The coming week in bankruptcy: October 18, 2021

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Here is a look at some upcoming events of interest to the bankruptcy law community. Unless otherwise specified, all times are local and court appearances are virtual due to the COVID-19 pandemic.

Monday, October 18

12:00 p.m. – Texas power operator the Electric Reliability Council of Texas will ask a judge to dismiss a lawsuit brought by Brazos Electric Power Cooperative that seeks to clear a $ 2 billion bill resulting from the winter storm in February that cut electricity to millions of people. The case is In re Brazos Electric Power Cooperative Inc, US Bankruptcy Court, Southern District of Texas, No. 21-30725. For Brazos: Louis Strubeck of O’Melveny & Myers. For ERCOT: Kevin Lippman of Munsch Hardt Kopf & Harr.

Tuesday October 19

1:30 p.m. – USA Gymnastics will hold a hearing on its request to begin soliciting creditors’ votes on its proposed reorganization plan. The organization has offered a $ 425 million settlement to athletes who suffered sexual abuse at the hands of former team doctor Larry Nassar. The case is In re USA Gymnastics, United States Bankruptcy Court, Southern District of Indiana, No. 18-09108. For USA Gymnastics: Catherine Steege of Jenner & Block.

Thursday October 21

9 a.m. – Grupo Aeromexico will seek approval to begin soliciting votes for its proposed reorganization plan, which it says will reduce its debt by $ 1 billion. The case is In re Grupo Aeromexico SAB de CV, US Bankruptcy Court, Southern District of New York, No. 20-11563. For Debtors: Marshall Huebner of Davis Polk & Wardwell.

Do you know of an event that could be included in Week Ahead in Bankruptcy? Contact Maria Chutchian at [email protected]



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