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The U.S. Bankruptcy Court for the Eastern District of Pennsylvania issued an eighth interim order, authorizing Field Family Associates, LLC's use of cash collateral in which Wells Fargo Bank, N.A., as trustee for the Registered Holders of J.P. Morgan Chase Commercial Mortgage Securities Trust 2007-C1BC18, Commercial Mortgage Pass-Through Certificates, Series 2007-C1BC18, asserts an interest.

Horizon Technology Finance Corporation, as successor to Compass Horizon Funding Company LLC and Horizon Credit I, LLC, asks the U.S. Bankruptcy Court for the Southern District of Indiana, New Albany Division, to convert the Chapter 11 case of Cereplast, Inc., to a case under Chapter 7 of the Bankruptcy Code.

Victor Oolitic Stone Company, a provider of dimensional limestone products in North America, has sought bankruptcy protection with plans to sell the assets to Indiana Commercial Finance, LLC, absent higher and better offers.

The Official Committee of Unsecured Creditors of Belle Foods, LLC sought and obtained authorization from the Hon. Jack Caddell of the U.S. Bankruptcy Court for the Northern District of Alabama to retain Rumberger, Kirk & Caldwell, P.C. as co-counsel for the Committee, nunc pro tunc to Dec. 9, 2013.

American Patriot Gold LLC sought and obtained permission from the U.S. Bankruptcy Court for the Southern District of Texas to employ Andrew J. Gaudielle as mining consultant.

Ernest Wu, who represents a group of holders of notes issued by Edgenet Inc., which collectively represent $18.35 million in claims against the Debtors, responded to the Debtors' request for a final order to use cash collateral.

Judge Stuart M. Bernstein of the U.S. Bankruptcy Court for the Southern District of New York approved on Feb. 13, 2014, the disclosure statement explaining the plan of liquidation proposed by Sheila M. Gowan, the Chapter 11 trustee for Dreier LLP, and the Official Committee of Unsecured Creditors.

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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 705 times Read more...