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News Stories (122 Results) - Bankruptcy

Total commercial chapter 11 filings in July 2021 decreased 62 percent from the previous year, according to data provided by Epiq. Commercial chapter 11 filings totaled 244 in July 2021, down from the July 2020 total of 644. Total commercial filings... Read Story

August 06, 2021, 08:00 AM

Epiq released its June 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. New filings in June were flat with 34,248 across all chapters, a 1 percent drop from the May count of 34,767. Non-commercial consumer... Read Story

July 07, 2021, 08:06 AM

The American Bankruptcy Institute (ABI) enhanced its Partner Program with the addition of key professionals who will provide partner firms with strategic, impactful programs and training to develop their professionals, practices and lines of business... Read Story

June 21, 2021, 08:06 AM

On Nov. 25, 2020, the Bankruptcy Court in the Southern District of New York confirmed Dean and DeLuca's Chapter 11 plan. The chain of upscale grocery stores and cafes filed a voluntary petition for relief on March 31, 2020. The Chapter 11 Plan became... Read Story

February 18, 2021, 08:10 AM

A&G Real Estate Partners announced that it is now marketing leases for 163 recently closed Pizza Hut sites in 26 states in connection with its role as real estate advisor for multi-concept franchisee NPC International, Inc., which is restructuring... Read Story

October 05, 2020, 09:10 AM

SAExploration Holdings announced that it and certain of its subsidiaries have entered into a Restructuring Support Agreement (the “RSA”) with holders of 100% of the advances under its credit facility, holders of approximately 82.4% of the advances... Read Story

August 31, 2020, 08:07 AM

Libbey Inc., one of the world's largest glass tableware manufacturers, filed an Amended Plan of Reorganization (the "Plan") and a related Disclosure Statement in the U.S. Bankruptcy Court for the District of Delaware ("the Court"). The Plan outlines... Read Story

August 18, 2020, 09:00 AM

Stein Mart filed for Chapter 11 reorganization and authorized going out of business sales by a joint venture comprising Gordon Brothers, Hilco Merchant Resources, Tiger Capital Group, B. Riley Financial’s Great American Group and SB360 Capital... Read Story

August 14, 2020, 09:00 AM

Rosehill Resources Inc., an independent oil and gas exploration company with assets positioned in the Delaware Basin portion of the Permian Basin, and Rosehill Operating Company, LLC announced that Rosehill has entered into a Restructuring Support... Read Story

July 01, 2020, 08:25 AM

LSC Communications, Inc.and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of title 11 of the United States Code, 11 U.S.C. §§ 101-1532 (the "Bankruptcy Code") in the United States Bankruptcy Court for the Southern... Read Story

April 13, 2020, 09:15 AM

Cosi, Inc., the fast casual restaurant company that was founded in 1998 and which operates in multiple states and abroad through both company and franchised locations, commenced a restructuring of its operations by closing thirty of its stores in... Read Story

February 26, 2020, 09:15 AM

Ritchie Bros., a global leader in asset management and disposition, announced that it has been chosen to sell select trucks and trailers owned by Celadon Group. Celadon, which filed for Chapter 11 bankruptcy protection in December 2019, was one of... Read Story

February 20, 2020, 09:00 AM

The overall trend in bankruptcy filings fits the narrative of boom times in America, according to a new report from BankruptcyData. This years’ corporate bankruptcies, at a year to date total of 9,901, are well below the peak of 2009, when... Read Story

December 31, 2019, 09:00 AM

Grabit Inc., an intelligent automation systems provider to the soft goods manufacturing and warehouse logistics industries, announced that it has reached an agreement with its manufacturing partner and primary senior secured lender, Burke Porter... Read Story

December 20, 2019, 09:00 AM

PG&E Corporation and Pacific Gas and Electric Company (together, “PG&E” announced that they have entered into an amendment to the Restructuring Support Agreement among the company and certain representatives of the wildfire victims in order to... Read Story

December 18, 2019, 08:00 AM

Commercial Chapter 11 filings decreased 32 percent in November 2019 over November of last year, according to data provided by Epiq Systems, Inc. The 450 commercial Chapter 11 filings registered in November 2019 dropped from November 2018’s commercial... Read Story

December 06, 2019, 08:45 AM

Bristow Group Inc. announced that on October 4, 2019, the U.S. Bankruptcy Court for the Southern District of Texas confirmed the Company's Amended Plan of Reorganization (the "Plan") and indicated that it will enter a written order to this effect.... Read Story

October 09, 2019, 08:45 AM

By order of the U.S. Bankruptcy Court, District of Minnesota, Tiger Group, in cooperation with Loeb Winternitz, will conduct an online-only offering for well-maintained trencher/cable plows, hydraulic mini excavators, service trucks and other... Read Story

September 12, 2019, 08:30 AM

Total U.S. bankruptcy filings increased 3 percent in July 2019 from July 2018, according to data provided by Epiq Systems, Inc. Total filings registered 64,283 in July 2019, up from the July 2018 total of 62,241. The 61,025 consumer filings in July... Read Story

August 06, 2019, 09:00 AM

The American Bankruptcy Institute (ABI) announced that Alane A. Becket of Becket & Lee, LLP (Malvern, Pa.) has been selected by the ABI Board of Directors to be President for a one-year term, starting at ABI’s 2019 Annual Spring Meeting. An ABI... Read Story

April 18, 2019, 09:15 AM

ACETO Corporation, an international company engaged in the development, marketing, sale and distribution of Human Health products, Pharmaceutical Ingredients and Performance Chemicals, announced that it has received approval from the U.S. Bankruptcy... Read Story

April 15, 2019, 09:00 AM

The Official Committee of Unsecured Creditors in the Chapter 11 bankruptcy of ICON Eyewear, Inc has retained The DAK Group as its investment bank and financial advisor. ICON Eyewear, a New Jersey-based eyewear distributor, was founded in 1987 as a... Read Story

February 13, 2019, 08:00 AM

iHeartMedia, Inc. announced voting results for the Company’s Fifth Amended Joint Chapter 11 Plan of Reorganization . Voting results indicate that every class of creditors entitled to vote has voted to approve the Plan. More than 90% of the votes cast... Read Story

December 07, 2018, 09:02 AM

George Barry Cauthen has been selected to receive the 2018 Bankruptcy Inn Alliance Distinguished Service Award by the American Inns of Court. The award will be presented in San Antonio, Texas, during the National Conference of Bankruptcy Judges in... Read Story

September 11, 2018, 08:00 AM

Bankruptcy filings fell by 1.8 percent for the 12-month period ending March 31, 2018, compared with the year ending March 31, 2017, according to new data from the Administrative Office of the U.S. Courts. The data continues a national trend of... Read Story

April 27, 2018, 08:01 AM

Restructuring activity during the first quarter of 2018 was driven by large retail, oil and gas, and media bankruptcies with a heavy emphasis on pre-packaged and pre-arranged plans,according to a new report from Debtwire. The report, Restructuring... Read Story

April 23, 2018, 07:00 AM

Nine West Holdings's Friday bankruptcy propelled the trailing 12-month (TTM) institutional loan retail default rate to 8.6% compared to the overall rate of 2.7%, says Fitch Ratings. The filing lifted the TTM total retail term loan volume to $5.9... Read Story

April 10, 2018, 08:00 AM

Archer & Greiner, P.C. announced that it has enhanced its Bankruptcy, Restructuring and Insolvency Litigation Group by adding the New York based, well-respected boutique law firm of DiConza Traurig Kadish LLP to its bench.“This strategic combination... Read Story

February 06, 2018, 08:00 AM

Patriot National, Inc., a provider of technology and outsourcing solutions to the insurance industry, announced that it has taken the first steps towards executing on its previously announced intention to consummate a restructuring through a chapter... Read Story

February 02, 2018, 08:00 AM

Siena Lending Group LLC announced the completion of a $5 million debtor-in-possession financing (DIP Loan) for a not-for-profit organization. The DIP Loan will be used to support the Organization’s working capital during bankruptcy and to facilitate... Read Story

October 03, 2017, 08:00 AM

The DAK Group was selected as the investment bank and financial advisor to the Official Committee of Unsecured Creditors in the Chapter 11 bankruptcy case of Seattle-based retailer Peekay Boutiques, Inc.  Peekay is a public company which operates... Read Story

September 11, 2017, 07:00 AM

Vanity Shop of Grand Forks, Inc., is closing all 137 of its Vanity stores, providing shoppers in 27 states with significant discounts on over $29 million (at MSRP) of women’s and juniors’ apparel and accessories. Tiger Capital Group, which provides... Read Story

March 08, 2017, 07:06 AM

Clear Thinking Group LLC announced that it has been named plan administrator for Joyce Leslie Inc., as part of the Debtor’s confirmed plan of liquidation. The fashion retailer had previously filed a voluntary petition under Chapter 11 of the U.S.... Read Story

March 02, 2017, 07:03 AM

BankruptcyData, provider of the industry's most extensive database of business bankruptcy information, released its Quarterly & Annual Report of Business Bankruptcy Filings, which analyzes trends associated with U.S. Bankruptcy Court activity. Among... Read Story

January 23, 2017, 07:08 AM

Dakota Plains Holdings announced that it and six of its wholly owned subsidiaries filed voluntary Chapter 11 petitions in the United States Bankruptcy Court for the District of Minnesota (the "Bankruptcy Court") on Tuesday, December 20, 2016... Read Story

December 22, 2016, 07:37 AM

By order of the Bankruptcy Trustee of ITT Educational Services, Tiger Capital Group is conducting three online auctions next month for furniture, fixtures and equipment from the nationwide career college. The assets have an estimated acquisition... Read Story

November 29, 2016, 07:17 AM

The ResCap Liquidating Trust (the "Trust") announced the appointment of John J. Ray III, senior managing director at Greylock Partners, LLC, as Liquidating Trust Manager. Ray has been serving as the Trust's Chief Legal Counsel over the past year and... Read Story

November 21, 2016, 07:16 AM

Encina Business Credit, LLC (EBC) announced it has provided a $30 million debtor-in-possession (DIP) facility to American Apparel (USA) LLC, a vertically-integrated manufacturer, distributor and retailer of branded fashion basic apparel products. The... Read Story

November 16, 2016, 07:40 AM

By the order of the United States Bankruptcy Court, ScripsAmerica, Inc. (“ScripsAmerica” or “the Company”) has retained Heritage Equity Partners (“HEP”) to assist in the sale of the Company’s 90% interest in P.I.M.D.  International, LLC (PIMD), and... Read Story

November 04, 2016, 07:23 AM

Basic Energy Services, Inc. announced that the Company entered into a restructuring support agreement (the "RSA") on October 23, 2016, with its secured term loan lenders and certain holders of its 7.75% senior notes due 2019 (the "2019 Notes") and... Read Story

October 24, 2016, 07:48 AM

At the direction of the bankruptcy estate, Tiger Capital Group’s Commercial & Industrial Division will conduct an online auction on October 24 for cooking, food preparation, dining, support and other equipment –some as new as 2016 –from 11 restaurant... Read Story

October 19, 2016, 07:32 AM

A&G Realty Partners and Tiger Capital Group have been retained by the Trustee of ITT Educational Services Inc. to manage the sale of the Company’s owned properties and leases, in addition to all furniture, fixtures and equipment from the sites, as... Read Story

October 07, 2016, 07:35 AM

Delivery Agent, Inc., a market leader in turning audiences into customers for the world’s leading global brands via its proprietary platform, announced the company, including its related subsidiary companies (the “Company”), filed voluntary Chapter... Read Story

September 19, 2016, 07:24 AM

By order of the U.S. Bankruptcy Court, Tiger Capital Group’s Commercial & Industrial division will conduct an online auction on September 20 of glass installation equipment, inventory, a vehicle fleet and real property formerly owned by Banner Glass... Read Story

September 09, 2016, 07:12 AM

Atlas Resource Partners, L.P. announced that the Partnership has received court approval of its prepackaged restructuring (the "Prepackaged Plan") under an order dated August 26, 2016. Accordingly, the Partnership is expected to emerge as Titan... Read Story

August 30, 2016, 07:09 AM

Hilco Streambank has been hired, subject to bankruptcy court approval, to assist Draw Another Circle, LLC d/b/a Hastings Entertainment in the sale of its intellectual property assets. The assets include all IP associated with the Hastings®... Read Story

August 18, 2016, 07:39 AM

Sabine Oil & Gas Corporation announced that its Chapter 11 Plan of Reorganization, which was confirmed by the United States Bankruptcy Court for the Southern District of New York on July 27, 2016, has gone effective and the Company has emerged from... Read Story

August 12, 2016, 07:44 AM

Gordon Brothers Canada, ULC and Hilco Global (through its Canadian division, Merchant Retail Solutions)  announced that going-out-of-business sales will begin Saturday, July 30th at all 54 Ben Moss Jewellers Western Canada Ltd. (“Ben Moss”) ... Read Story

August 01, 2016, 07:53 AM

Due to a wind-down of operations, Tiger Capital Group’s Commercial & Industrial division will conduct an online auction on August 2 for the assets of TS3 Technologies Inc., a contract manufacturer that specialized in electromechanical assembly, PCB... Read Story

July 29, 2016, 07:20 AM

Hilco Merchant Resources and Gordon Brothers Group announced they began going-out-of-business sales at all Hastings Entertainment (“Hastings”)  retail locations on Saturday, July 23rd.  The joint venture partners were the successful bidders at the... Read Story

July 25, 2016, 07:56 AM

QRS Inc. and its affiliate Re-Poly, LLC have retained Yellen Partners to conduct a sale of certain excess assets from their St. Louis and Louisville facilities.The sale of equipment includes optical sorting equipment, and shredders. The assets are... Read Story

July 20, 2016, 07:47 AM

By order of Chapter 7 Bankruptcy Trustee Richard Marshack, Tiger Capital Group’s Commercial & Industrial division will conduct an online auction on July 21 for the assets of Ranchito Super Markets, a 20,000-sq-ft.  Latino market that served northern... Read Story

July 15, 2016, 07:29 AM

Hilco Streambank set a deadline of July 19, 2016 to submit offers to acquire the stadium naming rights for Mile High Stadium in Denver, home of the NFL's Super Bowl Champion Denver Broncos.Hilco Streambank had been retained to sell the intellectual... Read Story

July 14, 2016, 07:52 AM

By order dated June 22, 2016, of the United States Bankruptcy Court for the Northern District of Georgia, in Case Number 16-58837, QRS Recycling of Georgia has retained Yellen Partners to sell its inventory, equipment and machinery through an orderly... Read Story

July 13, 2016, 07:41 AM

C&J Energy Services Ltd. (CJES) announced that it has entered into a Restructuring Support Agreement (the "RSA") with certain of its secured lenders representing greater than 50% of the outstanding principal amount under the Company's secured credit... Read Story

July 11, 2016, 07:57 AM

Heritage Equity Partners (HEP), a premier M&A advisor to distressed organizations and special situations,announced it acted as investment banker and exclusive sell-side advisor to Opus Management Group and its related entities (Opus or Company) in... Read Story

July 08, 2016, 08:02 AM

SunEdison, Inc. said today that it has received final Bankruptcy Court approval of debtor-in-possession (DIP) financing in the form of new capital totaling up to $300 million provided by a consortium of first and second lien lenders.These financial... Read Story

June 13, 2016, 12:39 PM

Quantum Fuel Systems Technologies Worldwide, Inc., a global leader in natural gas storage and delivery systems, integration and vehicle system technologies, today announced that that it filed a voluntary petition for relief under Chapter 11 of the... Read Story

March 28, 2016, 07:44 AM

Emerald Oil, Inc. announced that the Company and its subsidiaries filed voluntary Chapter 11 petitions in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"), initiating a process intended to preserve value and... Read Story

March 28, 2016, 07:31 AM

Heritage Equity Partners, a premier M&A advisor to distressed organizations and special situations, announced it acted as investment banker and exclusive sell-side advisor to United Support Solutions, Inc. (United or Company) in the recently... Read Story

March 09, 2016, 07:36 AM

RCS Real Estate Advisors announced it has been retained by Hancock Fabrics, debtor-in-possession, to generate value for the estate through the sale of leases. RCS Real Estate Advisors senior VP Spence J. Mehl made the announcement. "We were retained... Read Story

February 09, 2016, 07:44 AM

Gordon Brothers Group announced that store closing sales for east-coast retailer, Joyce Leslie, began on  Friday, February 5th at all 42 locations. Sales are offering discounts of up to 50% on all dresses, tops, denim, swimwear, handbags, jewelry... Read Story

February 08, 2016, 07:54 AM

Veritas Financial Partners has completed a $3 million debtor-in-possession financing for an equipment rental and services company to support its recapitalization in the face of challenging industry conditions. The facility will be used to repay the... Read Story

January 27, 2016, 07:50 AM

Heritage Equity Partners (HEP), a premier investment banking and M&A advisor to distressed organizations and special situations, announced that the company advised Crescent & Sprague Supply Co., Inc. (C&S) in the successful sale of substantially all... Read Story

January 27, 2016, 07:41 AM

United Support Solutions, Inc. (“USS” or “the Company”), a diversified business, offering a complete range of ISO 9001:2008 certified manufacturing, engineering, and professional support services, has retained Heritage Equity Partners (“HEP”) to... Read Story

January 22, 2016, 07:44 AM

Energy Future Holdings announced that the United States Bankruptcy Court for the District of Delaware has confirmed the company's plan of reorganization. The plan contemplates a tax-free spin of the company's competitive businesses, including... Read Story

December 04, 2015, 07:16 AM

Hilco Streambank has been retained to market and sell the HauteCouture.com domain name. The domain name is an asset of a Chapter 7 bankruptcy estate administered by Jil Mazer Marino, as the Chapter 7 trustee. Hilco Streambank expects to sell the... Read Story

November 18, 2015, 07:31 AM

Financier Worldwide announced that J. Scott Victor of SSG Capital has been recognized as a leading expert in its 2015 Bankruptcy & Restructuring.Scott was showcased as a recommended professional in the US. Financier Worldwide’s Handbook contains... Read Story

November 12, 2015, 08:00 AM

Patriot Coal Corporation announced that its Plan of Reorganization (the "Plan") became effective today, marking the successful completion of the chapter 11 restructuring process. In conjunction with the Plan becoming effective, Patriot has completed... Read Story

October 29, 2015, 07:29 AM

Quirky, Inc. has filed a motion to retain Hilco Streambank as its disposition and sale agent to monetize Quirky's considerable portfolio of intangible assets. The assets include active and pending patent applications, U.S and Foreign registered... Read Story

October 09, 2015, 07:56 AM

Quicksilver Resources Inc. announced the commencement of a marketing and sale process to sell substantially all or a portion of its U.S. and Canadian assets. The U.S. process was initiated with the filing of a motion with the United States Bankruptcy... Read Story

September 18, 2015, 07:58 AM

Hilco Real Estate, LLC announced the date of September 30, 2015 for the auction of the New York Military Academy located in Cornwall-on-Hudson, New York, which is less than six miles from the United States Military Academy at West Point. The New York... Read Story

September 14, 2015, 07:49 AM

Patriot Coal announced that it will file with the Bankruptcy Court an asset purchase agreement with ERP Compliant Fuels, LLC ("ERP"), an affiliate of Virginia Conservation Legacy Fund, Inc. ("VCLF"), which provides for the acquisition of... Read Story

August 18, 2015, 08:01 AM

Chassix Holdings, Inc. announced that the United States Bankruptcy Court for the Southern District of New York has indicated that it will enter an order confirming the company’s restructuring and recapitalization plan following a hearing on Jul. 2... Read Story

July 06, 2015, 07:33 AM

Molycorp, Inc. has executed a restructuring support agreement with creditors that hold over 70% of the aggregate principal amount of the company's 10% senior secured notes.  The agreement provides for a financial restructuring of the Company's $1.7... Read Story

June 25, 2015, 07:17 AM

Lights, cameras, and computer equipment will be available for sale when Tiger Group’s Remarketing Services Division and Reich Brothers conduct an online only sale of assets formerly owned by Brand Affinity Technologies Inc., a bankrupt technology and... Read Story

June 25, 2015, 07:09 AM

NII Holdings, Inc. announced that the United States Bankruptcy Court for the Southern District of New York has entered an order confirming the Plan of Reorganization (the "Plan") relating to the Company and certain of its wholly-owned subsidiaries... Read Story

June 22, 2015, 07:21 AM

Royal Financial, Inc.  announced the signing of a definitive agreement with a New York based asset management firm to sell $29.1 million of distressed assets consisting of $25.5 million in distressed assets currently owned by PNA Bank and $3.6... Read Story

June 22, 2015, 07:09 AM

Polsinelli announced today the official release of the “The Devil’s Dictionary of Bankruptcy Terms,” the electronic version, or app, of the original publication, “The Devil’s Dictionary of Bankruptcy Terms for Commercial Lenders,” now in its 2nd... Read Story

June 16, 2015, 07:18 AM

Heritage Equity Partners (HEP) announced that it acted as investment banker to Mallygirl, LLC in the recently approved sale of the Company to Beauty Visions LLC. The sale was effectuated through a Chapter 11 Section 363 process and was approved by... Read Story

June 12, 2015, 07:53 AM

A vast selection of medical, dental, classroom and office equipment will be available for sale when Tiger Group's Remarketing Services division, in cooperation with Reich Brothers and MRI Auctions, conducts an online auction of assets formerly used... Read Story

June 12, 2015, 07:29 AM

Magnetation LLC.  announced the commencement of solicitations to eligible holders of its 11.000% Senior Secured Notes due 2018 (the "Notes") to purchase by assignment certain loans and commitments outstanding under its Debtor-in-Possession Credit... Read Story

May 13, 2015, 07:53 AM

GT Advanced Technologies Inc. announced the second extension of the solicitation period in connection with its previously announced proposed debtor-in-possession term loan facility (the "DIP Loan Facility"). Following the extension, the solicitation... Read Story

May 01, 2015, 07:27 AM

The Birmingham Buisiness Journal reported Simply Fashion, the Birmingham-based urban fashion retailer, which operates nearly 250 stores in 25 states, said declining sales was one of the primary factors behind the bankruptcy. The company filed... Read Story

April 20, 2015, 07:15 AM

EveryWare Global, Inc. announced that it has reached an agreement with its secured lenders on a comprehensive balance-sheet restructuring that, among other things, will substantially reduce the Company's long-term debt.The prepackaged bankruptcy plan... Read Story

April 06, 2015, 07:23 AM

DJM Real Estate, a division of Gordon Brothers Group, has been retained by RadioShack Corporation to exclusively manage the disposition of seven owned industrial properties. These properties are located in Texas, California, Iowa and North Carolina... Read Story

March 19, 2015, 08:02 AM

Gordon Brothers Group and Hilco Merchant Resources announced they will begin going-out-of-business sales at all Mexx retail locations throughout Canada beginning Friday, December 19th.  The Company filed a Notice of Intention to Make a Proposal under... Read Story

December 22, 2014, 07:46 AM

After 113 years, Alco Stores, a discount retailer focused on serving consumers in smaller communities with limited access to other regional or national retail chains, is closing its doors forever.The U.S. Bankruptcy Court in Dallas approved an order... Read Story

November 24, 2014, 07:24 AM

Kevyn Orr, the Emergency Manager for the City of Detroit ("Detroit" or the "City"), released the following statement following the announcement today that Judge Steven Rhodes of the United States Bankruptcy Court for the Eastern District of Michigan... Read Story

November 10, 2014, 07:42 AM

Hilco Streambank has announced the successful sale of the intellectual property assets and current inventory of Good Books Ltd. All assets were sold to Skyhorse Publishing in the amount of $1.025 million. The closing of this sale took place on... Read Story

October 28, 2014, 07:43 AM

Going-out-of-business sales are now under way in all 50 stores operated by XS Cargo Company, the Canadian deep-discount store chain that had filed for protection against creditors on July 30, 2014.“Unfortunately, efforts to restructure the business... Read Story

September 30, 2014, 07:18 AM

Hilco Industrial announced that it has been awarded the contract to manage the sale of an extensive list of the City of Detroit’s (COD) surplus transportation, rolling stock and public utility maintenance vehicles.  As one of the nation’s leading... Read Story

September 10, 2014, 07:47 AM

Tiger Group’s Remarketing Services Division and GA Global Partners have been appointed by the bankruptcy court  to sell all of the sound equipment from the Todd-Soundelux  bankruptcy, including the contents of the company’s complete and... Read Story

September 04, 2014, 07:14 AM

Reuters reports that Eagle Bulk Shipping filed for bankruptcy on Wednesday and said it reached agreement with its lenders to cut its debt by $975 million. According to the Reuters report, the company said in a statement that creditors who hold more... Read Story

August 07, 2014, 06:28 AM

By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division and PPL Group are auctioning excavators, loaders, tractors, service and pickup trucks, and other warehousing and office assets from the commercial contractor and... Read Story

August 07, 2014, 06:00 AM

By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division, PPL Group and RealestateAuctions.com are auctioning machine tools, rolling stock and support equipment, as well as land and a warehouse/machine shop building from oil... Read Story

August 06, 2014, 06:00 AM

Cassel Salpeter & Co. represented DynaVox Inc., debtor-in-possession, in connection with a Section 363 sale transaction approved by the Delaware Bankruptcy Court to Tobii Technology AB, a Swedish technology company with offices worldwide.  In a... Read Story

June 19, 2014, 07:44 AM

SSG announced that SSG Capital Advisors, LLC ("SSG") acted as the investment banker to Last Mile Inc. d/b/a Sting Communications ("Sting" or the "Company") in the sale of substantially all of its assets to an affiliate of Global Leveraged... Read Story

June 18, 2014, 07:31 AM

By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division, Auction Resolutions LLC and PPL Group LLC will conduct a live webcast auction at 10:30 a.m. (CT) on July 1 for four complete trailer-mounted drilling rigs, rolling... Read Story

June 17, 2014, 03:03 PM

A joint venture of Gordon Brothers Group and Hilco Merchant Resources announced that it will begin closing sales at all Coldwater Creek stores and on the company’s website beginning Thursday, May 8th .  Discounts of 30% to 50% off original prices on... Read Story

May 08, 2014, 07:31 AM

By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division is auctioning late-model audiovisual and computer equipment, office and break room furniture, and other assets from the Los Angeles offices of bankrupt communications... Read Story

April 25, 2014, 07:14 AM

Tiger Group’s Remarketing Services Division is auctioning late-model material handling equipment; contemporary office furnishings; data capture, network, server and telecommunications equipment; complete cafeteria, fitness center and other assets... Read Story

April 03, 2014, 07:34 AM

Xtreme Power, a world-class leader in integrated power management systems and energy storage solutions, announced that it filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court... Read Story

January 27, 2014, 07:00 AM

Hilco Streambank, a unit of Hilco Global, announced that it has been retained to run an asset sale for Aeris Therapeutics, an innovator in non-surgical therapy for emphysema patients. Assets for sale include the company's global portfolio of patents... Read Story

January 24, 2014, 07:26 AM

Huldra Silver Inc. announced that it has obtained a secured debtor-in-possession loan from Waterton Global Value, L.P., the primary secured creditor of the Company, pursuant to a credit agreement dated August 15, 2013. The DIP Loan was authorized by... Read Story

August 19, 2013, 07:19 AM

SSG Capital Advisors acted as the investment banker to Peak Rock Capital in the purchase of the membership interests of Atlas Paper Mills, LLC.  The transaction closed in May, 2013. Located in Miami, FL, Atlas Paper Mills is a leading manufacturer of... Read Story

August 01, 2013, 07:53 AM

Huldra Silver announced its board of directors determined that it was in the best interests of all of its stakeholders to seek creditor protection under the Companies' Creditors Arrangement Act (Canada) ("CCAA"), and has obtained such protection... Read Story

July 29, 2013, 07:24 AM

Jeffrey Wurst, a shareholder of the Uniondale, New York law firm, Ruskin Moscou Faltischek, P.C., and chair of the firm’s Financial Services Banking and Bankruptcy Group, testified before the American Bankruptcy Institute Commission to Study the... Read Story

June 12, 2013, 07:35 AM

SSG Capital Advisors acted as the exclusive investment banker and financial advisor to Journal Register Company (JRC or the Company) in the sale of substantially all of its assets to an affiliate of Alden Global Capital. The sale was effectuated... Read Story

June 05, 2013, 07:36 AM

Saint Vincent’s Catholic Medical Centers of New York (Saint Vincent’s) announced that the U.S. Bankruptcy Court for the Southern District of New York has approved the $260 million sale of Saint Vincent’s Manhattan campus, including the historic... Read Story

June 04, 2013, 07:53 AM

Andrews Kurth announced noted bankruptcy attorney Michelle V. Larson has rejoined the firm as a partner in Dallas. Larson provides clients with more than 16 years of experience representing businesses in commercial bankruptcy and restructuring... Read Story

May 29, 2013, 07:07 AM

Pittsburgh Corning Corporation, a global manufacturer of sustainable, high performance glass products for the building, energy and industrial markets, announced that its Modified Third Amended Plan of Reorganization was confirmed by the U.S.... Read Story

May 28, 2013, 07:08 AM

Mayer Brown announced Joel Moss has joined the firm in New York as a partner in the Restructuring, Bankruptcy & Insolvency practice. Previously, Moss was a director at Barclays in New York, where he handled bankruptcy and restructuring matters in the... Read Story

March 13, 2013, 07:26 AM

Geokinetics announced that it and its domestic subsidiaries have filed voluntary petitions under chapter 11 of title 11 of the United State Code in the United States Bankruptcy Court for the District of Delaware to complete their previously announced... Read Story

March 11, 2013, 07:26 AM

Business Capital announced the U.S. Bankruptcy Court has appointed the firm as the Chapter 11 financial advisor. The client is the franchisee of a leading national and an international hotel chain. This property is located in downtown Memphis... Read Story

January 29, 2013, 03:15 PM

Great American Group has been selected to handle the liquidation of Bakers Footwear Group, Inc., offering discounts for products in 56 of Bakers Footwear Groups’ remaining stores as well as online. “We are offering significant discounts online and... Read Story

January 28, 2013, 07:14 AM

Salus Capital Partners announced it has provided a $13.2 million debtor-in-possession (DIP) facility to Big M, Inc. Operating as Mandee and Annie Sez, Big M, Inc. is a family owned retailer of women’s apparel and accessories. The financing will be... Read Story

January 25, 2013, 07:29 AM

International law firm Dorsey & Whitney LLP announced today that five attorneys have joined its Palo Alto office from the well-known bankruptcy law firm, Murray & Murray. John Murray, Stephen O’Neill, Robert Franklin, Craig Prim and Thomas Hwang... Read Story

January 15, 2013, 05:12 PM

Federal Bankruptcy Judge Robert Drain approved the appointment of privately held Hilco as the agent representing Hostess Brands, Inc. Hilco will sell all real estate, machinery and equipment, and rolling stock assets that remain in the company’s... Read Story

January 09, 2013, 08:10 AM

Norse Energy Corp. ASA announced that its U.S. subsidiary, Norse Energy Corp. USA, has filed a voluntary petition for Chapter 11 Debtor in Possession protection and reorganization under the United States Bankruptcy Code.The purpose of the Chapter 11... Read Story

December 10, 2012, 07:04 AM

Quad/Graphics and Vertis Holdings jointly announced today that the U.S. Bankruptcy Court has approved the companies’ proposed sale agreement, clearing the way for the sale to close. The companies are in the final stages of integration planning and... Read Story

December 07, 2012, 07:17 AM

Hawker Beechcraft, Inc. (Hawker Beechcraft) today announced that the Disclosure Statement filed in connection with the company's Joint Plan of Reorganization (POR) has been approved by the U.S. Bankruptcy Court for the Southern District of New York. ... Read Story

December 06, 2012, 08:10 AM