, 2014, authorizing Mt. Laurel Lodging Associates, LLP's use of cash collateral until Aug. 31.