Quantcast
Channel: Daily Bankrupt Company Updates | Bankrupt Company News
Browsing all 4593 articles
Browse latest View live

EXCO Resources – August M.O.R. Reports $32.7 million in Total Revenues,...

September 20, 2018 – EXCO Resources filed with the U.S. Bankruptcy Court a monthly operating report for August 2018 [Docket No. 1075]. For the month, the Debtors reported net income of $2.1 million and...

View Article



Samuels Jewelers – U.S. Trustee Objects to KERP and KEIP Motion, Citing...

September 25, 2018 – The U.S. Trustee in the Samuels Jewelers case filed an objection [Docket No. 278] to the Debtors’ motion for entry of an order authorizing the Debtors’ proposed key employee...

View Article

RMH Franchise Holdings – Court Rules Against Applebee’s, Debtors Franchise...

September 25, 2018 – The Court hearing the RMH Franchise Holdings case, sided with the Debtors in a dispute with Applebee’s over whether Applebee’s had terminated the Debtors’ franchise agreements...

View Article

Hooper Holmes – Summit Health APA Notes $27 million Cash Consideration for...

September 25, 2018 – The Debtors filed with the Court an executed copy of their Amended and Restated Asset Purchase Agreement dated as of September 25, 2018 (the “Stalking Horse APA”)  between the...

View Article

Toys “R” Us – U.S. Trustee Renews Objection to Third Party Release and...

September 25, 2018 – The U.S. Trustee filed a pair of substantially identical objections to (i) the Second Amended Chapter 11 Plans of Taj Debtors and the Tru Inc Debtors [Docket No. 4935] and (ii) the...

View Article


Pacific Drilling – Court Approves Equity Commitment Agreement with Quantum...

September 25, 2018 – The Court hearing the Pacific Drilling case approves the Debtors’ Equity Commitment Agreement with Quantum Pacific (Gibraltar) Limited [Docket No. 616]. As previously reported...

View Article

The NORDAM Group – Court Approves Global Resolution with Gulfstream Aerospace...

September 26, 2018 – The Court hearing the NORDAM Group case (i) approved the Debtors’ settlement and global resolution with Gulfstream Aerospace Corporation (“GAC”) that resolves a longstanding...

View Article

J & M Sales – Seeks Approval for Critical Vendor Bailment Program, Only...

September 25, 2018 – J & M Sales requested Court approval for (i) a proposed critical vendor bailment program with respect to $15,000,000 of new critical vendor deliveries and (ii) entry into...

View Article


Heritage Home Group – Court Approves Sale of Luxury Brands Business to...

September 26, 2018 – The Court hearing the Heritage Home Group case approved the sale of the Debtors’ Luxury Brands Business assets, including the Debtors’ Hickory Chair, Maitland-Smith and Pearson...

View Article


Agrokor d.d. – Files Chapter 15 Petition, Receives U.S. Court Approval of...

September 21, 2018 – On July 12, 2018, Agrokor d.d. (“Agrokor”) and eight affiliated Debtors filed for Chapter 15 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead...

View Article

Pacific Drilling – Court Approves $350 million Rights Offering and Related...

September 26, 2018 – The Court hearing the Pacific Drilling case authorized the Debtors’ motion to conduct a $350 million rights offering in connection with the Debtors’ Chapter 11 Plan of...

View Article

Orianna Health Systems – Court Rules on Omega Entities Right to Credit Bid...

September 26, 2018 – The Court hearing the Orianna Health Systems case issued an order partially granting and partially denying the motion of creditor OHI Asset RO requesting authority to credit bid up...

View Article

FirstEnergy Solutions – Court approves Comprehensive Settlement Agreement

September 26, 2018 – The Court hearing the FirstEnergy Solutions case approved [Docket No. 1465] the settlement agreement (the “Settlement Agreement”), dated August 26, 2018, by and between (i)...

View Article


Orianna Health Systems – Creditor OHI Asset RO Objects to Retentions of...

September 27, 2018 –  Creditor OHI Asset RO filed with the Court an objection to the fifth monthly application of Pepper Hamilton; CohnReznick LLP; and Norton Rose Fulbright US (collectively, the...

View Article

J & M Sales – Court Approves Critical Vendor Bailment Program that Debtors...

September 27, 2018 – The Court hearing the J & M Sales case approved (i) a proposed critical vendor bailment program with respect to $15,000,000 of new critical vendor deliveries and (ii) entry...

View Article


Tops Holding II – Files Amended Plan and Disclosure Statement

September 26, 2018 – Tops Holding II filed a Chapter 11 Plan of Reorganization [Docket No. 637] and related Disclosure Statement [Docket No. 638]. According to the Disclosure Statement, “The Plan...

View Article

Gibson Brands – “CBP” &“IRS” Objects to Plan, Citing Failure in Paying Tax &...

September 28, 2018 – The U.S. Department of Homeland Security, the U.S. Customs and Border Protection (“CBP”) and the U.S. Internal Revenue Service (“IRS”), filed an objection [Docket No. 835] to the...

View Article


Brookstone – Declares Joint Bid by Bluestar and Apex Digital Winning Bid for...

September 30, 2018 – Brookstone filed with the Court a notice of successful bid and next-highest bid for the Debtors’ equity interests in certain non-Debtor joint venture subsidiaries, IP assets,...

View Article

RM Holdco – Court Approves Sale to Z Capital Group for $46.75 million

September 28, 2018 – The Court hearing the RM Holdco case approved the sale of substantially all of the Debtors’ assets to FM Restaurants (PT) LLC, an affiliate of Z Capital Group [Docket No. 288]. As...

View Article

Claire’s Stores – August M.O.R. Reports Operating Income of $10.7 million,...

September 28, 2018 – Claire’s Stores filed with the U.S. Bankruptcy Court a monthly operating report for the period of August 5, 2018 through September 1, 2018 [Docket No. 1058]. For the period, the...

View Article
Browsing all 4593 articles
Browse latest View live




Latest Images