On November 6th, Oya Renewables Development LLC, et al. (the “Oya Debtors”) filed a bidding procedures motion to approve the proposed bidding procedures in connection with the sale of substantially all of the Oya Debtors’ assets.

Below are additional important dates (which are proposed in the bidding procedures motion):

• December 17, 2024: proposed deadline to

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Oya Renewables, a Boston and Toronto-based solar infrastructure developer founded in 2009, has initiated Chapter 11 bankruptcy proceedings in Delaware. The company faces financial obligations between $100-500 million, including $86.8 million in secured debt, while maintaining minimal cash reserves of just $58,000.

The company’s downfall stems from multiple challenges, according to Chief Restructuring Officer John…

The United States District Court for the District of Delaware recently issued a Revised Standing Order Concerning the Use of Face Mask and Coverings in Public Areas of the District and Bankruptcy Court.  Per the Revised Standing Order, court staff are required to wear a face mask when interacting with the public.  Likewise, visitors…

Muji USA Ltd., the U.S. division of the iconic Japanese home and goods fashion retailer, filed for Chapter 11 bankruptcy on July 10, 2020 in the United States Bankruptcy Court for the District of Delaware, with plans to reposition the brand’s e-commerce division.

Chapter 11 bankruptcy filings permit a struggling businesses to continue its operations…

When a defendant in a personal injury lawsuit files for bankruptcy, the “drill” is familiar: a suggestion of bankruptcy is filed, the case is stayed, and no further action can be taken to liquidate the personal injury plaintiff’s claims until the automatic stay is lifted.

So how does a personal injury claimant go about lifting…

Background on the Debtors
The iconic retail brand, Brooks Brothers, filed for Chapter 11 bankruptcy protection on Wednesday, July 8, 2020 in the Delaware Bankruptcy Court.
Founded in 1818, Brooks Brothers is one of the country’s oldest retailers.  In light of the coronavirus, rent had become a significant burden for the retailer.  To date, Brooks…

Lucky Brand became the latest retailer to seek bankruptcy protection when it filed for chapter 11 protection in the United States Bankruptcy Court for the District of Delaware on Friday, July 3rd.  Lucky Brand joins J.Crew, Neiman Marcus and J.C. Penney, all of which filed for bankruptcy during the pandemic.

Matthew A. Kaness, Lucky Brand interim…