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

Sears Holdings – Court Issues Final Order Authorizing Junior Secured Term...

December 28, 2018 – The Court hearing the Sears Holdings case issued an order approving on a final basis the Debtors’ authority to enter into a $350mn, multiple draw, junior debtor-in-possession...

View Article



Synergy Pharmaceuticals – Hold Your Stalking Horse: Equity Committee Objects...

December 31, 2018 – The Ad Hoc Committee of Equity Holders (the “Ad Hoc Committee”) has objected [Docket No. 137] to the Debtors’ sale motion [Docket No. 17], arguing that, given the recent success of...

View Article

Synergy Pharmaceuticals – Seeks Approval of KEIP for CEO and CFO, Maximum...

December 31, 2018 – Synergy Pharmaceuticals has filed a motion seeking approval of a key employee incentive plan (the “KEIP”) for the Debtors’ Chief Executive Officer and Chief Financial Officer...

View Article

David’s Bridal – Citing Overwhelming Support of Voting Classes, Requests...

December 28, 2018 – The Debtors filed a Memorandum of Law in support of their request that (i) the Court approve the adequacy of the Debtors’ Disclosure Statement and (ii) confirm the Debtors’ Joint...

View Article

David’s Bridal – Files Chapter 11 Plan and Related Blackline Reflecting...

December 28, 2018 – The Debtors filed a revised Joint Prepackaged Chapter 11 Plan of Reorganization [Docket No. 248] and a related blackline (changed pages only) [Docket No. 249] showing “technical...

View Article


Oak Point Partners, LLC acquires remnant assets of the Brook Mays Music...

November 30, 2010  – Oak Point Partners acquired the remnant assets of the Brook Mays Music Company Bankruptcy Estate in November 2010. On July 11, 2006, Brook Mays Music Company and its related...

View Article

Oak Point Partners, LLC acquires remnant assets of the Office Source, Inc....

August 10, 2018 – Oak Point Partners acquired the remnant assets of the Office Source, Inc. Bankruptcy Estate (Office Source) in August 2018. On November 20, 2009, Office Source filed a voluntary...

View Article

Mission Coal Company – Files Chapter 11 Plan and Disclosure Statement,...

January 2, 2019 – The Debtors filed a Chapter 11 Plan [Docket No. 522] and a related Disclosure Statement [Docket No. 523]. The Debtors also asked the Court to sign off on the adequacy of their...

View Article


Commonwealth of Puerto Rico – Union Objects to COFINA Plan as Economically...

January 2, 2019 – Union PROSOL-UTIER objected [Docket No. 4592] to the Second Amended Title III Plan of Adjustment for Puerto Rico Sales Tax Financing Corporation (the “COFINA Plan”).   The objection...

View Article


Taco Bueno Restaurants – Court Declares Plan Effective, Purchaser Sun...

January 2, 2019 – The Debtors filed a Court notice announcing that their Joint Prepackaged Chapter 11 Plan of Reorganization had gone effective on December 31, 2018 [Docket No. 264]. The Court had...

View Article

Tops Holding II – File Effectiveness Notice, Emerges from Chapter 11

November 19, 2018 – The Debtors filed a notice with the Court hearing the Tops Holding II case that their Second Amended Joint Chapter 11 Plan of Reorganization (With Technical Modifications) went...

View Article

iHeartMedia – November M.O.R. Reports Operating Income of $107.1mn and...

December 31, 2018 – iHeartMedia filed with the U.S. Bankruptcy Court a monthly operating report for November 2018 [Docket No. 2276]. For the month, the Company reported operating income of $107.1mn and...

View Article

FULLBEAUTY Brands Inks Restructuring Deal Ahead of Chapter 11 Filing

On January 3, 2019, FULLBEAUTY Brands Inc. announced that it has entered into a comprehensive Restructuring Support Agreement with key stakeholders, including its equity sponsors, Apax Partners and...

View Article


Sears Holdings – Court Denies Omega Motion to Block $82.5mn Sale of MTNs to...

January 3, 2019 – The Court hearing the Sears Holdings case issued an order rejecting the request of bidder and creditor Omega Advisors Inc. (“Omega”) to overturn the sale and lockup of $650mn in...

View Article

Welded Construction – Court Approves Sunoco Pipeline Construction Settlement...

January 3, 2019 – The Court hearing the Welded Construction case issued an order approving the Debtors’ settlement with Sunoco in respect of a construction services agreement (“The Master Construction...

View Article


PetroQuest Energy – Files Third Amended Disclosure Statement, Includes...

January 3, 2019 – The Debtors filed a Third Amended Disclosure Statement [Docket No. 332] and a related redline showing changes from the version filed on December 20, 2018 [Docket No. 294]. The redline...

View Article

Government shutdown hits Promise Healthcare case, wider bankruptcy business

January 4, 2019 – The partial US government shutdown is hitting bankruptcy proceedings in the country as the Department of Justice filed a motion on January 2 for a stay of the Chapter 11 proceedings...

View Article


Plus-Size Retailer FULLBEAUTY Announces Comprehensively Supported...

January 3, 2019 – Plus-size clothing retailer FULLBEAUTY Brands (“FULLBEAUTY” or the “Company”) announced that it had agreed a comprehensive restructuring support agreement (the “RSA”) with key...

View Article

Dixie Electric – Court Approves Plan and Disclosure Statement, Reorganized...

December 13, 2018 – The Court hearing the Dixie Electric case approved the Debtors’ Joint Pre-packaged Plan of Reorganization [Docket No. 127] and the adequacy of the related Disclosure Statement...

View Article

Oak Point Partners, LLC acquires remnant assets of the Acclaim Entertainment,...

March 31, 2011  – Oak Point Partners acquired the remnant assets of the Acclaim Entertainment, Inc. Bankruptcy Estate in March 2011. On September 1, 2004, Acclaim Entertainment, Inc. and its related...

View Article
Browsing all 4593 articles
Browse latest View live




Latest Images