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The U.S. Bankruptcy Court for the District of Oregon authorized C & K Market Inc. to employ Menlo Management Company as leasing agent.

Debtor: Money Centers of America, Inc.
            601 S. Henderson Rd., Suite 153
            King of Prussia, PA 19406

Case No.: 14-10603

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:

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  • Takata Corp. et al. Proposes to Pay $47.4 Million to Key Vendors

    TK Holdings Inc. and other Takata Corp. units that have sought Chapter 11 protection are seeking approval from the U.S. Bankruptcy Court for the District of Delaware to pay $47.4 million of the $118 million owed to various third-party providers of goods and services.

    The Debtors are only seeking approval to pay the prepetition claims of "critical vendors", i.e. vendors, suppliers, service providers, and other similar parties and entities that are essential to maintaining the going concern value of the Debtors' businesses.

    Written on Tuesday, 27 June 2017 02:03 in Latest News Be the first to comment! Read 10 times Read more...