News by subject: BCY

Second Avenue Capital Partners, LLC, announced it has provided a $12,000,000 revolving line of credit to A'GACI, LLC, a young women's lifestyle brand and fast fashion retailer. Proceeds from the credit facility will be used as exit financing,...

Trial and litigation firm Bienert, Miller & Katzman, PLC has brought David Guess on board as a bankruptcy partner. Guess will expand and lead the growth of BMK's bankruptcy practice. Guess previously was a partner at Los Angeles based national...

Cenveo, Inc. (the "Company"), a diversified manufacturer of print-related products including envelopes, custom labels, commercial print, and publisher solutions, today announced that the United States Bankruptcy Court for the Southern District of...

Hilco Merchant Resources announced today that it will manage the store closing process and run retail sales at 74 of the 344 National Stores.  The specific stores that will be closing are currently branded as Fallas stores across the country.  The...

RM Holdco LLC and its subsidiaries ("Real Mex"), the operator of Chevys Fresh Mex, El Torito, and other full-service Mexican restaurant brands, today announced that it has executed an Asset Purchase Agreement with an affiliate of Z Capital Group,...

The Fairbanks Company announced that it filed a voluntary petition for reorganization yesterday under chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Georgia, Rome Division, for the purpose of...

FirstEnergy Corp. today reported second quarter 2018 GAAP earnings of $134 million, or $0.28 per basic and diluted share, on revenue of $2.7 billion. GAAP earnings during the second quarter of 2017 were $174 million, or $0.39 per basic and diluted...

Last week, the United States Bankruptcy Court of the District of Delaware approved VER's reorganization plan under Chapter 11, advancing the VER bankruptcy which VER voluntarily filed on April 5th. Under the pre-negotiated plan, VER will emerge from...

The Integrated Bankruptcy Enforcement Unit, comprised of the Royal Canadian Mounted Police (RCMP) and the Office of the Superintendent of Bankruptcy (OSB), has charged a Vaughan resident with offences related to her 2017 bankruptcy. Veera ORAHA, age...

- The Accelerated Final Distribution Election provides eligible general unsecured creditors the opportunity to: (1) receive a distribution equal to 0.75% of the allowed general unsecured claim and retain the rights to any future distributions the...

Certified Financial Planner Board of Standards, Inc. announces 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...

Appvion (the "Company") today announced completion of the sale of substantially all of the Company's assets to a group of its lenders led by Franklin Advisers, Inc. (the "Purchaser"). The transaction will significantly reduce Appvion's debt, provide...

New MACH Gen, LLC ("NMG" or the "Company") today announced that it and certain of its subsidiaries have entered into a Restructuring Support Agreement ("RSA") with its first lien lender and its equity owner. The transactions contemplated by the RSA,...

Southeastern Grocers ("SEG" or "the Company") today announced that it has successfully completed its financial restructuring and has emerged from Chapter 11 in record timing. Through this process, SEG has transformed its financial profile and...

Sheila Gropper Nelson, founder of Resolution Law Firm, was pleased to recently receive a certificate from the State Bar of California Board of Legal Specialization congratulating her on reaching her twentieth anniversary as a California State Bar...

Elements Behavioral Health (the "Company"), a family of behavioral health programs located throughout the United States, announced today that it will execute an asset purchase agreement  (the "Purchase Agreement") with a group of its First Lien...

Rex Energy Corporation (REXX: OTC), 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...

The Rockport Group, LLC (the "Company" or "Rockport"), a leader in men's and women's footwear since 1971, today announced that the Company has received approvals from the U.S. Bankruptcy Court for Delaware for all of its First Day motions, which will...

Enduro Resource Partners LLC ("Enduro" or the "Company") today announced that in order to facilitate assets sales to maximize recoveries to its creditor constituencies, the Company and certain of its affiliates have filed voluntary petitions for a...

Appvion, Inc. (the "Company") today announced that the U.S. Bankruptcy Court for the District of Delaware approved the sale of substantially all of the Company's assets to a group of its lenders led by Franklin Advisers, Inc. (the "Purchaser"). The...

Southeastern Grocers, LLC ("SEG" or "the Company") announced today that the United States Bankruptcy Court for the District of Delaware (the "Court") has confirmed the Company's Amended Prepackaged Chapter 11 Plan (the "Plan"). The Company expects to...

The Rockport Group, LLC (the "Company" or "Rockport"), a leader in men's and women's footwear since 1971, today announced that it has entered into an asset purchase agreement ("the agreement") with CB Marathon Opco, LLC an affiliate of Charlesbank...

MetLife Foundation and Verb today announced Apon Wellbeing Ltd. as winner of the MetLife Foundation Inclusion Plus competition in Bangladesh. The competition was open to entrepreneurs, nonprofits and other social impact organizations focused on...

Gibson Brands Inc. ("Gibson" or "the Company"), announced today that 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...

Relativity Media announced today that it has entered into an agreement to sell substantially all of its assets to UltraV Holdings LLC ("UltraV"), a joint venture among funds managed by Sound Point Capital Management, a New York-based asset management...

Gibson Brands Inc. ("Gibson" or "the Company"), today announced it will be re-focusing the Company on the manufacturing of world-class, musical instruments and professional audio products and the continued development of the Company's portfolio of...

Certified Financial Planner Board of Standards, Inc. announces 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...

Charming Charlie (the "Company") today announced that it has successfully completed its financial restructuring and emerged from Chapter 11. The Company's court-confirmed Plan of Reorganization (the "Plan") went into effect today, April 24, 2018....

FirstEnergy Corp. today announced it has reached an agreement in principle with two groups of key creditors in the Chapter 11 proceedings of FirstEnergy Solutions (FES), its related entities and FirstEnergy Nuclear Operating Company (FENOC) on a...

Medizone International, Inc. or Medizone, manufacturer of the AsepticSure® system, today announced that certain creditors of the Company have commenced an involuntary bankruptcy proceeding under Chapter 11 of the United States Bankruptcy Code...

LXRandCo, Inc. ("LXRandCo" or the "Company") , an international omni-channel retailer of branded vintage luxury handbags and accessories, today commented on the bankruptcy proceedings and wind-down of operations of The Bon-Ton Stores, Inc....

The Bon-Ton Stores, Inc. ("the Company") today announced that the U.S. Bankruptcy Court for the District of Delaware has approved an asset purchase agreement between the Company and a joint venture composed of the holders of the Company's 8.0%...

The Bon-Ton Stores, Inc. ("the Company") today announced the winning bid in an auction for the Company's assets held pursuant to Section 363 of the U.S. Bankruptcy Code.  Subject to Bankruptcy Court approval, a joint venture composed of the...

Bertucci's, the casual restaurant known for its authentic Italian foods and signature brick oven pizzas, today announced that it filed voluntary petitions for relief under Chapter 11 in the United States Bankruptcy Court for the District of Delaware...

FRANCHISE SERVICES OF NORTH AMERICA INC. ("FSNA" or the "Company") (FSN.V) today announced that on December 18, 2017, the United States Bankruptcy Court for the Southern District of Mississippi dismissed the chapter 11 bankruptcy case originally...

Nine West Holdings, Inc. ("the Company"), a leading footwear, accessories, women's apparel, and jeanswear company with a portfolio of brands that includes Nine West, Anne Klein, and Gloria Vanderbilt, today announced that it has filed voluntary...

Syncordia Technologies and Healthcare Solutions, Corp. (the "Company") has been operating under a forbearance arrangement with its secured lender since July 2017.  Efforts to sell the business or refinance have not succeeded. The Company has now...

VER today announced that, as part of a comprehensive transaction supported by its second lien lenders, including funds managed by GSO Capital Partners, it has entered into an agreement to merge with an entity controlled by Production Resource Group...

Geo. V. Hamilton, Inc. ("Hamilton"), the region's premier commercial and industrial insulation and distribution contractor, announced today that it has exited from Chapter 11 under a confirmed Plan of Reorganization. Hamilton entered Chapter 11 in...

FirstEnergy Solutions (FES), its subsidiaries and FirstEnergy Nuclear Operating Company (FENOC) (together, the "Filing Entities") today announced that to facilitate an orderly financial restructuring, they have filed voluntary petitions under Chapter...

The Bon-Ton Stores, Inc. ("the Company") today announced that it is in active discussions with interested parties in respect of a going-concern bid to acquire the Company in a Bankruptcy Court-supervised sale process. As a result of these...

Ascent Resources Marcellus Holdings, LLC ("Holdings") and its wholly owned subsidiaries announced today that they have emerged from chapter 11 bankruptcy.  As previously announced on February 6, 2018, Holdings, along with Ascent Resources ?...

Hilco Streambank has been retained by Styles for Less, Inc. to market and sell the intellectual property of Styles for Less®, including trademarks, domain names, and customer database. A bid deadline has been set by Hilco Streambank for Tuesday,...

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 Chapter 11 of the U.S. Bankruptcy Code. The Company will continue to operate its...

Constellation Healthcare Technologies, Inc. ("Constellation" or "the Company"), a healthcare services organization providing outsourced revenue cycle management, practice management, and group purchasing services to U.S. physicians, along with...

Toys"R"Us, Inc. today announced that it has filed a motion seeking Bankruptcy Court approval to begin the process of conducting an orderly wind-down of its U.S. business and liquidation of inventory in all 735 of the Company's U.S. stores, including...

Orexigen Therapeutics, Inc. , a biopharmaceutical company focused on the treatment of obesity, announced today that it has elected to file a voluntary petition under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of...

Steve Manley, a Realtor at Exit Realty All Stars, is now serving the Boston and Massachusetts areas with SafeGuard Credit Counseling Services. SafeGuard is dedicated to assisting consumers in meeting and satisfying their fiscal responsibilities and...

Fieldwood Energy LLC (together with its subsidiaries and certain affiliates, the "Company" or "Fieldwood") announced today that it has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the Bankruptcy Court...

Ascent Resources Marcellus Holdings, LLC and its wholly owned subsidiaries, Ascent Resources ? Marcellus, LLC ("ARM") and Ascent Resources Marcellus Minerals, LLC (collectively, the "ARM Entities") commenced voluntary chapter 11 cases in the United...