The plaintiffs in Brace Industrial Contracting v. Peterson Enterprises (Del. Ch. Dec. 10, 2015) moved for partial summary judgment on the issue of whether the defendants could “self-help themselves to $3.457 million of the plaintiffs’ money as an offset against different purported unliquidated claims.”
On New Year's Eve 2015, Swift Energy Company and 8 affiliates filed a voluntary petition commencing a prepackaged chapter 11 case in the United States Bankruptcy Court for the District of Delaware. The case is docketed as case no. 15-12670, and has been assigned to The Honorable Mary F. Walrath. The petition lists assets of $1.024 billion and liabilities of $1.349 billion.
Fuhu, Inc. has filed a Chapter 11 petition in Delaware in order to facilitate as sale of the company to Mattel, according to a statement listed on its website. The case is docketed in the United States Bankruptcy Court for the District of Delaware as Case No. 15-12465. The case is assigned to The Honorable Christopher S. Sontchi. Fuhu Holdings, Inc has filed an affilated case.
On October 7, 2015, Taylor-Wharton International LLC and Taylor-Wharton Cryogenics LLC filed a Chapter 11 petition seeking protection in the United States Bankruptcy Court for the District of Delaware. The case is docketed as case no. 15-12075, and has been assigned to The Honorable Brendan L. Shannon.
On August 26, 2015, Santa Fe Gold Corporation and three affiliates filed voluntary chapter 11 petitions in the United States Bankruptcy Court for the District of Delaware. The cases are docketed as case no. 15-11761, and have been assigned to The Honorable Mary F. Walrath.
On August 9, 2015, ZLOOP, INC., and two affiliates, Zloop Knitting Mill LLC and Zloop Nevada, LLC filed voluntary chapter 11 petitions in the United States Bankruptcy Court for the District of Delaware. The cases have been assigned to The Honorable Kevin J. Carey and are docketed as case no. 15-11660. Zloop's Chairman and CEO, Robert M.
Today, August 13, 2015, Hercules Offshore, Inc. and 14 of its affiliates filed a prepackaged chapter 11 bankruptcy case in the United States Bankruptcy Court for the District of Delaware. Hercules and its affiates are, according to the petition, providers of shallow-water drilling and marine services to the oil and natural gas exploration and production industry globally. The cases have been assigned to the Honorable Kevin J.
On July 23, 2015, Corporate Resource Services, Inc. and 7 affiliates filed voluntary chapter 11 petitions in the United States Bankruptcy Court for the District of Delaware. The cases are docketed as case no. 15-11546, and are assigned to The Honorable Mary F. Walrath. The filing appears to be the final steps in an orderly wind down of the companies that began in February, 2015.