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News Stories (83 Results) - Bankruptcy

The American Bankruptcy Institute (ABI) applauded President Joe Biden for signing into law yesterday the amended S.3823, the “Bankruptcy Threshold Adjustment and Technical Corrections Act.” The bill was introduced by Sen. Charles Grassley (R-Iowa) to... view press release
June 24, 2022, 07:00 AM

The American Bankruptcy Institute (ABI) applauds the House of Representatives passage (392-21) of the amended S.3823, the “Bankruptcy Threshold Adjustment and Technical Corrections Act.” The Senate on April 7 had passed the legislation introduced by... view press release
June 09, 2022, 07:00 AM

Womble Bond Dickinson announced that Donald J. Detweiler has joined the firm’s Bankruptcy, Restructuring, and Creditors’ Rights practice as a partner in the Wilmington, DE, office. He was formerly a partner at Troutman Pepper. Detweiler has more than... view press release
May 17, 2022, 07:00 AM

A&G Real Estate Partners is now accepting bids for its June 14 bankruptcy auction of more than 50 properties in and around Manhattan, Kansas. The assets include several development sites and multi-unit buildings in a federal Opportunity Zone adjacent... view press release
May 06, 2022, 07:00 AM

LATAM Airlines Group S.A. and its affiliates in Brazil, Chile, Colombia, Ecuador, Peru, and the United States today announced the filing of a Plan of Reorganization (the “Plan”), which reflects the path forward for the group to exit Chapter 11 in... view press release
November 29, 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... view press release
July 07, 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... view press release
February 18, 2021, 08:10 AM

International law firm Dorsey & Whitney LLP announced that real estate and bankruptcy attorney Steven Smith has joined the Firm as a Partner in its Dallas office. Mr. Smith’s real estate practice includes representation of conduit and other lenders... view press release
November 24, 2020, 07:50 AM

Libbey Inc., one of the world's largest glass tableware manufacturers, announced that all "first day" motions related to the Company's voluntary Chapter 11 petitions for reorganization filed on June 1, 2020, have been approved on an interim basis by... view press release
June 03, 2020, 09:10 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... view press release
February 26, 2020, 09:15 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.... view press release
October 09, 2019, 08:45 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... view press release
April 15, 2019, 09:00 AM

Pursuant to a UCC foreclosure process, Tiger Group in cooperation with Barliant Auctions, is now accepting bids for a live online auction on March 5 for more than 200 units of well-maintained — as new as 2016 — rolling stock and farm equipment... view press release
February 26, 2019, 07:00 AM

Citizens Commercial Banking led a $105 million credit facility for New York-based FULLBEAUTY Brands, LLC, an online retailer of plus-sized clothing. Citizens was the lead arranger and bookrunner. The funds were provided to FULLBEAUTY upon its... view press release
February 21, 2019, 08:00 AM

Haynes and Boone released its latest Energy Bankruptcy Reports, which include bankruptcy filings from the beginning of 2015 through the end of 2018. The firm tracks bankruptcy filings in three databases that it updates periodically: the Oil Patch... view press release
January 10, 2019, 09:00 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... view press release
December 07, 2018, 09:02 AM

Lathrop Gage named Robert Haupt as Partner in the firm’s Kansas City, Missouri, office, joining the Bankruptcy, Restructuring and Creditors’ Rights team. Haupt brings an extensive resume of insolvency experience, proficiency in commercial and civil... view press release
November 01, 2018, 07:00 AM

Blank Rome LLP announced that Shadi Enos Jahangir has joined the Firm as a Partner in the Finance, Restructuring, and Bankruptcy group and Financial Services industry team in the Firm’s Los Angeles office. At Blank Rome, Shadi’s practice will focus... view press release
July 03, 2018, 07:00 AM

Rex Energy Corporation, an independent oil and gas exploration and production company, today announced that, following its previously announced strategic review, it has decided to begin an orderly sale process for its remaining assets in order to... view press release
May 21, 2018, 08:00 AM

Latham & Watkins announced that Jeffrey E. Bjork will join the firm's Los Angeles office as a partner in the Restructuring, Insolvency & Workouts Practice within the Finance Department. In his practice, Bjork represents debtors and creditors in all... view press release
February 09, 2018, 07:00 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... view press release
February 06, 2018, 08:00 AM

Michael Best announced that Jonathan L. Gold has joined the firm’s Washington, D.C. office as a partner in the Litigation Practice Group. He will focus his practice on complex financial restructuring matters, as well as creditors’ rights... view press release
September 26, 2017, 08:00 AM

Kobre & Kim, the premier law firm for global disputes and investigations, announced that Daniel Saval has joined its cross-border insolvency litigation practice in New York. Saval represents clients in multijurisdictional insolvency and corporate... view press release
September 15, 2017, 07:00 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... view press release
September 11, 2017, 07:00 AM

Blank Rome LLP announced that Christopher A. Manion has rejoined the Firm’s Philadelphia office as an associate in the Finance, Restructuring, and Bankruptcy group.Manion comes to Blank Rome from Flagship Credit Acceptance LLC, where he served as... view press release
July 20, 2017, 07:00 AM

Hahn & Hessen LLP announced that its bankruptcy and restructuring practice group has been selected to represent the Official Committee of Unsecured Creditors in the Chapter 11 case of The Gymboree Corporation and its subsidiaries.   The selection is... view press release
June 28, 2017, 07:00 AM

Bankruptcy and restructuring law firm Forshey Prostok announced the promotion of three attorneys and the addition of two lawyers to its Dallas/Fort Worth offices.  "This is an important milestone for the firm, and great news for the companies we... view press release
May 22, 2017, 08:00 AM

Camping World Holdings, Inc., the nation’s largest network of RV-centric retail locations and only provider of a comprehensive portfolio of services, protection plans, products and resources for the outdoor enthusiast, announced the planned... view press release
May 03, 2017, 08:00 AM

Global disputes and investigations firm Kobre & Kim has strengthened its multijurisdictional insolvency disputes capabilities with the addition of senior lateral hire Mark Griffiths in London. Griffiths, an English solicitor, brings deep experience... view press release
April 14, 2017, 08:00 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.... view press release
March 02, 2017, 07:03 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... view press release
December 22, 2016, 07:37 AM

Fox Rothschild LLP announced Mark E. Hall has joined the firm’s Roseland office as a partner in the Financial Restructuring & Bankruptcy Department. “We are delighted to welcome Mark to Roseland,” said Deirdre E. Moore, Fox’s Roseland and Morristown... view press release
November 18, 2016, 07:04 AM

David B. Kurzweil, shareholder, co-chair of the Financial Institutions Practice at international law firm Greenberg Traurig, LLP, and chair of the Atlanta Restructuring & Bankruptcy Practice, has been named to the Commercial Finance Association’s... view press release
November 11, 2016, 07:15 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... view press release
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... view press release
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... view press release
September 19, 2016, 07:24 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... view press release
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”) ... view press release
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... view press release
July 29, 2016, 07:20 AM

Cratos Advisors was engaged as CRO of Machine Laboratory, LLC in November 2015 after the company went through a four-year total revenue decline of 28% and the total loss of a 24% EBITDA margin. Machine Laboratory is an ISO-certified engineering and... view press release
July 21, 2016, 07:17 AM

Bridgepoint Consulting, a Texas-based finance, IT and management consulting firm, has named David Chang as Director in the firm's Houston office. Chang will help organizations realign themselves with new strategic plans, crisis management... view press release
July 21, 2016, 07:06 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... view press release
July 20, 2016, 07:47 AM

Tribune Publishing Co. announced that it, through its subsidiary Orange County Media, LLC, was the successful bidder at a public bankruptcy auction to acquire substantially all of the assets of Freedom Communications, Inc. Under the terms of the bid... view press release
March 17, 2016, 07:42 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... view press release
December 04, 2015, 07:16 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... view press release
November 12, 2015, 08:00 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... view press release
September 18, 2015, 07:58 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... view press release
August 18, 2015, 08:01 AM

On August 10, 2015, Thornton & Company, Inc. ("TCI" or "Company"), a leading international distributor, trader and wholesaler of plastic resins, providing a full offering of polyethylene and polypropylene products, based in Southington, Connecticut... view press release
August 11, 2015, 08:05 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... view press release
July 06, 2015, 07:33 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... view press release
June 16, 2015, 07:18 AM

Bankruptcy, distressed debt and corporate renewal professionals will hear three panels discuss Chapter 11 reform, transforming credit risk, and strategies for corporate renewal and restructuring at this year's Credit & Bankruptcy Symposium being held... view press release
April 24, 2015, 02:00 PM

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... view press release
April 20, 2015, 07:15 AM

Burleson LLP announced that Trent Rosenthal, who has practiced bankruptcy law for nearly three decades, has joined the firm as a partner in the Houston location. Additionally, he will oversee Burleson's strategic alliances with other leading firms... view press release
March 26, 2015, 07:08 AM

Tiger Group’s Remarketing Services Division announced it is conducting an online auction of more than 3,000 pairs of one-of-a kind exotic sunglasses and other eyewear from couture designers Sama and others. Individuals looking to unleash their inner... view press release
February 09, 2015, 07:11 AM

Blank Rome announced that Rick Antonoff joined the firm as a partner in the Finance, Restructuring, and Bankruptcy group. Antonoff brings nearly 25 years of bankruptcy law experience to the firm, with added emphasis on cross-border cases and... view press release
November 18, 2014, 07:44 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... view press release
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... view press release
September 30, 2014, 07:18 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... view press release
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... view press release
August 07, 2014, 06:28 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... view press release
June 19, 2014, 07:44 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... view press release
June 17, 2014, 03:03 PM

Richard H. Golubow, a founding member and the managing shareholder of Winthrop Couchot Professional Corporation, a premier bankruptcy law firm located in Newport Beach, California was honored as the recipient of the 2014 Corporate INTL Magazine... view press release
June 06, 2014, 07:08 AM

Fried, Frank, Harris, Shriver & Jacobson LLP announced that Stewart A. Kagan has joined the firm as a partner in the Finance Practice resident in the firm's New York office."In an increasingly dynamic economic and regulatory environment, Stewart is... view press release
June 02, 2014, 07:13 AM

The New Jersey Chapter of the Turnaround Management Association announced that esteemed bankruptcy scholar Dr. Edward I. Altman will speak at the upcoming Expert Exchanges educational event on May 6th at the Newark Club in Newark, NJ. He will present... view press release
April 18, 2014, 07:07 AM

By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division is auctioning portable intensive care systems, diagnostic devices, patents, general medical supplies, as well as office and support equipment, and more from bankrupt... view press release
March 27, 2014, 07:15 AM

Gordon Brothers Group received sale order approval by the Federal Bankruptcy Court in Delaware for Green Field Energy Services, Inc.’s entire portfolio of equipment and inventory assets. Green Field Energy Services, a well service provider... view press release
March 18, 2014, 07:25 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... view press release
January 27, 2014, 07:00 AM

By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division is auctioning digital and offset printing, bookbinding, support and office equipment formerly owned by the bankrupt Copy-Rite Press Inc. of Alhambra, Calif. in an... view press release
November 18, 2013, 07:56 AM

GB Credit Partners, LLC, the investment management affiliate of Gordon Brothers Group, announced it has co-agented a $30 million debtor in possession (DIP) facility to Green Field Energy Services, a well service provider specializing in hydraulic... view press release
October 31, 2013, 07:46 AM

Dickinson Wright LLP announced John D. Leslie has joined the firm's Toronto office as a partner. Leslie focuses his practice on important and complex domestic and cross border restructuring and insolvency matters. He represents debtors, financial... view press release
October 17, 2013, 07:09 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... view press release
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... view press release
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... view press release
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... view press release
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... view press release
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.... view press release
May 28, 2013, 07:08 AM

O’Melveny & Myers announced that John J. Rapisarsdi and George A. Davis, former co-chairs of Cadwalader’s Global Financial Restructuring Department, and former Cadwalader partner Peter M. Friedman will be joining O’Melveny as partners in the firm’s... view press release
May 08, 2013, 08:03 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, has been elected as a fellow of the American College of Commercial Finance... view press release
April 11, 2013, 07:58 AM

Polsinelli Shughart announced Edward M. Fox has joined the firm as a shareholder in its New York office where he will assist clients with bankruptcy and financial services needs. Fox comes to the firm with more than 25 years experience, and has... view press release
February 15, 2013, 07:12 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... view press release
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... view press release
January 09, 2013, 08:10 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... view press release
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. ... view press release
December 06, 2012, 08:10 AM