Search

MIDLAND, Texas, Feb. 4, 2020 /PRNewswire/ -- MDC Energy (the 'Company') has reached an agreement with its creditors to resolve the creditors' motions in the Company's Chapter 11 bankruptcy proceedings [...]

ADDISON, Texas, Jan. 27, 2020 /PRNewswire/ -- Bar Louie, an award-winning gastrobar, today announced that it has reached an agreement with its lenders to act as the stalking horse purchaser [...]

Outlines New Commitments to Enhance Reorganization Plan Commits to Pay Victims Their Full Claim of $13.5 Billion in Cash Strengthens Commitments Regarding Corporate Governance, Capital Structure, Employees and Customers of [...]

Think Finance receives exit plan and settlement approval from Bankruptcy Court IRVING, Texas, Dec. 12, 2019 /PRNewswire/ -- On December 7, 2019, the business operations of Think Finance, LLC and [...]

INDIANAPOLIS, Dec. 9, 2019 /PRNewswire/ -- Celadon Group, Inc. today announced that it, along with its 25 affiliate entities, have filed voluntary petitions for relief under Chapter 11 of the [...]

Ravinia Capital is pleased to announce the successful sale of the nation's largest specialty retailer in the eyebrow threading industry. CHICAGO, Nov. 14, 2019 /PRNewswire-PRWeb/ -- Ravinia Capital LLC ('Ravinia'), [...]

Eric Cummins named Chief Executive Officer LOS ANGELES, Nov. 6, 2019 /PRNewswire/ -- Deluxe, the leading content creation to distribution company, today announced that it has completed its comprehensive restructuring [...]

Deluxe will reduce debt by more than half and have access to $115 million of new financing LOS ANGELES, Oct. 24, 2019 /PRNewswire/ -- Deluxe Entertainment Services Group Inc. ('Deluxe' [...]

DALLAS, Oct. 16, 2019 /PRNewswire/ -- NexPoint Residential Trust, Inc. ('NXRT' or 'the Company') (NYSE:NXRT) released information regarding the voluntary Chapter 11 bankruptcy filing from Highland Capital Management, L.P. ('HCMLP'). [...]

- Judge Indicates He Will Confirm the Plan Overwhelmingly Supported by Creditors - Company Remains on Track to Emerge from Chapter 11 Process in Late 2019 AKRON, Ohio, Oct. 15, [...]

Proof of Claim Forms Must be Received by October 21, 2019, at 5:00 p.m. (Pacific Time) SAN FRANCISCO, Aug. 13, 2019 /PRNewswire-HISPANIC PR WIRE/ -- PG&E Corporation (NYSE: PCG) and [...]

Will Complete Sale through Voluntary Chapter 11 Case Company Receives Commitment for New Financing Looters Can Expect Crates to Ship PASADENA, Calif., Aug. 12, 2019 /PRNewswire/ -- Loot Crate, the [...]

AKRON, Ohio, July 30, 2019 /PRNewswire/ -- FirstEnergy Solutions Corp. ('FES' or 'Company') has named the members of its Board of Directors (the 'Board') for the reorganized company ('New Holdco') [...]

Reaches settlement with Official Committee of Unsecured Creditors and other key stakeholders that paves the way for a consensual path forward Emergence expected late summer 2019 LAFAYETTE, La., June 6, [...]

FTD and Other Floral and Gifting Businesses Continue to Operate in the Ordinary Course Enters Definitive Asset Purchase Agreement with an Affiliate of Nexus Capital Management to Acquire North America [...]

Receives $28.5 million in Committed Financing to Bolster Liquidity Commences Voluntary Chapter 11 Case with Support of Lenders OKLAHOMA CITY, May 28, 2019 /PRNewswire/ -- White Star Petroleum, LLC (the [...]

NEW YORK, May 17, 2019 /PRNewswire/ -- Wollmuth Maher & Deutsch LLP is pleased to announce that Brad Axelrod joined the firm's Bankruptcy, Restructuring and Insolvency group on May 1. [...]

Approved Reorganization Plan Effective as of Feb. 15, 2019 DALLAS, Feb. 20, 2019 /PRNewswire-PRWeb/ -- Acis Capital Management, L.P. and Acis Capital Management GP, LLC (collectively Acis) announced that its [...]

Files for Voluntary Reorganization Under Chapter 11 to Implement Terms of the Agreement Receives Commitment for $1.9 Billion in Financing to Support Operations FORT WASHINGTON, Pa., Feb. 11, 2019 /PRNewswire/ [...]

CORPUS CHRISTI, Texas, Jan. 23, 2019 /PRNewswire/ -- In order to facilitate the ongoing sales process of the assets of Sam Kane Beef Processors, LLC ('Sam Kane'), and to assure [...]

- Agreement Contemplates Continued Ownership and Operation of Retail and Wholesale Load-Serving Business Beyond Chapter 11 - Company continues to work with key stakeholders for necessary financial support for its [...]

LOS ANGELES, Jan. 14, 2019 /PRNewswire/ -- Consumer Watchdog said today that PG&E prematurely filed bankruptcy protection to drive a political bailout of the company and gain leverage over what [...]

NEW YORK, Dec. 19, 2018 /PRNewswire/ -- On December 19, 2018, in the Southern District of New York, Glansaol LLC and certain of its affiliates (collectively, 'the Company') voluntarily filed [...]

AKRON, Ohio, Nov. 27, 2018 /PRNewswire/ -- FirstEnergy Solutions Corp. (FES) today commented on an action commenced by Exelon Generation Company, LLC, a subsidiary of Exelon Corporation (NYSE: EXC) in [...]

NEW YORK, Nov. 22, 2018 /PRNewswire/ -- Vikaran Ghei, for himself, HoldCo Asset Management, and three of its managed funds, one of which is Opportunities II Ltd. (such funds, the [...]

NEW YORK, Nov. 22, 2018 /PRNewswire/ -- Beard Group, Inc., is hosting the 25th Annual Distressed Investing Conference on Mon., Nov. 26, 2018, at The Harmonie Club located at 4 [...]

Court approves Chapter 11 exit Effective date to occur over the next few weeks NEW YORK, Oct. 10, 2018 /PRNewswire/ -- Navillus today announced that it has received approval to [...]

Emerges from Chapter 11 Well Positioned for Long-Term Growth STAMFORD, Conn., Sept. 7, 2018 /PRNewswire/ -- Cenveo today announced its emergence from bankruptcy following a successful financial restructuring and confirmation [...]

Producer of OTC drugs and cosmetics ceases operations KANNAPOLIS, N.C., Sept. 7, 2018 /PRNewswire/ -- Product Quest Manufacturing, LLC, filed a voluntary petition for relief today under chapter 11 of [...]

Navillus resolves union dispute with no interruption to current projects Continues to bid on NY's biggest projects All contracts and management employees remain in place NEW YORK, Aug. 17, 2018 [...]

Rome-based company seeks to address asbestos lawsuits ROME, Ga., Aug. 1, 2018 /PRNewswire/ -- The Fairbanks Company announced that it filed a voluntary petition for reorganization yesterday under chapter 11 [...]

HATCH, N.M., July 11, 2018 /PRNewswire/ -- The dairy facility, livestock, farmland, ranches and equipment formerly used in the operations of Las Uvas Valley Dairies will be offered for sale [...]

Mastering Turnaround Management SAN FRANCISCO, July 11, 2018 /PRNewswire-PRWeb/ -- Slow growing companies are often overlooked by today's investors seeking high returns and profits. But turnaround companies often can generate [...]

Acquisition Expected to Expand Product Offerings and Accelerate Growth COPPELL, Texas, July 10, 2018 /PRNewswire/ -- Costar Technologies, Inc. (the 'Company') (OTC Markets Group: CSTI) announced today that it has [...]

Emerges from Chapter 11 Positioned for Long-Term Growth and Continued Success Company Operating More Than 575 Stores Across Seven States Under BI-LO, Fresco y Más, Harveys Supermarket and Winn-Dixie Banners [...]

Randy Johnson Named President and CEO SOUTHFIELD, Mich., May 23, 2018 /PRNewswire/ -- GST AutoLeather ('GST' or the 'Company'), the global leader in automotive leather components, and its subsidiaries have [...]

Company to Sell Its Assets to Maximize Value to Creditors Operations to Continue as Usual During the Sale Process Enduro Royalty Trust to Continue to Operate in Normal Course FORT [...]

New Owners Are Fully Committed to Providing Sufficient Capital and Industry Expertise to Attract and Deliver Outstanding Content Sale to Be Implemented Through Chapter 11 Process Under Section 363 LOS [...]

HOUSTON, April 10, 2018 /PRNewswire/ -- Ensorcia Metals Corporation announced today that it won a major victory in Federal Bankruptcy Court in El Paso, Texas on April 9, 2018. The [...]

MCKEES ROCKS, Pa., April 2, 2018 /PRNewswire/ -- Geo. V. Hamilton, Inc. ('Hamilton'), the region's premier commercial and industrial insulation and distribution contractor, announced today that it has exited from [...]

PITTSBURGH, March 21, 2018 /PRNewswire/ -- MGTF Radio Company, LLC and WPNT, Inc. d/b/a Steel City Media, (the 'Company') announced today that the Company filed voluntary petitions for reorganization under [...]

SAN ANTONIO, Jan. 11, 2018 /PRNewswire/ --A'GACI, LLC, a leading fashion retailer in Texas, which filed for Chapter 11 relief on Tuesday, January 9[sup.th] , will shortly begin discussions with [...]

Company Will Sell Substantially All of its Assets through a Voluntary Chapter 11 Restructuring NORTHBROOK, Ill., Nov. 20, 2017 /PRNewswire/ -- Maurice Sporting Goods, Inc., one of North America's largest [...]

SANTA BARBARA, Calif., Nov. 13, 2017 /PRNewswire/ -- Bikram's Yoga College of India and certain affiliates (the 'Company ') filed for protection under chapter 11 of the Bankruptcy Code in [...]

WILMINGTON, Del., Nov. 6, 2017 /PRNewswire/ -- On June 25, 2017 (the 'Petition Date '), TK Holdings Inc. and certain of its affiliates (collectively, the 'Debtors ') filed chapter 11 [...]

All Flight Operations Continue Normally BURBANK, Calif., Sept. 29, 2017 /PRNewswire/-- Zetta Jet Pts. Ltd., a global leader in private international, business and luxury air travel, announced today that the [...]

-Company's Brand & Financial Position Strengthen as New Management Completes Transition. News provided by Gallant Brands, Inc. d/b/a Soupman, Inc. EATONTOWN, N.J., Sept. 28, 2017 /PRNewswire/ -- Soupman, Inc. (the [...]

Normal Business Operations to Continue Throughout Restructuring; All Reservations Honored and High Customer Service Levels Continue Unchanged Company Continues to Pursue Litigation Against Former Managing Director for Misappropriating Funds and [...]

LAS VEGAS, Sept. 5, 2017 /PRNewswire/ -- Caesars Entertainment Operating Company, Inc. and its Chapter 11 debtor subsidiaries (collectively, 'CEOC') announced that they have obtained committed financing for $2.2 billion [...]

NEW ORLEANS, July 27, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) ('Tidewater' or the 'Company') announced today that the Company received approval to list its new common stock with the [...]