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The U.S. Bankruptcy Court for the Western District of New York authorized the Official Committee of Unsecured Creditors of Demco, Inc. to retain Amigone, Sanchez & Mattrey, LLP as counsel, nunc pro tunc to Feb. 12, 2014.

The Budd Company, Inc., is asking the bankruptcy court for approval of an agreement with Conway MacKenzie Management Services, LLC to provide the services of Charles M. Moore as chief restructuring officer and other support personnel.

Ablest Inc. and its debtor-affiliates sought Chapter 11 bankruptcy protection with a prepackaged plan of reorganization that will reduce $650 million of debt by $300 million.

The U.S. Bankruptcy Court for the Southern District of California extended Vail Lake Rancho California LLC's exclusive periods to file a chapter 11 plan until May 1, 2014; and solicit acceptances for that plan until July 1.

The Hon. Neil W. Bason of the U.S. Bankruptcy Court for the Central District of California authorized HDOS Enterprises to employ Rust Consulting Omni Bankruptcy, a division of Rust Consulting, In., as the claims, noticing and balloting agent for the Clerk of the Bankruptcy Court, nunc pro tunc to Feb. 13, 2014.

The Official Committee of Unsecured Creditors of Buffet Partners, L.P., et al. seeks authorization from the Hon. Harlin D. Hale of the U.S. Bankruptcy Court for the Northern District of Texas to retain Munsch Hardt Kopf & Harr, P.C. as attorneys for the Committee, effective Feb. 11, 2014.

Global Geophysical Services Inc.'s prepetition lender is opposing the Debtors' motion for approval of their debtor in possession financing facility to be provided by certain of their prepetition unsecured bondholders, pointing out that it can provide alternative financing on the same economic terms offered by the bondholder. TPG Specialty Lending Inc. and its affiliates, the prepetition secured lenders, say priming their liens and security interests on a non-consensual basis in favor of the bondholders' DIP facility is neither necessary nor permissible.

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  • 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 152 times Read more...