Featured Book


Debtor: Skypatrol, LLC, a Delaware Limited Liability Company
            dba GPS Tracking Solutions
            dba M2M Depot
            dba Defender
            dba Total GPS Technologies
            dba Fleet Command
            dba Protek
            3055 N.W. 84th Avenue
            Miami, FL 33122-1921

Business Description: Skypatrol, LLC provides integrated Global
Positioning System (GPS) tracking solutions
serving many markets including vehicle
finance, fleet management, mobile asset
tracking, automobile dealerships, outdoor
sports and motor sports.

Xcelerated, LLC, asks the U.S. Bankruptcy Court for the Eastern District of Kentucky to authorize the bidding procedures in connection with the sale of substantially all assets to successful bidder.

A hearing on the Motion is set for Dec. 21, 2017 at 9:00 a.m. (ET).

Global A&T Electronics Ltd. ("GATE") and certain of its subsidiaries is soliciting acceptances from accredited investors that hold the 10% senior secured notes due 2019 issued on Feb. 7, 2013 and the 10% senior secured notes due 2019 issued on Sept. 30, 2013, with respect to the Companies' joint Chapter 11 plan of reorganization dated Nov. 20, 2017, in accordance with Section 1125 of the U.S. Bankruptcy Code.

CTI BioPharma Corp. entered into a loan and security agreement with Silicon Valley Bank on Nov. 28, 2017, pursuant to which Silicon Valley has agreed to make a senior secured term loan of up to $18 million. The first $16 million of the term loan was funded on Nov. 28, 2017, and the remaining $2 million is available at the Company's option at any time from the occurrence of a Milestone Event through July 31, 2018, subject to the satisfaction of certain conditions. The term loan is repayable over 36 months after an initial interest-only period of at least 12 months after closing, which will be extended to 18 months upon the occurrence of the Milestone Event.

TDR Trust, LLC, seeks approval from the U.S. Bankruptcy Court for the Middle District of Florida to hire a real estate agent.

All Sod Nursery Inc. received approval from the U.S. Bankruptcy Court for the Middle District of Florida to hire Borro Tax Partners LLC in connection with its Chapter 11 case.

Judge Eddward P. Ballinger Jr. of the U.S. Bankruptcy Court for the District of Arizona approves the Amended Disclosure Statement in Support of a Chapter 11 Plan of Reorganization filed by Prado Management, LLC on November 8, 2017.

Page 3 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...