United Rentals, Inc. announced the company has entered into a definitive agreement to acquire the assets of family-owned Ahern Rentals, Inc. for approximately $2.0 billion in cash. The board of directors of United Rentals unanimously approved the...
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November 14, 2022, 07:50 AM
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Ahern Rentals, Inc. announced the company’s final emergence from Chapter 11 bankruptcy case. Ahern sought Chapter 11 protection on December 22, 2011, after it was unable to extend the maturity of its revolving credit facility. During the case, the...
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June 25, 2013, 07:28 AM
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Ahern Rentals announced its Second Amended Plan of Reorganization, as amended, was confirmed today by the U.S. Bankruptcy Court for the District of Nevada. The plan confirmation paves the way for the Company’s emergence from Chapter 11 bankruptcy...
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June 06, 2013, 07:54 AM
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Law360 reported Ahern Rentals Inc. has asked a Nevada bankruptcy judge to sign off on a $415 million financing package from Jeffries Finance LLC that it plans to use to fund its Chapter 11 exit.According to the report, the equipment rental company...
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May 22, 2013, 07:47 AM
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In the bankruptcy case of Ahern Rentals, a group of junior lenders have now presented their own plan for reorganization of the company’s $379.2 million of debt. The plan calls for the investment group made up of six investment funds to jointly take...
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February 25, 2013, 07:12 AM
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The Las Vegas Review-Journal reported Ahern Rentals Inc. will retain sole control of its Chapter 11 bankruptcy case for another month amid continuing friction with lenders, although a judge indicated on Wednesday that would be the end.According to...
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November 01, 2012, 06:00 AM
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