News by subject: BCY

As previously disclosed, on November 30, 2022, Winc, Inc. (the "Company") and its subsidiaries initiated voluntary chapter 11 proceedings (collectively, the "Chapter 11 Cases") in the U.S. Bankruptcy Court for the District of Delaware (the...

PrairieFire today announced the successful completion of its acquisition of Front Sight from Chapter 11 bankruptcy, which is the first step in creating the "Home of American Shooting" in Pahrump, Nevada. The United States Bankruptcy Court approved...

Altimeter Growth Corp. 2 (the "Company") announced the following today: The Company anticipates that the Company cannot consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of...

Reverse Mortgage Investment Trust Inc. ("RMIT" or "the Company") and certain of its subsidiaries today announced that the Company has filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the District of Delaware as it seeks to...

The INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF) ("INX"), a broker-dealer and inter-dealer broker, announced today that it has submitted a bid, in the form of a non-binding Letter of Intent, to purchase assets of Voyager Digital...

FTX Trading Ltd. (d.b.a. FTX.com), and approximately 101 additional affiliated companies (together, the "FTX Debtors"), today announced that most FTX subsidiaries around the world are resuming ordinary course payment of salary and benefits to...

FTX Trading Ltd. (d.b.a. FTX.com), and approximately 101 additional affiliated companies (together, the "FTX Debtors"), today announced that the U.S. Bankruptcy Court for the District of Delaware (the "Delaware Federal Court") granted interim and...

FTX Trading Ltd. (d.b.a. FTX.com), and approximately 101 additional affiliated companies (together, the "FTX Debtors"), today announced that as a part of the Chapter 11 process, they are launching a strategic review of their global assets to begin...

Pembina Pipeline Corporation ("Pembina" or the "Company") announced today that Pembina and certain of its wholly-owned affiliates have entered into a settlement agreement (the "Settlement Agreement") with Ruby Pipeline LLC ("Ruby"). The terms of...

FTX Trading Ltd. (d.b.a. FTX.com), and approximately 101 additional affiliated companies (together, "FTX Group"), today noted that filing voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court...

Lex Machina, a LexisNexis company, today releases its Bankruptcy Report. The report examines trends in Chapter 11 bankruptcy proceedings, which include the entire dockets in any bankruptcy proceeding filed in a United States Bankruptcy Court under...

William (Bill) J. Mayer, a senior finance industry executive responsible for generating billions of dollars in growth during his 33 years at Wells Fargo and GE Capital, has joined Tiger Group as Executive Managing Director. He will focus on business...

Elizabeth Pagliarini, COO/CFO of Summit Healthcare REIT, Inc. ("Summit") participated in the 2022 American Bankruptcy Institute Health Care Program held in Nashville, Tennessee on October 27 and 28, 2022. This unique event, the third of its kind,...

The Key Differences Between Chapter 11 and Chapter 7 Two different chapters of the Bankruptcy Code, Chapter 7 and Chapter 11, are alternative forms of bankruptcy that are both available to individuals and companies facing a dire financial situation....

Trevali Mining Corporation ("Trevali Corp." or the "Company") announced that the Supreme Court of British Columbia (the "Court"), on application of the Company as well as its wholly owned subsidiary Trevali Mining (New Brunswick) Ltd. ("Trevali NB"...

VOTI Detection Inc. (the "Company") announces that the Company and its subsidiary VOTI Inc. (collectively, "VOTI") have filed a Notice of Intention to Make a Proposal ("Notice of Intention") pursuant to the provisions of Part III of the Bankruptcy...

As previously announced, on September 26, 2022, Sugarbud Craft Growers Corp.      , together with its subsidiaries (collectively "Sugarbud")) commenced a restructuring process by filing notices of intention to make a proposal (the "NOI") under the...

Kabbage, Inc. d/b/a KServicing ("KServicing" or the "Company"), a prominent servicer and subservicer of small business Paycheck Protection Program loans ("PPP Loans"), today announced that the Company has voluntarily filed for relief and protections...

In a sale process described by a federal judge as "well-run" and "greatly successful," A&G Real Estate Partners has sold 21 properties in Maryland, Delaware and Florida?all assets formerly owned by the late Zebulon J. and Beatrice Brodie. In the...

- Cineplex Inc. ("Cineplex" or the "Company") provides an update to stakeholders with respect to its claim against Cineworld Group plc ("Cineworld"). As previously discussed in Cineplex's news release issued on September 7, 2022, Cineworld and...

Voyager Digital Ltd. ("Voyager" or the "Company") (FRA: UCD2) announced today that after multiple rounds of bidding in a highly competitive auction process that lasted two weeks, its operating company Voyager Digital LLC, selected West Realm Shires...

Global M&A Network has named A&G Real Estate Partners Co-President Andy Graiser to its 2022 list of "Top 100 Restructuring Professionals." The ninth-annual "Distinction in Deal-Making Award" recognizes "highly respected, successful and innovative"...

Jennifer A. Lewellyn, a 22-year retail veteran with experience in both managing healthy stores and liquidating underperforming locations, has joined Tiger Group as Associate Director of Retail Operations. Based in Pittsburgh, Lewellyn will provide...

Consumers who seek to resolve debts through debt settlement perform better on multiple credit score metrics than consumers who go through Chapter 13 bankruptcy, according to the findings of a new study by the consumer credit data expert Frederic...

American Eagle Delaware Holding Company LLC and certain of its subsidiaries (collectively, "Eagle Senior Living" or the "Company") today announced that they have successfully completed a comprehensive financial reorganization to achieve a more...

The Official Tort Claimants' Committee ("TCC") of the Boy Scouts of America is pleased to announce that on September 8, 2022 the Bankruptcy Court approved the Boy Scouts' chapter 11 plan of reorganization ("Plan"), establishing the overall framework...

Global real estate investment bank Eastdil Secured, L.L.C., and national advisory firm A&G Real Estate Partners have been engaged as exclusive advisors to market The Williamsburg Hotel, a 147-room luxury lifestyle hotel in the heart of Brooklyn's...

Great Panther Mining Limited ("Great Panther" or the "Company"), reports that, with the authorization and approval of its Board of Directors, it has determined to file a notice of intention to make a...

The September 8 court-ordered bankruptcy liquidation of StayMobile's former inventory of computer components is a rare opportunity for student-device repair companies and other buyers with...

Ponderay Industries, LLC is moving forward with plans for a restart of its papermill located in Usk, Washington and has announced it is in advanced negotiations with key industry partners. Idled since bankruptcy in 2020, the papermill has been...

Earlier today, the United States Bankruptcy Court in the Southern District of Indiana declined Aearo Technologies' request for a preliminary injunction to ongoing litigation against 3M related to Combat Arms Earplug Version 2 products. Aearo...

Trevali Mining Corporation ("Trevali Corp." or the "Company") (BVL: TV) announces today that the Company as well as its wholly-owned subsidiary Trevali Mining (New Brunswick) Ltd. ("Trevali NB" and, together with Trevali Corp., "Trevali") have...

Sungard Availability Services (Sungard AS) today announced that, subject to court approval, it has entered into an Asset Purchase Agreement with 365 Data Centers to acquire a majority of its U.S. Colocation and Network business. The transaction with...

Perenco has today successfully frozen all Luxembourg bank accounts used by the Republic of Ecuador to make coupon payments in respect of its 2030, 2035 and 2040 sovereign bonds, raising the possibility of the country defaulting on its bond coupon...

3M today announced it is taking action to resolve litigation related to Combat Arms Earplugs Version 2 ("Combat Arms Earplugs"). Aearo Technologies and related entities ("Aearo Technologies"), all of which are wholly-owned 3M subsidiaries, have...

Landis Rath & Cobb LLP partner Kim Brown and associate Matthew Pierce are program panelists for the American Bar Association's continuing legal education webinar, Bitcoin, Cryptocurrency and Blockchain Technology - An Introduction to a New Asset...

Voyager Digital Ltd. ("Voyager" or...

First Guaranty Mortgage Corp. ("FGMC" or "the Company") today announced that the Company and affiliate Maverick II Holdings, LLC filed for chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware to protect the...

Corsicana Mattress Company and certain of its affiliated entities filed for voluntary reorganization today under Chapter 11 of the U.S. Bankruptcy Code in the Northern District of Texas in Fort Worth. The filing indicated that Corsicana will be...

Car Wash Advisory is excited to announce its partnership with Eric Harrison as he joins as Chief Financial Officer. Eric has built, owned, and operated four successful car washes. In addition, he's achieved successful exits and sales to both Mister...

Electric Last Mile Solutions, Inc. ("ELMS" or "the Company"), a pure-play commercial electric vehicle ("EV") company that has been focused on redefining productivity for the last mile, today announced the Company plans to file for Chapter 7...

TRX®, the global leader in functional training products and world-class training content, today announced that it has initiated a process to identify a new strategic partner to support the Company in executing its future growth strategy.     To...

Hilco Real Estate, LLC announces August 1, 2022 as the deadline for persons interested in acquiring the 5,200± square foot penthouse unit at the top of Lake Point Tower, to submit a bid in the bankruptcy court- approved sale for the property.  Lake...

Premium Audio Company, LLC, ("PAC") a wholly owned subsidiary of VOXX International Corporation , today provided comments regarding Onkyo Home Entertainment...

Pareteum Corporation and certain affiliates (collectively, "Pareteum" or the "Company"), a global cloud Communications-Platform-as-a-Service (CPaaS) company, today announced that the Company filed for...

RA Holding Corp. ("RA Holding" or the "Company") announced today that it has approved a partial redemption of its Class A Preferred Shares issued pursuant to the Second Amended Joint Plan of Reorganization of Arcapita Bank B.S.C.(c) in the amount of...

Cincinnati-based Standard Bariatrics, Inc., an emerging leader in the bariatric surgery medical device field, closed a debt facility on April 27, 2022, with Silicon Valley Bank (SVB). The debt facility provides $7 million in term loans of which the...

Two older investors, both retired and on disability, have filed a FINRA arbitration claim against brokerage firm Centaurus Financial over losses they sustained from purchasing GWG L Bonds. ...

A&G Real Estate Partners is now accepting bids for its June 14 bankruptcy auction of more than 50 properties in and around Manhattan, Kansas. The assets include several development sites...

Clearford Water Systems Inc. ("Clearford" or the "Company") announces that on April 28, 2022 it filed a Notice of Intention to Make a Proposal ("Notice") pursuant to the provisions of Part III of the Bankruptcy and Insolvency Act (Canada) (the...