News by subject: BCY

On November 14, 2019, WMI Liquidating Trust (the "Liquidating Trust"), formed pursuant to the confirmed Seventh Amended Joint Plan of Affiliated Debtors under Chapter 11 of the United States Bankruptcy Code (as modified, the "Plan") of Washington...

Legacy Reserves Inc. ("Legacy") and certain of its subsidiaries (collectively, the "Company") announced today that the U.S. Bankruptcy Court for the Southern District of Texas confirmed the Company's Joint Chapter 11 Plan of Reorganization (the...

Dean Foods Company ("Dean Foods" or the "Company") today announced that it has received approvals from the U.S. Bankruptcy Court for the Southern District of Texas for the "First Day" motions related to the Company's voluntary Chapter 11 petitions...

Ravinia Capital LLC ("Ravinia"), a Chicago-based investment bank focused on sell-side M&A for middle market companies, is pleased to announce the sale of Perfect Brow Art, Inc. et al. (d/b/a Brow Art 23) through a Chapter 11 Section 363 sale process....

Dean Foods Company ("Dean Foods" or the "Company") today announced that it and substantially all of its subsidiaries have initiated voluntary Chapter 11 reorganization proceedings in the Southern District of Texas. The Company intends to use this...

Acosta, Inc. ("Acosta" or the "Company"), a full-service sales and marketing agency, today announced that it has reached an agreement with more than 70% of its lenders and more than 80% of its noteholders, each by principal amount, on the terms of a...

PrimeWest Mortgage Investment Corporation ("PrimeWest" or the "Corporation"), trading under the symbol PRI, announced today that on October 31, 2019, KPMG Inc. was affirmed and approved as liquidator of the Corporation (the "Liquidator") and the Plan...

Great American Group, a B. Riley Financial company, and Tiger Capital Group announced that store closing sales will soon begin at the five flagship Barneys New York stores and at Barneys Warehouse locations. Exclusive private sale events are being...

Deluxe Entertainment Services Group Inc. ("Deluxe" or the "Company"), the leading content creation to distribution company, announced today that it has received Court approval of its pre-packaged Chapter 11 plan of reorganization (the "Plan") and...

CO2 Solutions Inc. ("CO2 Solutions" or the "'Corporation") announced today that it had requested and obtained an extension to the stay of proceedings and to the delay granted to make a proposal to its creditors in relation with the filing, on...

NexPoint Real Estate Advisors, L.P. ("NREA") released information today on the voluntary Chapter 11 bankruptcy filing from Highland Capital Management, L.P. ("HCMLP"), an investment adviser on the Highland Capital Management platform affiliated with...

FirstEnergy Solutions Corp. ("FES") and FirstEnergy Nuclear Operating Company ("FENOC" and with FES, the "Company") today announced that the U.S. Bankruptcy Court Judge overseeing the Chapter 11 restructuring will confirm the Company's Plan of...

Sigma Designs, Inc.®  announced today an update to its dissolution process that it previously announced on January 23, 2018. Sigma continues to work through its plan of dissolution approved by its shareholders and currently estimates making a final...

Hilco Real Estate, LLC announces Thursday, November 6, 2019 as the bid deadline for the court-ordered bankruptcy sale of a 228,000±-square-foot former Tyson Meats food processing facility in Norfolk, Nebraska, the state that calls itself the...

EP Energy Corporation ("EP Energy" or the "Company") today announced that it has voluntarily filed petitions for chapter 11 reorganization in the U.S. Bankruptcy Court for the Southern District of Texas (the "Court"). EP Energy intends to use this...

uBiome, Inc., today announced that it has requested that the Bankruptcy Court presiding over its pending Chapter 11 bankruptcy convert its case to a liquidation under Chapter 7 of the U.S. Bankruptcy Code.  A hearing at which the Bankruptcy Court...

Loot Crate, Inc. announced today that the Company has obtained bankruptcy court approval of the sale of substantially all of its assets to Loot Crate Acquisition LLC (LCA). LCA is an affiliate of its lender, Money Chest LLC. The Company stated,...

PrimeWest Mortgage Investment Corporation ("PrimeWest" or the "Corporation") announced today that on September 24, 2019, the shareholders of the Corporation voted in favour of voluntarily liquidating and dissolving the Corporation and approved of the...

WEQ Holdings Inc. (formerly WesternOne Inc.) ("WEQ" or the "Corporation") by The Bowra Group Inc. in its capacity as the Court-appointed liquidator of WEQ (the "Liquidator"), provides an update as to the liquidation proceedings.  As announced in its...

The Joint Liquidators of Kingate Global Fund, Ltd. and Kingate Euro Fund, Ltd. ("the "Kingate Funds") have announced that the High Court of the Virgin Islands approved the global settlement with Irving H. Picard, as trustee for the liquidation of...

CO2 Solutions Inc. ("CO2 Solutions" or the "'Corporation") announced today that it has filed a notice of intention to make a proposal (the "Notice") pursuant to the provisions of Part III of the Bankruptcy and Insolvency Act (Canada). Pursuant to...

Weatherford International plc , Weatherford International Ltd., and Weatherford International, LLC (collectively, "Weatherford" or the "Company") announced today that the United States Bankruptcy Court for the Southern District of Texas issued an...

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...

Fred's Inc., a discount value retailer, has once again tapped SB360 Capital Partners as their exclusive consultant to conduct Store Closing Sales in all 81 remaining Fred's locations. SB360 Capital Partners (www.sb360.com), one of North America's...

Weatherford International plc , Weatherford International Ltd., and Weatherford International, LLC (collectively, "Weatherford" or the "Company") announced today that the Company has filed the Second Amended Joint...

Weatherford International plc , Weatherford International Ltd., and Weatherford International, LLC (collectively, "Weatherford" or the "Company") announced today that the Company has filed the Second Amended Joint Prepackaged Plan of Reorganization...

PHI, Inc. ("PHI" or the "Company") today announced that the Company and its principal U.S. subsidiaries, including PHI Air Medical, have emerged from Chapter 11 bankruptcy protection, successfully completing the Company's debt restructuring process...

uBiome, Inc., a leader in microbial genomics, today announced that it has filed for protection under Chapter 11 of the U.S. Bankruptcy Code in Delaware to facilitate an orderly and efficient sale of its ongoing business, products in development,...

Certified Financial Planner Board of Standards, Inc. announced today the names of CFP® professionals who (i) have filed for protection or been named as a debtor in an involuntary bankruptcy petition that has not been dismissed under the United States...

Publishers across Quebec are alarmed by the bankruptcy protection news from Groupe Capitales Médias this week. Members of QCNA, English community newspaper publishers in Quebec, face a crisis similar to the French dailies belonging to Groupe...

Avenue Stores, LLC, on Friday August 16, 2019, filed for Chapter 11 reorganization and authorized store closing sales by a joint venture of Gordon Brothers and Hilco Merchant Resources have commenced.  The women's plus size clothing retailer is...

Brazilian airline Ocean Air Linhas Aéreas S/A, headquartered in São Paulo and formerly doing business as Avianca Brasil, will formally leave Star Alliance with effect from 1 September 2019. Ocean Air's withdrawal follows several months of bankruptcy...

Loot Crate, Inc. announced today that on August 13, 2019 the U.S. Bankruptcy Court has granted, on an interim basis, the Company's first-day motions, which were designed to ensure daily operations continue normally during the Company's brief sale...

Student debt contributes to 1 in 6 (17.6%) insolvencies, a record rate according to a study conducted by Licensed Insolvency Trustees Hoyes, Michalos & Associates Inc. "Nine years ago, student debt insolvencies were just under 13% of all insolvencies...

Loot Crate, the worldwide leader in fan subscription boxes, announced today that it has reached a definitive agreement for the sale of substantially all of its assets to Loot Crate Acquisition LLC. To facilitate the transaction, Loot Crate and its...

FTD Companies, Inc. (the "Company") today announced that the U.S. Bankruptcy Court for the District of Delaware (the "Court") has approved the sale of the FTD North America and Latin America Consumer and Florist businesses, including ProFlowers, to...

A'GACI, an innovator in the fast fashion apparel industry since 1971, is closing all 54 stores in the US and Puerto Rico. A'GACI filed for Chapter 11 Bankruptcy protection this morning and retained a joint venture of SB360 Capital Partners...

Barneys New York (the "Company"), the luxury specialty retailer, today announced that it has secured $75 million in new capital to facilitate a going concern sale process. In connection with the sale process, Barneys New York has voluntarily filed...

Perkins & Marie Callender's (together with certain affiliates and subsidiaries, collectively, the "Company"), today announced that it has executed an Asset Purchase Agreement with Perkins Group, LLC, for the sale of its Perkins' business and a...

? Weatherford International plc, Weatherford International Ltd., and Weatherford International, LLC  (collectively, "Weatherford" or the "Company"), one of the largest multinational oilfield service companies providing innovative solutions,...

Bristow Group Inc. ("Bristow" or the "Company") today announced that it has filed a Chapter 11 plan of reorganization (the "Plan") and a related disclosure statement (the "Disclosure Statement") with the United States Bankruptcy Court for the...

American Energy ? Permian Basin, LLC (the "Company") announced today that it is in ongoing discussions with certain holders (the "Significant Noteholders") of its 13.000% Senior Secured First Lien Notes due 2020, 8.000% Senior Secured Second Lien...

PHI, Inc. PHIKQ (non-voting)) ("PHI" or the "Company") today announced that the United States Bankruptcy Court for the Northern District of Texas has confirmed the amended Plan of Reorganization of PHI and its principal U.S. entities (the "Debtors")...

On July 23, 2019, Legacy Reserves Inc., together with its subsidiaries (collectively, the "Company") received approval by the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court") for up to $350 million (including...

Joerns Healthcare, a leading durable medical equipment manufacturer and supplier, announced today that the United States Bankruptcy Court for the District of Delaware has confirmed the Chapter 11 plan for the company and its domestic subsidiaries....

Contura Energy, Inc. , a leading U.S. coal supplier, today announced that one or more of its subsidiaries (together, Contura) will seek to serve as the stalking horse purchaser for certain assets offered for sale through the bankruptcy proceedings of...

Bristow Group Inc. ("Bristow" or the "Company") today announced that, as part of its previously-filed Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court" or "the Court"), the Company has entered...

On June 28, 2019, Lee E. Buchwald, Chapter 7 trustee of Magnesium Corporation of America and Renco Metals Inc. ("Debtors"), made a first and final distribution in the aggregate amount of $1,239,582 to Trade Creditors who held Chapter 11...

PES Energy Inc. and its subsidiaries (including its principal operating subsidiary, Philadelphia Energy Solutions Refining and Marketing LLC) (together, the "Company") announced today that they had filed for bankruptcy protection under Chapter 11 of...

AirXpanders, Inc. , a medical device company focused on the design, manufacture, sale and distribution of the AeroForm® Tissue Expander System, today announced that the Company has reduced its workforce and plans to cease operations. The Company...