Tag Archives: bankruptcy

Court Grants MPM Authorization for Full Amount in DIP Financing

Last month, Momentive Performance Materials Inc. reached an agreement with certain key stakeholders on the terms of a balance sheet restructuring plan. To implement the plan, MPM filed to reorganize under Chapter 11 of the U.S. Bankruptcy code. On May … Continue reading

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Court Denies Request for Reconsideration of Vitro Case

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A judge for the Fifth Circuit Court of Appeals in New Orleans has denied Vitro’s recent motion for “en banc” consideration of the court’s decision affirming an original ruling denying Vitro SAB’s use of a Mexican bankruptcy restructuring plan in … Continue reading

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Trainor Seeks Extension of Deadline to File Chapter 11 Plan

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Trainor Glass has filed a motion with the U.S. Bankruptcy Court for the Northern District of Illinois asking for an extension of time to file its Chapter 11 plan with the court. The plan had been expected to be filed … Continue reading

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