Case Background

On June 7, 2016, Seventy Seven Finance Inc. and ten affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.  The cases are pending before the Honorable Laurie Selber Silverstein, and the Debtors have requested that their cases be jointly administered under Case No. 16-11409.

Important Information & Dates

Useful Links and Information

Debtors' Restructuring Website

June 7, 2016 Press Release

Hearing on First Day Motions

A hearing on the Debtors' First Day Motions was held on June 8, 2016 at 4:00 p.m. (ET) before the Honorable Laurie Selber Silverstein, United States Bankruptcy Judge, at the United States Bankruptcy Court for the District of Delaware located at 824 North Market Street, 6th Floor, Courtroom No. 2.

A hearing on the Debtors' Motion Authorization to Obtain Postpetition Financing, the Debtors' Motion to Assume the Restrusturing Support Agreement and the Debtors' Motion Authorizing Assumption of the Exit Financing Commitment Letter was held on June 28, 2016 at 2:00 p.m. (ET).  A final hearing on certain other of the First Day Motions was held on July 13, 2016.

Please click below to view and download the Debtors' First Day Motions and Orders:

First Day Motions

First Day Orders 

Hearing on Adequacy of the Disclosure Statement and Confirmation of the Plan

The Combined Hearing to consider, among other things, the adequacy of the Disclosure Statement and confirmation of the Plan, was held on July 13, 2016.

Please click below to view and download the Debtors' proposed Plan and proposed Disclosure Statement for the Plan: 

Plan and Disclosure Statement 

The Plan was confirmed on July 14, 2016, and became effective on August 1, 2016.