On May 18, 2012, the Bankruptcy Court for the Northern District of Texas confirmed Reddy Ice’s chapter 11 plan, paving the way for the Company to exit bankruptcy. The Company announced that it would be prepared to exit bankruptcy in the next week or so. Reddy Ice filed for chapter 11 bankruptcy on April 12 […]
Read MoreIn Patricia Wright, et al. v. Owens Corning, Case No. 11-2026 (3d Cir. May 18, 2012), the Third Circuit Court of Appeals undertook the challenge of administering unknown future claims in bankruptcy. Future claims are generally known as claims that only become apparent until after a chapter 11 plan is confirmed and the debtor is discharged […]
Read MoreYesterday, Houghton Mifflin Harcourt Publishing Company and its affiliates (HMH), the leading provider of educational material to the elementary and secondary school market in the United States, filed bankruptcy in the Southern District of New York. The consolidated cases are docketed under Case No. 12-12171. The Company, which has published authors such as Mark Twain and J.R.R. Tolkien, sought […]
Read MoreIn Mark S. Kirschner v. John D. Goglia, et al., Case No. 11 Civ. 08250-JSR (S.D.N.Y. May 9, 2012), the United States District Court for the Southern District of New York granted a motion to withdraw the reference by defendants in an adversary proceeding commenced by the trustee in the Refco bankruptcy case, asserting fraudulent conveyance […]
Read MoreConnexion Technologies, a real estate and telecommunications company out of North Carolina, filed for chapter 11 bankruptcy April 26, 2012, with the intention to sell itself after DirecTV Group Inc. (DTV) terminated its contracts with the Company, pushing the already cash-depleted Company over the edge. Connexion filed for bankruptcy along with 11 subsidiaries, including […]
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