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

Triad Guaranty Bankruptcy Reorganization Plan Filed

Triad Guaranty filed with the U.S. Bankruptcy Court a Joint Plan of Reorganization for Triad Guaranty and Wolfgang Holdings. According to documents filed with the Court, “On the Effective Date, the...

View Article



Vanguard Natural Resources Bankruptcy Settlement Approved

The U.S. Bankruptcy Court approved Vanguard Natural Resources’ emergency motion to enter into a settlement with Encana Oil & Gas (USA). As previously reported, “Under the Settlement Agreement...

View Article

A.M. Castle Bankruptcy Plan Modified

A.M. Castle & Co. filed with the U.S. Bankruptcy Court a notice of technical modifications to the Company’s Prepackaged Joint Chapter 11 Plan of Reorganization. Documents filed with the Court...

View Article

BankruptcyData’s Analysis Reveals 35% YTD Increase in Retail Bankruptcies

BankruptcyData released its Q2 2017 Business Bankruptcy Filings Report, which indicates that the Retail, Services and Finance/Insurance/Real Estate sectors increased their percentages of overall...

View Article

hhgregg Exclusivity Extension Approved

The U.S. Bankruptcy Court approved hhgregg’s motion to extend by 60 days its exclusive periods to file a Chapter 11 plan and solicit acceptances thereof through and including September 5, 2017 and...

View Article


FTI Consulting Acquisition, Senior Managing Director Announced

FTI Consulting, Inc. announced that it has acquired CDG Group, a restructuring advisory, turnaround management, value enhancement and transaction advisory firm in New York. Terms of the transaction...

View Article

Ignite Restaurant Bankruptcy Objection Filed

Brixmor Property Group filed with the U.S. Bankruptcy Court an objection to the Debtors’ emergency motion for an order authorizing and scheduling an auction at which the Debtors will solicit the...

View Article

SunEdison Bankruptcy Objection Filed

Texas Comptroller of Public Accounts (Comptroller) and Texas Workforce Commissions (TWC) filed with the U.S. Bankruptcy Court an objection to SunEdison’s First Amended Joint Prepackaged Chapter 11...

View Article


Katy Industries Bidder Selected, Auction Cancelled

Katy Industries filed with the U.S. Bankruptcy Court a notice of successful bidder and cancellation of the previously-scheduled auction. The notice states, “Pursuant to the Bid Procedures Order, the...

View Article


PSG Bankruptcy Stipulation Approved

The U.S. Bankruptcy Court approved a stipulation between Performance Sports Group (PSG) and Master Fund, Hazelton Master Fund and Bybrook Capital with respect to Bybrook Capital’s ownership of PSG...

View Article

Bluestem Brands Ratings Lowered

On July 10, 2017, S&P Global Ratings lowered its corporate credit rating on Bluestem Brands, Inc. to CCC+ from B and its first-lien term loan rating to CCC+ from B. According to S&P Global, the...

View Article

Imperial Metals Double Downgrade

Pn July 7, 2017, Moody’s Investors Service downgraded Imperial Metals Corporation’s corporate family rating to Caa2 from Caa1, probability of default rating to Caa2-PD from Caa1-PD and senior unsecured...

View Article

A.M. Castle Bankruptcy RSA Approved

The U.S. Bankruptcy Court approved A.M. Castle & Co.’s motion for entry of an order authorizing the Debtors to assume (a) a restructuring support agreement (RSA) with consenting creditors and (b) a...

View Article


Breitburn Energy Bankruptcy Agreement Filed

Breitburn Energy Partners filed with the U.S. Bankruptcy Court a motion seeking authority to enter into swap agreements, pledge collateral, grant D.I.P. super-priority claims and honor obligations...

View Article

rue21 Disclosure Statement Approved

The U.S. Bankruptcy Court approved rue21’s Disclosure Statement and scheduled an August 29, 2017 hearing to consider the Debtors’ Joint Plan of Reorganization, with objections due by August 21, 2017....

View Article


Vanguard Bankruptcy Settlement Reached

According to a corporate release, Vanguard Natural Resources has reached a settlement with the Company’s ad hoc equity committee. Under the agreement, the equity committee agrees to (i) withdraw any...

View Article

SunEdison R.O. Amendments Proposed

SunEdison filed with the U.S. Bankruptcy Court a motion for entry of an order authorizing and approving certain amendments to the Company’s rights offering procedures. The motion explains, “On July 14,...

View Article


Beaulieu Group Chapter 11 Bankruptcy

Privately-held Beaulieu Group and two of its subsidiaries filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Northern District of Georgia, lead case number 17-41677. The Company,...

View Article

PSG Bankruptcy Stipulation Approved

The U.S. Bankruptcy Court approved a stipulation by and between Performance Sports Group and 9938982 Canada and affiliates regarding the purchase price agreement escrow. As previously reported, “In...

View Article

Tidewater Bankruptcy Plan Confirmed

The U.S. Bankruptcy Court approved Tidewater’s Disclosure Statement and concurrently confirmed the Company’s Joint Prepackaged Chapter 11 Plan of Reorganization. Jeffrey M. Platt, Tidewater’s president...

View Article
Browsing all 4593 articles
Browse latest View live




Latest Images