Alto Maipo Delaware LLC

  1. June 29, 2022

    Sears Lease Fight Hits High Court, Gulf Coast Plan Approved

    The U.S. Supreme Court took up a lease fight between Sears Holdings and the Mall of America, Gulf Coast Health Care got its Chapter 11 plan confirmed, and contractors owed money by the owner of the Carolina Panthers want a bankruptcy venue transfer. This is the week in bankruptcy.

  2. June 28, 2022

    Water Rights Holders File $68M Ch. 11 Suit Against Alto Maipo

    A Chilean organization that manages water rights near the site of a hydroelectric dam has filed a $68 million adversary suit in the Delaware bankruptcy case of the dam's developer, Alto Maipo, alleging that equipment tests by the debtor lowered water levels and deprived the owners of water access.

  3. 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.

  4. May 13, 2022

    Chilean Hydropower Project Gets Ch. 11 Plan Confirmed

    Chilean hydropower venture Alto Maipo won court approval of its Chapter 11 plan Friday after agreeing to modify language related to third-party releases in response to an objection from the U.S. Trustee's Office.

  5. May 03, 2022

    Week In Bankruptcy: Purdue On Defense, Becker Goes To Jail

    Purdue Pharma LP told the Second Circuit that decades of precedent justify opioid liability releases given to the Sackler family under its Chapter 11 plan, tennis legend Boris Becker is headed to jail across the pond for hiding assets in bankruptcy, and asbestos claims drove a Hess Corp. subsidiary into bankruptcy in Texas. This is the week in bankruptcy.

  6. May 03, 2022

    Alto Maipo Ducks Jurisdiction Battle With Del. Ch. 11 Truce

    Opposing groups in the contentious bankruptcy of Chilean hydropower venture Alto Maipo reported a global truce Tuesday pending confirmation of its Chapter 11 plan in Delaware, with international jurisdiction disputes to be taken up later, possibly in other venues.

  7. April 26, 2022

    Jurisdiction Concerns Require Ch. 11 Complaint In Dam Case

    A Delaware bankruptcy judge said Tuesday she could not entertain a motion from bankrupt Chilean hydroelectric dam developer Alto Maipo to assume a power purchase agreement with a customer because she did not have jurisdiction to force a ruling on the customer.

  8. April 22, 2022

    Alto Maipo Invokes Ch. 11's Global Reach In Contract Fight

    A bankrupt Chilean hydropower project told a bankruptcy judge in Delaware Friday that a jurisdictional challenge by its largest customer would upend the Bankruptcy Code's global reach in disputes over a Chapter 11 debtor's property.

  9. April 20, 2022

    Water Org. Seeks Delay In Alto Maipo Ch. 11 Deal Assumption

    A Chilean organization that manages water rights near the site of a hydroelectric dam being developed by debtor Alto Maipo asked a Delaware judge to delay consideration of the debtor's attempt to assume an agreement that allowed the dam development to go forward.

  10. April 06, 2022

    Bankrupt Chilean Dam Project May Seek Votes On Ch. 11 Plan

    Bankrupt Chilean dam project Alto Maipo got court permission Wednesday to solicit votes from creditors on its Chapter 11 plan of reorganization after overcoming most objections from creditors, an ad hoc committee of tort claimants and the U.S. Department of Justice's bankruptcy watchdog.