Colt Defense LLC announced it has completed its financial restructuring and emerged from its Chapter 11 process. The Company concluded its restructuring after completing all required actions and satisfying all remaining closing conditions to its...
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January 14, 2016, 07:23 AM
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Colt Defense LLC announced that the United States Bankruptcy Court for the District of Delaware (the “Court”) has confirmed the Company's Second Amended Joint Plan of Reorganization (“the Plan”). The Plan received full support from all of the...
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December 17, 2015, 07:20 AM
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Colt Defense LLC announced the approval of the Disclosure Statement for its Second Amended Plan of Reorganization (“the Plan”) by the U.S. Bankruptcy Court for the District of Delaware. The completion of this important milestone in Colt’s Chapter 11...
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November 12, 2015, 07:10 AM
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Colt Defense LLC has taken a significant step toward completion of its restructuring and exit from chapter 11 by filing a plan of reorganization (the “Plan”) and a disclosure statement with the U.S. Bankruptcy Court for the District of Delaware (the...
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October 12, 2015, 07:46 AM
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Reuters reported gun maker Colt Defense and its creditors are close to a deal on a plan to bring the company out of bankruptcy, but if it fails, the business will go on the auction block next month, a company lawyer told a judge on Thursday.According...
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September 04, 2015, 07:38 AM
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Colt Defense has entered into a consensual agreement under which Colt’s secured lenders will provide $20 million in debtor in possession credit facilities to allow for ordinary course business operations during the Chapter 11 process.Consistent with...
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June 25, 2015, 07:05 AM
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Colt Defense LLC announced in voluntary Chapter 11 materials filed in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) a process that will allow for an accelerated sale of Colt’s business operations in the US...
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June 15, 2015, 07:46 AM
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