MModal Inc. and its affiliates have sought bankruptcy protection less than two years after being acquired by One Equity Partners V, L.P. in a $1.14 billion going private transaction.
The transaction in August 2102 was financed by a combination of debt and equity, including an equity contribution from OEP of approximately $447 million.
The Official Committee of Unsecured Creditors of Nortel Networks Inc., and its debtor-affiliates seeks authorization from the U.S. Bankruptcy Court for the District of Delaware to retain Cassels Brock & Blackwell LLP as successor Canadian counsel, nunc pro tunc to Mar. 4, 2014.
The Hon. Ronald G. Pearson of the U.S. Bankruptcy Court for the Southern District of West Virginia has authorized Freedom Industries, Inc., to employ Babst, Calland, Clements & Zomnir, P.C., as special environmental counsel.
The Bankruptcy Court in Houston, Texas, has postponed the deadlines related to the auction and sale of substantially all of the oil and gas properties of Goldking Resources, LLC, Goldking Onshore Operating, LLC, and Goldking Holdings, LLC:
Roberta A. DeAngelis, U.S. Trustee for Region 3, notified the U.S. Bankruptcy Court for the District of Delaware that she has appointed three members to an official committee of equity security holders in the Chapter 11 cases of Overseas Shipholding Group Inc., and its debtor affiliates.
The Committee members are:
Oceanside Mile LLC sought and obtained permission from the U.S. Bankruptcy Court to employ professionals at Creim Macias Koenig & Frey, LLP.
Los Gatos Hotel Corporation, dba Hotel Los Gatos, sought and obtained approval from the U.S. Bankruptcy Court to employ Eastdil Secured Broker Services, Inc., as real estate broker.