June 01, 2022
The bankrupt Diocese of Camden received approval for its Chapter 11 plan disclosures with warnings from the court, Sidley Austin was found not to be conflicted when it represented the Boy Scouts of America, and Arizona law doomed a $16 million lien claim asserted by the Dutch government in the MD Helicopters bankruptcy. This is the week in bankruptcy.
May 26, 2022
The landlord of the bankrupt Edgemere retirement community in Dallas asked a Dallas bankruptcy judge Thursday to find it has an interest in its 400 housing units and that it should get guarantees against the risk the debtor will allow the property to drop in value.
May 20, 2022
Unsecured creditors of the bankrupt, 400-bed Edgemere retirement community in Dallas have asked a Texas bankruptcy judge to reject a proposed $10.1 million Chapter 11 financing loan unless modified, citing terms that overwhelmingly favor a bond trustee at the expense of the estate and unsecured creditors.
April 18, 2022
A Texas bankruptcy judge on Monday granted the nonprofit operator of the Edgemere retirement home in Dallas a request to use up to $2 million in cash collateral to continue operating while it undergoes Chapter 11 proceedings, despite an objection to the plan filed by the home's landlord.