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Tuesday, June 2, 2020

Welcome to the Bankruptcy
Today Newsletter.

Your daily access to recent significant Chapter 11 case filings, relevant restructuring news and samples of some of our current distressed company profiles.

Featured Recent Filings


CourtFiledDebtorCase NoAttorneyAssetsLiabilities
D. Del.6/1/2020LGA4 Corp.20-11453John H. Knight$100M - $500M$500M - $1B
D. Del.6/1/2020LGAC LLC20-11450John H. Knight$100M - $500M$500M - $1B
D. Del.6/1/2020LGAU Corp.20-11455John H. Knight$100M - $500M$500M - $1B
D. Del.6/1/2020LGC Corp.20-11447John H. Knight$100M - $500M$500M - $1B
D. Del.6/1/2020LGFS Inc.20-11444John H. Knight$100M - $500M$500M - $1B
D. Del.6/1/2020Libbey Glass Inc.20-11439John H. Knight$100M - $500M$500M - $1B
D. Del.6/1/2020Libbey Glass Inc.20-11439John H. Knight$100M - $500M$500M - $1B
D. Del.6/1/2020Libbey Inc.20-11440John H. Knight$100M - $500M$500M - $1B
D. Del.6/1/2020Libbey Inc.20-11440John H. Knight$100M - $500M$500M - $1B
D. Del.6/1/2020Libbey.com LLC20-11443John H. Knight$100M - $500M$500M - $1B
D. Del.6/1/2020Syracuse China Company20-11446John H. Knight$100M - $500M$500M - $1B
D. Del.6/1/2020TE Holdcorp, LLC20-11442Pauline K. Morgan$100M - $500M$500M - $1B
D. Del.6/1/2020TE Holdings II, LLC20-11449Pauline K. Morgan$100M - $500M$500M - $1B
D. Del.6/1/2020TE Holdings, LLC20-11445Pauline K. Morgan$100M - $500M$500M - $1B
D. Del.6/1/2020Templar Energy LLC20-11441Pauline K. Morgan$100M - $500M$500M - $1B
D. Del.6/1/2020Templar Energy LLC20-11441Pauline K. Morgan$100M - $500M$500M - $1B
D. Del.6/1/2020Templar Midstream LLC20-11454Pauline K. Morgan$100M - $500M$500M - $1B
D. Del.6/1/2020Templar Operating LLC20-11452Pauline K. Morgan$100M - $500M$500M - $1B
D. Del.6/1/2020The Drummond Glass Company20-11448John H. Knight$100M - $500M$500M - $1B
D. Del.6/1/2020World Tableware Inc.20-11451John H. Knight$100M - $500M$500M - $1B

View All Filings
Featured Article


What Increased Bankruptcy Filings Across Health Care Could Mean for Home Health Providers

Industry experts have predicted a rise in home health bankruptcies amid the COVID-19 virus. But home health providers likely won’t be the only ones affected by tighter cash flows and unexpected expenses.

Ultimately, there’s likely to be increased bankruptcy filings across health care, particularly in industries such as skilled nursing and senior living. That, in turn, could also present new opportunities for the home health providers that survive the ongoing crisis.

Across the health care landscape, in general, Chapter 11 bankruptcy filings have become more common in recent quarters — a trend that’s only expected to accelerate post-coronavirus, according to Jeremy Johnson, a shareholder at the law firm Polsinelli, where he focuses on health care restructurings.

“The health care filings are coming,” Johnson told Home Health Care News. “Q3, Q4 and then the beginning of next year is really when you’re going to start seeing health care filings. Right now, there’s an awful lot of money being made available to certain kinds of operators. … But it doesn’t solve a lot of the financial problems; it just makes sure they continue to operate in the interim.”

Read the full article

Home Health Care News by Bailey Bryant. Published June 1, 2020.

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