News by subject: BCY

One of the concerns individuals often have is how long bankruptcy will remain on their credit report. The duration of time that bankruptcy stays on a credit report depends on the type of bankruptcy filed and the credit reporting agency's policies....

The Property Advocates, a prominent Florida-based insurance law firm specializing in property insurance claims, has announced its filing a Chapter 11 restructuring bankruptcy. This press release aims to provide insight into the reasons behind this...

Silver Star, in the aggregate, has sold eight assets in 2023 for net proceeds over $108 million, which includes four assets sold by the SPE for net proceeds of $44 million.SPE completed the sale of the Prestonwood property on Friday, September 8,...

Soft Surroundings (the "Company") today announced that it has entered into a Restructuring Support Agreement ("RSA") pursuant to which Coldwater Creek under the ownership of Newtimes Group, will continue ongoing direct-to-consumer and e-commerce...

Westlake Surgical, L.P., dba The Hospital at Westlake Medical Center ("The Hospital at Westlake" or the "Hospital"), a proudly physician-owned boutique hospital that offers a wide range of premier medical services and exceptional patient care, today...

Off Lease Only ("the Company") and certain of its affiliates today announced that the Company has voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the District of Delaware to pursue an orderly wind down of its...

First Citizens Bank today announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided a $55 million revolving credit facility to National CineMedia LLC to support their emergence from Chapter 11...

Hilco Real Estate, LLC, announces September 27, 2023, as the qualified bid deadline for the Chapter 11 bankruptcy sale of this 15-story high-rise hotel in New York, New York. Situated at 442 W 36th Street, this hotel presents a rare chance for...

Mallinckrodt plc ("Mallinckrodt" or the "Company"), a global specialty pharmaceutical company, today announced that it has received approvals from the U.S. Bankruptcy Court for the District of Delaware for its "First Day" motions related to the...

Scarinci Hollenbeck obtained a directed verdict in the United States Bankruptcy Court for the District of New Jersey rejecting an objection to discharge involving a $1.1 million debt. David Edelberg, Partner and Chair of Scarinci Hollenbeck's...

Mallinckrodt plc ("Mallinckrodt" or the "Company"), a global specialty pharmaceutical company, today announced that it...

Mallinckrodt plc ("Mallinckrodt" or the "Company"), a global specialty pharmaceutical company, today announced that it...

Orbital Infrastructure Group Inc. (the "Company"), announced today that it and certain of its subsidiaries (Orbital Solar Services, L.L.C., Orbital Power, Inc., Orbital Gas Systems, North America, and Eclipse Foundation Group, Inc.) have filed...

The Trustees of the Opioid Master Disbursement Trust II (the "Opioid MDT II") issued a statement today regarding drugmaker Mallinckrodt filing for a second bankruptcy and reaching a debt reduction deal: "The Opioid MDT II Trustees made a difficult...

Hilco Real Estate, LLC announces September 27, 2023 as the initial bid deadline for the Chapter 11 bankruptcy sale of 6,053± acres of deeded, high-quality cattle ranch land located minutes from the Missouri River in Gregory, South Dakota. The...

The Roman Catholic Archbishop of San Francisco ("RCASF") announced today the filing of a voluntary petition for bankruptcy relief under chapter 11 of the U.S. Bankruptcy Code. The filing is necessary to manage and resolve the more than 500 lawsuits...

The Scouting Settlement Trust ("Trust"), the fund established to compensate survivors of sexual abuse while in the Boy Scouts of America ("BSA"), announced today that it is opening its online claims processing portal to all of the estimated 82,000...

On August 24, Tiger Group and HyperAMS will auction more than 400 woodworking and other assets from the 220,000-square-foot furniture plant formerly operated by Solid Comfort, a tier-1 supplier of wooden and laminated casegoods for hospitality...

Hilco Real Estate, LLC announces September 14, 2023, as the qualifying bid deadline for the bankruptcy sale of this previously operating skilled nursing facility in Springfield, Mass....

Amyris, Inc. ("Amyris" or the "Company"), a leading synthetic biotechnology company accelerating the world's transition to sustainable consumption through its Lab-to-Markettm technology platform and clean beauty consumer brands, today announced that...

Sorrento Therapeutics, Inc. , a biopharmaceutical company dedicated to the development of life-saving therapeutics to treat cancer, intractable pain, and infectious disease, today announced that, in connection with its ongoing chapter 11 case, the...

Western Global Airlines ("WGA" or the "Company"), a US FAA 121 cargo airline, today announced that the Company has reached an agreement with key financial stakeholders, including...

By order of a U.S. bankruptcy court, Tiger Group and Liquidity Services on Aug. 10 will auction OncoSec Medical Inc.'s former immunotherapy laboratory and R&D facility in San Diego. The biotechnology company, which focused on developing intertumoral...

Ravinia Capital LLC, a Chicago-based boutique investment bank specializing in sell-side M&A advisory and 363 bankruptcy sales, is pleased to announce the sale of Allied Healthcare Products to Allied Medical LLC (dba Flexicare) through a Chapter 11...

LUB Liquidating Trust (the "Company" or the "Trust"), which was formed to complete the monetization of the assets previously held by Luby's, Inc., announced today it has declared a cash liquidating distribution of $1.00 per unit to be paid on August...

Hilco Real Estate, LLC announces the qualified bid deadline of September 12, 2023, for the bankruptcy sale of this highly-anticipated multifamily development located in the heart of downtown Dillon, Colorado, just minutes from four world-class ski...

FTX Trading Ltd. (d.b.a. FTX.com), and its affiliated debtors (together, the "FTX Debtors"), today announced the filing of its initial Plan of Reorganization (the "Plan") and related Term Sheet (the "Term Sheet") with the U.S. Bankruptcy Court. ...

The Teamsters Union was served legal notice today that Yellow Corp. is ceasing operations and filing for bankruptcy.   "Today's news...

Venator Materials PLC ("Venator" or the "Company") , a global manufacturer and marketer of chemical products, today announced that the U.S. Bankruptcy Court for the Southern District of Texas (the "Court") has confirmed the Company's Plan of...

Williams Industrial Services Group Inc. (the "Company"), a leading provider of infrastructure related services to blue-chip customers in energy and industrial end markets, including a broad range of construction maintenance, modification, and...

The 134th China Import and Export Fair ("Canton Fair" or "the Fair") is scheduled to be held both onsite and online in a merged format on October 15, boasting new highlights and features with optimized exhibition sections that adapted to global...

Sorrento Therapeutics, Inc. , a biopharmaceutical company dedicated to the development of life-saving therapeutics to treat cancer, intractable pain, and infectious disease, today announced that, in connection with its ongoing chapter 11 case, the...

ViewRay, Inc. announced today that it and certain of its subsidiaries (collectively, "the Company") filed voluntary petitions for relief (the "Petitions") under Chapter 11 of Title 11 the U.S. Bankruptcy Code ("Chapter 11") in the United States...

Diebold Nixdorf today announced that the U.S. Bankruptcy Court in the Southern District of Texas has confirmed the company's plan of reorganization related to its comprehensive debt restructuring. This confirmation is one of the final steps in...

Leerink Partners today announced that the U.S. Bankruptcy Judge overseeing SVB Financial Group's Chapter 11 proceeding has entered an order formally approving the management buyout of the investment bank from SVB Financial Group. The investment bank...

BW Industries, Inc today announced the Company and its subsidiaries, Bitwise Industries, BWRD, LLC, Alpha Works, and Bruce's Bagels, have filed a voluntary petition for relief under Chapter 7 of the U.S. Bankruptcy Code. The filing with the U.S....

Lordstown Motors Corp. , ("Lordstown" or the "Company"), today announced that the United States Bankruptcy Court for the District of Delaware (the "Court") entered orders (or indicated it would enter orders) granting approval, on an interim or final...

Lordstown Motors Corp. , ("Lordstown" or the "Company"), an original equipment manufacturer...

Swarmio Media Holdings Inc. (GR: U5U) ("Swarmio" or "the Company"), announces today that further to its press release dated June 21, 2023, the Company and its subsidiaries, Swarmio Inc., and Swarmio Media Inc. (collectively, the "Swarmio Group")...

SQI Diagnostics Inc. ("SQI" or the "Company")  today announced that the Company's board of directors (the "Board") has received a notice of intention (the "Notice") to enforce security issued by its senior secured creditor, Pivot Financial I Limited...

Sorrento Therapeutics, Inc. , a biopharmaceutical company dedicated to the development of life-saving therapeutics to treat cancer, intractable pain, and infectious disease, today announced that, in connection with its ongoing chapter 11 case, the...

Instant Brands (the "Company"), maker of consumer favorites like Instant Pot®, Corelle®, Pyrex®, Snapware®, CorningWare®, Visions® and Chicago Cutlery®, today announced that is has received approvals...

McCarthy Law, a national consumer law firm, announced a $50,000 giveaway to help pay off someone's debt. The law firm is committed to helping individuals struggling with debt, and this giveaway is an extension of that commitment as well as a way to...

Instant Brands (the "Company"), maker of consumer favorites like Instant Pot®, Corelle®, Pyrex®, Snapware®, CorningWare®,...

Hilco Real Estate, LLC announces July 12, 2023, as the qualified bid deadline for the Chapter 11 bankruptcy sale of this turnkey ice-skating complex in Sherwood, Oregon. Well located along the Southwest Pacific Highway, 16 miles outside of Portland,...

Hilco Real Estate, LLC announces July 18, 2023, as the bid deadline for the bankruptcy sale of this prime multifamily development parcel in Bastrop, Texas....

A&G Real Estate Partners is entertaining offers on 49 David's Bridal leases across the United States?transactions that must be presented for bankruptcy court approval by June 30. "Interested retailers and landlords need to act now to seize these...

GenesisCare (or the "Company"), a leading integrated cancer care provider in the United States, Australia, Spain, and the United Kingdom, announced a comprehensive transformation process...

The buzz about a potential recession has been overpowered lately by talk about a related warning signal - delinquent payments. TransUnion predicts that over the course of 2023, serious credit card delinquencies will rise by 24% to levels not seen...

Hilco Real Estate, LLC announces July 13, 2023, as the qualified bid deadline for the bankruptcy sale of this city-approved luxury condominium development in the fast-growing city of Desert Hot Springs, Calif....