Bankruptcy Reorganization Chapter 11

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Bankruptcy Reorganization Chapter 11

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November 2014

November 20, 2014

Loleta Cheese Company, Inc. Files Chapter 11


 

  • Debtor Name:  Loleta Cheese Company, Inc.
  • Year Filed:  2014
  • Jurisdiction:  United States Bankruptcy Court / Northern District of California
  • Asset Size:  Less than 10,000,000
  • Case Number:  14-11620
  • Industry:  Food & Beverage, Retail, Manufacturing

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JBM Farms, Inc. Files Chapter 11


 

  • Debtor Name:  JBM Farms, Inc.
  • Year Filed:  2014
  • Jurisdiction:  United States Bankruptcy Court / Eastern District of North Carolina
  • Asset Size:  Less than 10,000,000
  • Case Number:  14-06754
  • Industry:  Agricultural/Farming

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November 19, 2014

LaGrange Ventures, LLC Files Chapter 11


The real estate company is based in Chicago, IL.

The Petition lists the largest creditor as Wells Fargo Bank, N.A. with an approximate $1.8 million claim.

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November 18, 2014

Endeavour Operating Corporation Update: POR


  • Debtor Name:  Endeavour Operating Corporation
  • Year Filed:  2014
  • Jurisdiction:  United States Bankruptcy Court / District of Delaware
  • Asset Size:  Over 1 Billion, but less than 5 Billion
  • Case Number:  14-12308
  • Industry:  Oil/Gas

On November, 17, 2014, the Debtor filed their Proposed Plan of Reorganization with the United States Bankruptcy Court for the District of Delaware.  The Plan provides for a reduction of approximately $598 of existing debt and frees up approximately $50 million in annual cash flow.  The Plan estimates a 15% recovery for general unsecured claims.

 

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