The Pill Club Pharmacy Holdings, LLC – Court Approves Bidding Procedures and...
May 19, 2023 – The Court hearing the Pill Club Pharmacy Holdings cases issued an order: (i) approving bidding procedures in relation to the sale of certain of the Debtors’ assets (namely customer...
View ArticleParadox Resources, LLC – Privately Held, Houston-Based Midstream with Focus...
[Just filed. Developing story.] May 22, 2023 – Privately held Paradox Resources, LLC and six affiliated debtors (together “Paradox” or the “Debtors”) filed for Chapter 11 protection with the U.S....
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Benefytt Technologies Inc. – Operators of Health Insurance Marketplaces...
[Just filed. Developing story.] May 23, 2023 – Benefytt Technologies Inc. and 17 affiliated debtors (together “Benefytt” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court...
View ArticleAthersys, Inc – Biotech Pinning Hopes on Stem Cell Therapy Product Buys Time...
Athersys, Inc (NASDAQ: ATHX) announced (with 8-K here) it has reached an agreement with a supplier critical to "the scale-up and manufacturing of clinical and commercial grade MultiStem® using...
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Nielsen & Bainbridge, LLC – With Going Concern Sale Hopes for Entire Business...
May 22, 2023 – The Court hearing the Nielsen & Bainbridge cases issued an order authorizing the Debtors to amend their existing debtor-in-possession (“DIP”) financing arrangements to increase new...
View ArticleQualTek Services Inc. – Leading Infrastructure Services Provider, Controlled...
[Just filed. Developing Story.] May 24, 2023 – QualTek Services Inc. and 17 affiliated debtors (NASDAQ: QTEK; together “QualTek*” or the “Debtors”) filed for Chapter 11 protection with the U.S....
View ArticlePlastiq Inc. – Provider of Payment Solutions to Small and Medium Businesses...
May 24, 2023 – Plastiq Inc. and two affiliated debtors (together “Plastiq” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case No....
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Bighorn Restaurants, LLC – Court Approves Bidding Procedures for Asset Sale...
May 23, 2023 – The Court hearing the Bighorn Restaurant cases issued an order: (i) approving bidding procedures in relation to the sale of the substantially all of the Debtors’ assets, (ii) authorizing...
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Diebold Holding Company, LLC – Global Leader in ATM Manufacturing Facing...
May 31, 2023 – Diebold Holding Company, LLC and nine affiliated debtors (NYSE: DBD; together, “Diebold Nixdorf” or the “Debtors”) filed for Chapter 11 protection (on a "prepackaged" basis, with...
View ArticleGenesis Care Pty Ltd – Global Oncology-Focused Healthcare Business, Majority...
[Just filed. Developing story.] June 1, 2023 – Genesis Care Pty Ltd and 53 affiliated debtors (together “Genesis Care*” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court...
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AmeriMark Interactive, LLC – Debtors Announce Results of May 31st Auction,...
June 1, 2023 – Further to a May 2nd bidding procedures order and an auction held on May 31st, the Debtors notified the Court that they had selected a pair of successful bidders in respect of two asset...
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Diebold Nixdorf, Incorporated – After Winning Over Judge David R. Jones,...
June 2, 2023 – The Court hearing the Diebold Holding Company cases issued an order authorizing the Debtors to (i) access $517.0mn of new money debtor-in-possession ("DIP") financing and (ii) use cash...
View ArticleThe Norwich Roman Catholic Diocesan Corporation – Designates Entity...
June 2, 2023 – Further to a May 8th bidding procedures order [Docket No. 1307] and an auction held on June 2nd, the Debtor notified the Court that MTIC Acquisitions, LLC (the “Successful Bidder,”...
View ArticleThe Roman Catholic Bishop of Santa Rosa – Debtor, Highlighting “Benefits” of...
June 2, 2023 – The Debtor filed a motion to extend the periods (for a first time) during which it has an exclusive right to file a Plan and solicit acceptances thereof, through and including January 5,...
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Virgin Orbit Holdings Inc. – Files First Amended Plan and Disclosure...
June 6, 2023 – In advance of a June 8th Disclosure Statement hearing, the Debtors filed a First Amended Plan of Reorganization and a related Disclosure Statement [Docket No. 410], with the filing also...
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AeroFarms, Inc. – Garden State Global Vertical Farming Leader Files for...
June 8, 2023 – AeroFarms, Inc. and 14 affiliated debtors (together “AeroFarms” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case...
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Lucky Bucks LLC – Leading Georgia Slot Machine Operator Controlled by Trive...
June 9, 2023 – Privately held Lucky Bucks LLC and two affiliated debtors (together “Lucky Bucks” or the “Debtors*”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of...
View ArticleThe Pill Club Pharmacy Holdings, LLC – Court Approves $35.4mn Sale of...
June 6, 2023 – The Court hearing the Pill Club Pharmacy Holdings case issued an order approving the sale of certain of the Debtors’ assets (namely customer lists and IP) to stalking horse Pepper Park...
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Center for Autism and Related Disorders, LLC – Autism Treatment Provider...
June 11, 2023 – Center for Autism and Related Disorders, LLC and four affiliated debtors (together “CARD” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the...
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Bed Bath & Beyond Inc. – Designates Overstock.com, Inc. as Stalking Horse...
June 13, 2023 – Further to an April 25th bidding procedures order [Docket No. 92], and in advance of an oft-extended June 12th deadline, the Debtors notified the Court that they had selected...
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