News by subject: BCY

SigmaDek Ltd. ( SigmaDek or the Company) filed on June 13, 2017 a proposal under the Bankruptcy and Insolvency Act R.S.C. (1985), c. B-3 which was approved by the creditors on July 5, 2017 and which will be submitted for approval to a Judge sitting...

(Logo: http://photos.prnewswire.com/prnh/20160622/382197LOGO ) Wherever trade occurs on credit there is the risk of late payment or even non-payment. Poor payment...

Today the United States Bankruptcy Court for the District of Delaware ruled that it intends to enter an order dismissing Searchmetrics Inc.'s bankruptcy case. Notwithstanding the pending dismissal of the bankruptcy case, Searchmetrics Inc. will...

FRANCHISE SERVICES OF NORTH AMERICA INC. ("FSNA" or the "Company") (FSN.V) today announced that in order to best preserve the value of its assets for the benefit of creditors and shareholders, it filed for Chapter 11 bankruptcy protection on Monday,...

BioNitrogen  is today confirming that it was unable to reorganize under the protection of the Chapter 11 process given the unproven nature of the technologies and the difficult environment in the global Urea market over the last 2 years.  There were...

Five companies recommended in a stockbroker's high-risk strategy, including BreitBurn Energy Partners LP. and LINN Energy LLC , all declared bankruptcy, a Claim filed by a former customer of a brokerage firm alleges. The claim against Wells Fargo...

Soupman, Inc. ("SM"), a producer and marketer of high-quality branded soups bearing the name "Original Soupman" today announced that it has filed for Chapter 11 bankruptcy protection. SM also announced it has secured a new $2 million...

BCBG Max Azria Group, LLC ("BCBG" or the "Company") is pleased to announce that the Company and certain of its affiliates have reached an agreement on a comprehensive restructuring which contemplates the sale of substantially all the assets of the...

Anterra Energy Inc. ("Anterra" or the "Company") announces that on June 7, 2017, PricewaterhouseCoopers Inc. (the "Receiver") was appointed by the Court of Queen's Bench of Alberta ("Court") as receiver and manager of the assets of the Company.  The...

  Registered Office: Santiago Office: ROYAL BANK PLAZA AVDA. SANTA MARIA 2224 SOUTH TOWER PROVIDENCIA, SANTIAGO 200 BAY STREET, SUITE 3800 CHILE TORONTO, ONTARIO M5J 2Z4 Telephone: 56-2-2569 6224 CANADA...

As previously disclosed, on May 19, 2017 the United State Bankruptcy Court for the Southern District of Texas, Houston Division (the "Court") approved Azure Midstream Partners, LP,'s (the "Partnership" and together with its general partner and direct...

International Shipholding Corporation ("ISH" or the "Company") today announced that it has received the necessary approvals from the U.S. Department of Transportation Maritime Administration thereby satisfying certain conditions precedent to the...

Title XI Software Solutions, Inc. announced they will eliminate the monthly service fee assessed on new or converting Chapter 7 bankruptcy estates effective June 1, 2017.  The removal of fees enables their trustees to focus on case progression while...

On May 19, 2017 the United State Bankruptcy Court for the Southern District of Texas, Houston Division (the "Court") approved Azure Midstream Partners LP,'s (the "Partnership") Fifth Amended and Restated Plan of Liquidation (the "Plan") filed with...

SH 130 Concession Company announced that yesterday the United States Bankruptcy Court for the Western District of Texas (Austin Division) confirmed its Modified Second Amended Joint Plan of Reorganization.   This confirmation clears the way for the...

Tidewater Inc. ("Tidewater" or the "Company") today announced that the United States Bankruptcy Court for the District of Delaware has granted the relief requested by the Company in certain first day motions related to ordinary course business...

rue21, Inc. ("rue21" or the "Company"), a leading teen specialty apparel retailer, today announced it has filed a voluntary petition for reorganization under chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Western District of...

Katy Industries, Inc.  a leading manufacturer, importer and distributor of commercial cleaning and consumer storage products, announced that it has reached an agreement with a newly-created entity co-owned by Highview Capital, LLC and affiliates of...

Marsh Supermarkets, LLC, today announced that it has filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the District of Delaware, a step the Company has taken to enable its business operations to continue normally as it seeks a...

Inventory liquidation sales are now under way at all Gander Mountain store locations ? offering shoppers deep discounts on top brand-name outdoor gear. The nationwide sale is being conducted by a joint venture consortium consisting of Tiger Capital...

Central Grocers, Inc. ("Central Grocers" or the "Company") today announced that the Company and all of its subsidiaries have voluntarily elected to file for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District...

US Dataworks, Inc. , a leader in payment processing technology, today announced that on May 1, 2017 it elected to seek protection under federal bankruptcy laws by filing a Chapter 11 bankruptcy petition with U.S. Bankruptcy Court, Southern District...

Nuverra Environmental Solutions, Inc. ("Nuverra" or the "Company") announced today that the Company and its subsidiaries (collectively, the "Nuverra Parties") have filed voluntary petitions for reorganization under chapter 11 of the United States...

Solar Spectrum, a new company backed by an investment group led by Minnesota-based private equity firm Northern Pacific Group, today announced that it has acquired certain assets of Sungevity, Inc. as part of a bankruptcy court-approved sale. The...

Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--When Westinghouse Electric Corporation LLC (Cranberry Township, Pennsylvania) filed for Chapter 11 bankruptcy protection March 29, it triggered a cascading series of problems and...

Adams Resources & Energy, Inc. (the "Company") announced that it has concluded its review of strategic alternatives related to the Company's exploration and production subsidiary, Adams Resources Exploration Corporation ("AREC").  AREC plans to file...

Halt Medical, Inc. ("Halt Medical" or the "Company"), a privately held medical device company that develops minimally invasive, uterine-sparing solutions for women who suffer from symptomatic fibroids, announced today that it has filed for voluntary...

Unilife Corporation ("Unilife" and together with its domestic subsidiaries, the "Company") today announced that it has commenced a formal proceeding to restructure its balance sheet or to sell its assets as a going concern in order to better...

Rupari Food Services, a leading producer of branded and private label restaurant-quality barbequed meats, including Tony Roma's® and Butcher's Prime® retail brands, announced today that it has reached a definitive agreement for the sale of...

In the news release, Ciber Files For Chapter 11 Protection And Secures $45 Million In DIP Financing To Fund Ongoing Operations During Process And Agree To An Asset Purchase Agreement With Capgemini America, issued 10-Apr-2017 by Ciber, Inc. over PR...

Ciber, Inc. , a leading global information technology consulting, services and outsourcing company, today announced that it and certain U.S. subsidiaries filed voluntary petitions seeking relief under Chapter 11 of the United States Bankruptcy Code...

Payless ShoeSource ("Payless," "the Company"), the largest specialty family footwear retailer in the Western Hemisphere, offering a range of everyday and special occasion shoes and accessory items at affordable prices, announced today that it has...

Peabody announced today that it has emerged from Chapter 11 protection with a transformed capital structure, including new equity that is expected to begin trading tomorrow on the New York Stock Exchange under the ticker symbol BTU. "We believe...

It was announced today that The Sam Bass Collection will be offered at Public Auction on Wednesday, May 3, 2017. Mr. Sam Bass is the first Officially Licensed artist of NASCAR and has amassed a huge collection of Original Sam Bass Artwork, Custom...

Hilco Real Estate, LLC announces the upcoming bankruptcy sale of a 69,000 SF refrigerated distribution warehouse in Tilton, IL. The property is ideally located along Interstate 74 just east of Champaign, IL, which places the property within 100 miles...

SCANA Corporation (SCANA) , today provided an update with regard to the impact of the Chapter 11 filing of Westinghouse Electric Company, LLC (WEC) on the new nuclear project at the V.C. Summer Nuclear Station.  South Carolina Electric & Gas Company,...

Rockwell Diamonds Inc. ("Rockwell" or the "Company")   announces that a judge in Kimberley South Africa issued an interim liquidation order against three subsidiaries of the Company yesterday. The interim orders, which have to be confirmed in a final...

Toisa Limited announced today that it received Bankruptcy Court approval for the use of cash collateral secured by two of its major lenders, Citibank N.A. and Credit Agricole Corporate and Investment Bank at a March 17th hearing. Credit Agricole's...

Accelya, a leading provider of financial and commercial solutions to the airline industry, and Mercator, a global provider of product-enabled...

SquareTwo Financial Services today announced it reached an agreement with Resurgent Holdings LLC under which Resurgent or one or more of its subsidiaries or affiliates will acquire substantially all of SquareTwo's portfolio of assets. The acquisition...

WMI Liquidating Trust (the "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 Mutual, Inc. ("WMI"), today issued a...

Ultra Petroleum Corp. ("Ultra") announced its capital investment program and financial and operational guidance for 2017. The company's Board of Directors approved the planned 2017 drilling and completion capital budget of $500.0 million. With this...

Sungevity, Inc. ("Sungevity"), a technology-driven solutions provider, offering exceptional service and choice to residential and commercial solar energy customers, today announced that it has commenced voluntary Chapter 11 proceedings in U.S....

Aquion Energy Inc. ("Aquion" or the "Company"), the developer and manufacturer of Aqueous Hybrid Ion (AHItm) batteries and energy storage systems, announced today that it has filed a voluntary petition under Chapter 11 of the United States Bankruptcy...

Contura Energy, Inc., a leading U.S. coal supplier, today announced its successful bid to significantly increase the company's ownership stake in Dominion Terminal Associates (DTA), a world-class coal export facility located in Newport News,...

International Shipholding Corporation (the "Company") completed an important step towards emergence from bankruptcy with the confirmation of its chapter 11 plan of reorganization (the "Plan") by the U.S. Bankruptcy Court for the Southern District of...

Modular Space Corporation ("ModSpace") today announced that it has successfully exited its pre-packaged chapter 11 bankruptcy with a $90 million equity investment, a new $640M asset-backed credit facility and the elimination of more than $400 million...

Samson Resources Corporation  ("SRC") announced today that the Company and its subsidiaries have emerged from Chapter 11 bankruptcy protection, after satisfying all of the conditions required under its Plan of Reorganization (the "Plan"), which was...

BCBG Max Azria Group, LLC ("BCBG" or the "Company") today announced that the Company and certain of its affiliates have taken the next step in the restructuring of its brands and operations by filing voluntary petitions for reorganization under...

Berry Petroleum Company LLC (the "Company" or "Berry") successfully emerged from bankruptcy today following confirmation of its Chapter 11 plan of reorganization by the Honorable Judge David R. Jones of the U.S. Bankruptcy Court for the District of...