Erickson Incorporated, a leading global provider of aviation services, announced the United States Bankruptcy Court for the Northern District of Texas has approved key first day motions related to its voluntary Chapter 11 restructuring. The motions...
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November 11, 2016, 07:04 AM
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Erickson Incorporated, a leading global provider of aviation services, announced today that it and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy...
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November 10, 2016, 07:48 AM
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Cosi, Inc., the fast-casual restaurant company, today announced that it and its subsidiaries filed voluntary Chapter 11 petitions in the United States Bankruptcy Court for the District of Massachusetts, initiating a process intended to preserve value...
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September 29, 2016, 07:23 AM
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Golfsmith International Holdings LP (together with its subsidiaries, the "Company") announced the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") granted various forms of relief requested with respect to the...
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September 16, 2016, 07:40 AM
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Vertellus Specialties Inc., a global manufacturer of fine and specialty chemicals, announced that the U.S. Bankruptcy Court has approved the anticipated sale of substantially all of Vertellus Specialties Inc.'s assets to the company's existing term...
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September 09, 2016, 07:07 AM
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Kenneth Yormark has joined Grant Thornton LLP as a managing director in the firm’s Forensic and Valuation Services (FVS) practice. Yormark will support Grant Thornton’s fraud investigation and dispute services in New York and New England."Ken brings...
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June 15, 2016, 07:58 AM
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Fairway Group Holdings Corp., the parent company of Fairway Market, the iconic New York food retailer, announced that the Plan of Reorganization (the "Plan") was unanimously accepted by 100% of voting secured lenders and confirmed by Bankruptcy Judge...
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June 09, 2016, 07:46 AM
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Caesars Entertainment Corporation announced that its Board has appointed the Honorable Robert E. Gerber as Chief Restructuring Officer. The appointment came at the recommendation of Caesars Entertainment's independent director committee, the...
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May 09, 2016, 08:10 AM
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SunEdison, Inc. announced that the U.S. Bankruptcy Court for the Southern District of New York has granted the relief requested by the Company in key first day motions related to ordinary course business activities. This includes the continuation of...
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April 25, 2016, 07:39 AM
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Taking a major step to strengthen liquidity and reduce debt amid an unprecedented industry downturn, Peabody Energy Corporation voluntarily filed petitions under Chapter 11 for the majority of its U.S. entities in the United States Bankruptcy Court...
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April 13, 2016, 08:02 AM
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Molycorp, Inc., a global producer of advanced rare earth and rare metal based engineered materials used in many electronic, transportation, industrial and clean energy applications, announced that its Fourth Joint Amended Plan of Reorganization...
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April 04, 2016, 07:36 AM
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Peregrine Midstream Partners LLC and its affiliates Peregrine Rocky Mountains LLC, Ryckman Creek Resources Holding Company LLC, and Ryckman Creek Resources, LLC announced it received final bankruptcy court approval on a $35 million debtor in...
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March 28, 2016, 07:35 AM
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Republic Airways Holdings Inc. has reached agreement with Delta Air Lines, Inc. to holistically restructure the parties’ codeshare relationship. The motion filed today in the United States Bankruptcy Court for the Southern District of New York is a...
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March 25, 2016, 07:46 AM
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Verso Corporation announced that it has received final approval from the U.S. Bankruptcy Court in the District of Delaware for a variety of first day motions related to its voluntary restructuring under Chapter 11 of the U.S. Bankruptcy Code. These...
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March 03, 2016, 08:08 AM
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Quiksilver, Inc. announced that its Plan of Reorganization (the “Plan”) has been confirmed by the United States Bankruptcy Court for the District of Delaware, with significant support from the Company’s major stakeholders, including the official...
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January 29, 2016, 07:14 AM
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Verso Corporation has finalized a restructuring support agreement (RSA) with creditors holding at least a majority in principal amount of substantially all tranches of funded debt of Verso and its subsidiaries in connection with Verso's filing for...
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January 28, 2016, 07:48 AM
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Patriot Coal Corporation, a producer and marketer of coal in the eastern United States, announced that the Bankruptcy Court has said it will enter an order confirming Patriot's Plan of Reorganization. In doing so, the Court approved the transactions...
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October 09, 2015, 07:41 AM
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Quiksilver, Inc. announced that it commenced voluntary proceedings for relief under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) for its U.S. subsidiaries....
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September 10, 2015, 07:31 AM
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Hercules Offshore, Inc. has filed a pre-packaged plan of reorganization under Chapter 11 of the U.S. Bankruptcy Code to continue its financial restructuring of the company. The company anticipates that, among other things, it will receive court...
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August 14, 2015, 07:25 AM
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Relativity Media LLC ("Relativity") today announced that the U.S. Bankruptcy Court for the Southern District of New York (the "Court") has entered orders approving the Company's First Day Motions to allow Relativity to maintain its business...
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August 03, 2015, 07:06 AM
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Chassix Holdings, Inc. and its U.S. subsidiaries has successfully completed its prearranged restructuring and recapitalization and emerged from Chapter 11 bankruptcy protection. Through its prearranged Chapter 11 plan, Chassix substantially reduced...
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July 30, 2015, 07:49 AM
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The Great Atlantic & Pacific Tea Company, Inc. (A&P) announced that the United States Bankruptcy Court for the Southern District of New York has approved the company’s First Day Motions. Collectively, the orders granted by the Court will help ensure...
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July 21, 2015, 07:53 AM
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Chassix Holdings, Inc. announced that the company and its U.S. subsidiaries have received approval from the United States Bankruptcy Court for the Southern District of New York (the “Court”) of the Disclosure Statement (the “Disclosure Statement”)...
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April 24, 2015, 07:14 AM
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Exide Technologies announced that Judge Kevin J. Carey of the U.S. Bankruptcy Court for the District of Delaware entered an order confirming the Exide Plan of Reorganization (the "Plan").The Plan had overwhelming creditor support. The Plan will...
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March 30, 2015, 07:29 AM
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Salus Capital Partners, LLC announced it has provided a $20 million debtor-in-possession (DIP) facility to dELiA*s, Inc. dELiA*s, Inc. is an omni-channel retail company primarily marketing to teenage girls. The financing will be used by the company...
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December 10, 2014, 07:48 AM
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Reuters reports that according to court documents, the Deb Shops retail chain filed its second bankruptcy in less than four years on Dec. 4 and said it may conduct a going-out-of-business sale at its 295 stores that specialize in teen and young women...
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December 05, 2014, 08:06 AM
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Exide Technologies entered into a plan support agreement ("PSA") with holders of a majority of the principal amount of Exide's senior secured notes. The PSA includes a detailed term sheet which describes a plan of reorganization. Pursuant to the PSA...
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November 05, 2014, 07:36 AM
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Lemonis Fischer Acquisition Company, LLC, a joint venture owned by Marcus Lemonis LLC and Fischer Enterprises, L.L.C., announced it completed the acquisition of the assets of New York-based cupcake company Crumbs Bake Shop.Marcus Lemonis, host of...
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September 02, 2014, 08:01 AM
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Momentive Performance Materials Inc., a global leader in the development and manufacture of silicones and products derived from quartz and specialty ceramics, announced that the U.S. Bankruptcy Court for the Southern District of New York indicated at...
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August 28, 2014, 07:13 AM
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Exide Technologies announced that, on July 22, 2014 and July 25, 2014, Exide's DIP lenders approved two amendments to the company's debtor-in-possession financing facilities (the "DIP Facilities"). The sixth amendment provides the Company with $60...
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July 30, 2014, 08:02 AM
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Kid Brands, Inc. announced that it plans to pursue a sale of substantially all of the assets of the company, or one or more of its subsidiaries, facilitated through the filing of voluntary chapter 11 petitions in the United States Bankruptcy Court...
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June 20, 2014, 07:37 AM
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GA Keen Realty Advisors, the real estate division of Great American Group, has been retained, subject to bankruptcy court approval, by women's clothing retailer Coldwater Creek Inc. to market and auction 363+/- valuable retail leases located...
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May 30, 2014, 07:14 AM
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Cengage Learning, Inc., a leading global educational content, software and services company for the academic, professional and library markets, announced it has received confirmation of its Plan of Reorganization from the Bankruptcy Court for the...
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March 14, 2014, 07:09 AM
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Fisker Automotive, Inc. and Fisker Automotive Holdings, Inc. (collectively, Fisker Automotive) announced that the company has obtained bankruptcy court approval of the sale of substantially all of its assets to Wanxiang America Corporation (Wanxiang)...
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February 19, 2014, 07:18 AM
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Plextronics, Inc. announced it has filed a voluntary petition under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"). Plextronics also filed a motion seeking authorization to pursue...
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January 20, 2014, 08:01 AM
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Furniture Brands International announced that the United States Bankruptcy Court for the District of Delaware has declared an affiliate of KPS Capital Partners, LP ("KPS") as the winning bidder in the auction to acquire substantially all of the...
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November 25, 2013, 08:04 AM
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Patriot Coal Corporation announced that the Bankruptcy Court for the Eastern District of Missouri has confirmed that thecompany's Disclosure Statement contains the information necessary to enable creditors to vote on the company's Plan of...
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November 07, 2013, 07:15 AM
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Savient Pharmaceuticals, Inc. has elected to file voluntary petitions under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware (the "Court").
Savient also filed a motion seeking authorization to pursue a sale...
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October 15, 2013, 08:03 AM
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The Turnaround Management Association (TMA) announced the election of Hon. Kevin J. Carey, U.S. Bankruptcy Court, District of Delaware, as the 2014 TMA President at The TMA Annual on October 3 at the Marriott Wardman Park in Washington, D.C. His term...
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October 11, 2013, 07:48 AM
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