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

Home Products International, Inc – Seeks Approval for $5mn Private Sale of...

July 7, 2022 – The Debtors filed a motion requesting Court approval of a private $5.0mn sale of their Chicago-based plastics manufacturing assets (the “Acquired Assets”) to i2Poly, Inc. (“Buyer”)...

View Article



Image may be NSFW.
Clik here to view.

TPC Group Inc. – Creditors’ Committee Objects to Term DIP Loan Facility;...

July 10, 2022 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) filed a redacted version of their sealed July 8th objection to the Debtors' proposed debtor-in-possession...

View Article

Image may be NSFW.
Clik here to view.

Flexible Funding, Ltd. Liability Co. – Court Confirms Former Payroll Funding...

June 28, 2022 – The Court hearing the Flexible Funding cases confirmed the Debtors’ Amended Plan of Liquidation, with the confirmation order subsequently issued on July 13th at Docket No. 435. The...

View Article

Image may be NSFW.
Clik here to view.

Celsius Network Limited – With Withdrawals on Hold, Cryptocurrency P2P...

July 13, 2022 (Updated July 14th) – Celsius Network Limited and seven affiliated Debtors (“Celsius” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern...

View Article

Image may be NSFW.
Clik here to view.

LaForta – Gestao e Investimentos – Operators of La Muralla IV Drilling Rig...

July 13, 2022 – The Court hearing the LaForta – Gestao e Investimentos case issued an order authorizing the Debtor to: (i) access a further $9.5mn of new money, debtor-in-possession (“DIP”) financing...

View Article


Image may be NSFW.
Clik here to view.

PWM Property Management LLC – Court Will Grant Motion to Designate S.L. Green...

July 14, 2022 – Judge Mary F. Walrath said at a hearing held Thursday that she will grant the Debtors' motion to enter into a stalking horse agreement under which 245 Park Member LLC (the "Stalking...

View Article

Image may be NSFW.
Clik here to view.

Stimwave Technologies Incorporated – Debtors Get Access to a Further $28mn of...

July 14, 2022 – The Court hearing the Stimwave Technologies cases issued an order authorizing the Debtors to: (i) access a further $28.0mn of new money, debtor-in-possession (“DIP”) financing and (ii)...

View Article

Buyk Corp –Russian Investor-Backed Grocery Delivery Start-Up Seeks First...

July 14, 2022 – The Debtor filed a motion to extend the periods during which it has an exclusive right to file a Chapter 11 Plan, and solicit acceptances thereof, through and including November 14,...

View Article


Voyager Digital Holdings, Inc. – Looking to Boost Customer Morale and...

July 15, 2022 – The Debtors filed a motion requesting an order that would authorize them to: (i) honor customer withdrawals in respect of customer cash held at Metropolitan Commercial Bank ("MC FBO"),...

View Article


Enjoy Technology, Inc. – U.S. Trustee Objects to Bidding Procedures Motion...

July 15, 2022 – The U.S. Trustee assigned to the Debtors’ cases (the “U.S. Trustee”) has objected to proposed bidding procedures [Docket No. 137] arguing that the Debtors' presumptive stalking horse...

View Article

Image may be NSFW.
Clik here to view.

Watsonville Hospital Corporation – Files Revised First Amended Plan of...

July 18, 2022 – In advance of their July 27th Plan confirmation hearing, the Debtors filed a Modified First Amended Plan of Liquidation and a related blackline showing minor changes to the version of...

View Article

Image may be NSFW.
Clik here to view.

WC Braker Portfolio, LLC – For Now, Court Rebuffs Dismissal Effort and “Bad...

July 18, 2022 – The Court hearing the WC Braker Portfolio case denied a motion filed by ATX Braker SR, LLC (“ATX" or “Mortgage Lender”) seeking dismissal of the Debtor’s Chapter 11 case [Docket No....

View Article

Image may be NSFW.
Clik here to view.

ION Geophysical Corporation – Files First Amended Plan and Disclosure...

July 18, 2022 – The Debtors filed a First Amended Chapter 11 Plan (which attaches a blackline showing changes to the version filed on May 10, 2022) and a Disclosure Statement Supplement [Docket Nos....

View Article


Image may be NSFW.
Clik here to view.

All Year Holdings Limited – Files Amended Disclosure Statement; Notes...

July 15, 2022 – The Debtor filed an Amended Disclosure Statement and a related redline showing changes to the version of the Disclosure Statement filed on May 31, 2022 [Docket Nos. 151 and 152,...

View Article

Enjoy Technology, Inc. – Following U.S. Trustee Objection, Creditors’...

July 18, 2022 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) filed a combined objection to the Debtors’ proposed debtor-in-possession ("DIP") financing and bidding...

View Article


GTT Communications, Inc. – Court Allows Second Exclusivity Extensions Period...

July 18, 2022 – The Court hearing the GTT Communications cases has extended (for a second time) the periods during which the Debtors have an exclusive right to file a Plan, and solicit acceptances...

View Article

Voyager Digital Holdings, Inc. – Debtors Assail FTX/Alameda Offer as “Clear...

July 24, 2022 – The Debtors, who filed a bidding procedures motion on July 21st, have responded emphatically to press releases issued by (i) FTX Trading Ltd. ("FTX"), owner and operator of FTX.com and...

View Article


Voyager Digital Holdings, Inc. – Special Committee Looks to Engage Quinn...

July 21, 2022 – The Debtors filed a motion seeking Court authority to engage Quinn Emanuel Urquhart & Sullivan, LLP (“Quinn Emanuel”) as special counsel to the Special Committee of Voyager LLC...

View Article

Enjoy Technology, Inc. – In Advance of Key July 26th Hearing, Files Asset...

July 25, 2022 – The Debtors have filed an execution version of the stalking horse asset purchase agreement (the “APA”) entered into with Asurion, LLC (the “Stalking Horse Bidder,” $110.0mn opening bid)...

View Article

Brazos Electric Power Cooperative, Inc. – Seeks Fourth (Short) Extension of...

July 25, 2022 – The Debtor filed a motion to extend (for a fourth time) the periods during which it has an exclusive right to file a Chapter 11 Plan, and solicit acceptances thereof, through and...

View Article
Browsing all 4593 articles
Browse latest View live




Latest Images