Non-BKY Proceedings

Workout and Foreclosure


February 17, 2015
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Quicksilver Resources Inc. (OTCQB: KWKA) Skips Interest Payment, Retains Advisors

Breaking News Alerts from Chapter11Dockets.com


In a filing with the Securities and Exchange Commission today, Quicksilver Resources Inc. (OTCQB: KWKA) disclosed that it "decided not to make the approximately $13.6 million interest payment due February 17, 2015 on its 9.125% senior notes due 2019."  In the same filing, the company also disclosed that it has "retained Houlihan Lokey Capital, Inc., Deloitte Transactions and Business Analytics LLP, and other advisors to collectively assist with the evaluation of the company’s options to address...

January 6, 2015
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Newland International Properties Corp. - Developer of Panama City's Trump Ocean Club International Hotel & Tower - Misses Principal Payment on Bond Debt

Breaking News Alerts from Chapter11Dockets.com


Newland International Properties Corp., the developer of the $295 million Trump Ocean Club International Hotel & Tower in Panama City, Panama, disclosed that it failed to make a $23,422,154.00 principal payment on its 9.5% bonds due July 2017 when due yesterday.  Newland did, however, make a $9,447,553.85 interest payment on the same bonds yesterday.  In the announcement of the bond payments, Newland also reported that it entered into a November 26, 2014 Cooperation Agreement with registered holders of 66.32%...



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