September 22, 2022
A Delaware bankruptcy judge Thursday told TPC Group that it can send its Chapter 11 plan to creditors for a vote, so long as the petrochemical maker's unsecured creditors have the option to vote for the plan but opt out of its legal releases.
September 13, 2022
A Delaware bankruptcy judge on Tuesday delayed the hearing for TPC Group's Chapter 11 plan disclosure for another week, after being told that the petrochemical maker had reached a settlement with its secured noteholders but not its unsecured creditors.
September 06, 2022
Petrochemical maker TPC Group told a Delaware bankruptcy judge Tuesday that it was postponing the hearing on its Chapter 11 plan disclosure statement for a week, in part to try to settle proposed class action claims stemming from a 2019 plant explosion.
July 15, 2022
Petrochemical maker TPC Group told a Delaware bankruptcy judge Friday that it needed to await a decision from the local district court before moving forward with final approval of its Chapter 11 financing.
June 02, 2022
A Delaware bankruptcy judge said Thursday he was inclined to approve Texas petrochemical maker TPC Group's $523 million in Chapter 11 financing, saying it allows challenges to the roll-up of hundreds of millions of prebankruptcy debt into the package.
June 01, 2022
Petrochemical maker TPC Group Inc. filed for Chapter 11 protection in a Delaware bankruptcy court, saying it is dealing with $1.3 billion in debt and issues including supply chain problems, commodity prices and liability for a 2019 plant explosion.
June 01, 2022
Texas-based petrochemical maker TPC Group filed for Chapter 11 protection Wednesday in a Delaware bankruptcy court, saying it is dealing with $1.3 billion in debt and issues including supply chain problems, commodity prices and liability for a 2019 plant explosion.