Stoneway Capital Ltd., et al

  1. May 17, 2022

    The Week In Bankruptcy: Purdue Bonus, PR Pension Appeal

    Two dozen states objected to proposed bonus payments for the CEO of bankrupt drugmaker Purdue Pharma, the First Circuit declined to rehear an appeal over changes made to Puerto Rican teacher pensions as part of the island's restructuring, and Affordable Care Act penalties are taxes in bankruptcy court. This is the week in bankruptcy.

  2. May 11, 2022

    Judge Approves 3rd-Party Releases In Stoneway Ch. 11 Plan

    A New York bankruptcy judge on Wednesday approved Argentine power plant owner Stoneway Capital Corp.'s Chapter 11 plan, finding that creditors had more than sufficient notice to allow them to opt out of the plan's third-party releases.

  3. May 10, 2022

    Week In Bankruptcy: Mass Torts Stumble, New Ch. 11 Crop

    The past week has seen a trio of large Chapter 11 cases hit the dockets as debt holders become less permissive, the Diocese of Camden meet a wall of opposition from its insurers who aren't on board with a new $90 million plan to deal with sex abuse claims, and entities related to conspiracy theorist Alex Jones face challenges from families of Sandy Hook victims to their bankruptcy filings. This is the week in bankruptcy.

  4. May 05, 2022

    Stoneway Ch. 11 Plan Delayed To Mull Purdue Release Ruling

    A decision on confirmation of the Chapter 11 plan of Argentine power plant owner Stoneway Capital Corp. will have to wait after a New York judge said he needs time to consider the implications of a recent district court ruling concerning third-party releases in the bankruptcy case of Purdue Pharma LP.

  5. April 26, 2022

    US Trustee Contests Releases In Stoneway Capital Ch. 11 Plan

    The Office of the U.S. Trustee has urged a New York bankruptcy judge to reject Argentine power plant owner Stoneway Capital Corp.'s Chapter 11 plan unless it obtains consent to third-party liability releases and more stringently determines who is ineligible for such releases.