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ConvergeOne's Snubbed Lenders Appeal Reorganization Win

A group of ConvergeOne lenders that claim the information technology company's reorganization plan unfairly advantages rival creditors has appealed a Texas bankruptcy judge's recent ruling approving the Chapter 11 deal, asking a district court to stay the decision while it challenges what it called an "exclusive" rights offering underlying the plan. ....

United States , Alex Wittenberg ,

V&E Defends Its Enviva Work From Trustee's Conflict Claim

V&E Defends Its Enviva Work From Trustee's Conflict Claim
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United States , Vinson Elkins , Us Trustee Office , Alex Wittenberg ,

Cruise Line Hornblower Hits Ch. 11 With Over $1B Debt

Cruise line and ferry service Hornblower Group Inc. and affiliates on Wednesday filed for Chapter 11 bankruptcy protection in Texas with a plan to cut $720 million from its more than $1 billion of debt through a deal that will hand majority control to private equity firm Strategic Value Partners. ....

United States , Hornblower Group Inc , Alex Wittenberg , Hornblower Group , Strategic Value Partners ,

Genesis Gets Nod To Sell $1.6B In Grayscale Shares In Ch. 11

Cryptocurrency lender Genesis Global won a New York bankruptcy judge's approval Wednesday to start selling more than $1.6 billion of shares in Grayscale Investments trusts to fund payouts to creditors, defeating an objection by Digital Currency Group over sale timing and the parent company's plea to consult on transactions. ....

New York , United States , Digital Currency Group , Alex Wittenberg , Genesis Global , Grayscale Investments ,

US Trustee Balks At Kidde-Fenwal Pick For Future Claims Rep

The U.S. Trustee's Office asked a Delaware bankruptcy judge on Thursday to reject Kidde-Fenwal Inc.'s bid to appoint a representative for people who in the future claim they were injured by the company's use of firefighting foam containing so-called forever chemicals, saying the court should evaluate candidates instead of leaving it solely to the debtor. ....

United States , Us Trustee Office , Kidde Fenwal Inc , Alex Wittenberg ,