News by subject: BCY

The Takata Tort Compensation Trust Fund has taken legal action against one of Takata's Japanese insurance companies, Tokio Marine & Nichido Fire Insurance Co., Ltd., to enforce Takata's Chapter 11 Plan of Reorganization and Confirmation Order and...

Libbey Inc. ("Libbey" or the "Company"), one of the world's largest glass tableware manufacturers, filed an Amended Plan of Reorganization (the "Plan") and a related Disclosure Statement today in the U.S. Bankruptcy Court for the District of...

On August 12, 2020, Stein Mart filed for Chapter 11 reorganization and authorized going out of business sales by a joint venture comprising Gordon Brothers, Hilco Merchant Resources, Tiger Capital Group, B. Riley Financial's Great American Group and...

With the ever-growing list of businesses filing for bankruptcy, it's only a matter of time before the number of personal bankruptcies jump to record levels. "We are seeing a steady increase of calls to our offices across the country from clients...

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

On August 2, 2020, Le Tote, Inc. and certain of its subsidiaries including Lord & Taylor LLC (together, the "Company") filed for Chapter 11 reorganization in the United States Bankruptcy Court for the Eastern District of Virginia.  The Company will...

Longview Power (the "Company") emerged from bankruptcy on July 31th strategically positioned to build on its record as a low cost, highly reliable and clean coal fired power plant by expanding into a multi-fuel "all of the above" power producer.  The...

Park National Corp. will replace Denbury Resources Inc. in the S&P SmallCap 600 effective prior to the opening of trading on Monday, August 3. Denbury Resources is filing for bankruptcy protection and is ineligible for continued inclusion the in...

Grupo Aeromexico S.A.B. de C.V. ("Aeromexico") (BMV: AEROMEX), today reported its unaudited consolidated results for the second quarter 2020. KEY FINANCIAL HIGHLIGHTS FOR THE SECOND QUARTER 2020 Aeromexico announced on June 30th that it and certain...

Sunniva Inc. ("Sunniva", the "Company", "we", or "our")  makes this announcement as an update to the press release dated May 14, 2020 in respect of the action (the "Action") commenced by Matrix Venture Capital Management Inc. ("Matrix") seeking a...

McClatchy  announced today that it filed an asset purchase agreement with the U.S. Bankruptcy Court, formalizing the details of Chatham Asset Management's ("Chatham") successful bid for ownership of McClatchy in the Chapter 11 sale process. The...

Exide Technologies, LLC ("Exide" or the "Company"), a global provider of stored energy solutions, today announced the successful conclusion of its auction for its Americas business, held as part of its court-supervised sale process, with the...

Bruin E&P Partners, LLC and its subsidiaries ("Bruin" or the "Company"), an exploration and production company with assets in the Williston Basin, North Dakota, today announced that it has the support of more than two-thirds of all its funded debt...

The Liquidation Sale will begin immediately from five of Toys, Toys, Toys stores located in Vaughan Mills, Square One Shopping Centre, Erin Mills Town Centre, Scarborough Town Centre, & Oshawa Centre.  This liquidation sale includes a huge selection...

Lucky Brand Dungarees, LLC ("Lucky Brand" or the "Company"), the Los Angeles based designer and retailer of iconic American denim and apparel announced today that it has entered into a stalking horse asset purchase agreement with SPARC Group LLC...

Chesapeake Energy Corporation today announced that the U.S. Bankruptcy Court for the Southern District of Texas ("the Court") has approved the Company's motions seeking a variety of "first-day" relief, including authority to pay owner royalties,...

Chesapeake Energy Corporation today announced that the Company has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas ("the Court") to facilitate a comprehensive balance sheet restructuring....

GNC Holdings, Inc.  (the "Company"), a leading global health and wellness brand, today announced that the Company, certain of its North American entities, certain of its secured lenders, and key stakeholders have reached an agreement to pursue a...

ChineseInvestors.com, Inc. ("CIIX" or "the Company"), an established financial news and investment portal, and a leading industrial hemp retailer for the Chinese-speaking community, today announced that it has commenced a voluntary restructuring...

The majority bondholders for the Clare Oaks retirement community today shared their plans to keep residents in their homes and protect the senior citizens' financial investments in the continuing care retirement community.  Clare Oaks filed for...

Hilco Real Estate, LLC in cooperation with Advanced Restaurant Sales, announces July 10, 2020 as the bid deadline for the court-ordered bankruptcy sale of properties belonging to the popular Tex-Mex restaurant chain, Trudy's. All four properties...

Neiman Marcus Group LTD LLC (the "Company") today announced that it has received approval from the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division to access debtor-in-possession ("DIP") financing, including the immediate...

Pyxus International, Inc. ("Pyxus" or "the Company")...

A Panel of the Ontario Securities Commission (OSC) has authorized the publication of an investigative report, in the form of a review by OSC Staff, of the crypto asset trading platform QuadrigaCX (Quadriga). The collapse of Quadriga in 2019 caused...

On June 16, 2020, in an effort to protect financial and continuing-care guarantees to its residents, Clare Oaks, a senior living community near Chicago, will formally oppose a reorganization plan proposed by its bondholders. The virtual hearing will...

Vista Proppants and Logistics, LLC and its subsidiaries (collectively, "Vista" or the "Company"), announced today that they have commenced cases for a voluntary reorganization under Chapter 11 of the U.S. Bankruptcy Code in the United States...

Libbey Inc. ("Libbey" or the "Company"), one of the world's largest glass tableware manufacturers, today announced that all "first day" motions related to the Company's voluntary Chapter 11 petitions for reorganization filed on June 1, 2020, have...

Pace Industries, LLC ("the Company") today announced that it has emerged from Chapter 11 bankruptcy protection, successfully completing its financial restructuring plan to deleverage the Company's balance sheet and create a sustainable capital...

Pioneer Energy Services Corp. ("Pioneer" or "the Company") announced today that it has emerged from Chapter 11 bankruptcy protection, successfully completing its debt restructuring process and implementing the Chapter 11 reorganization plan confirmed...

Libbey Inc. ("Libbey" or the "Company"), one of the world's largest glass tableware manufacturers, today announced that the Company and its U.S.-based subsidiaries have filed voluntary petitions for a court-supervised reorganization under Chapter 11...

LVI Intermediate and 17 of its affiliates including the Laser Vision Institute and TLC Laser Eye Center brands, doing business as Vision Group Holdings, today filed for voluntary protection from creditors in Delaware under Chapter 11 of the U.S....

Longview Power (the "Company") achieved an important milestone on May 22nd when Judge Shannon of the United States Bankruptcy Court for the District of Delaware issued an order confirming the Company's prepackaged chapter 11 plan of reorganization...

LATAM Airlines Group S.A. ("LATAM") and its affiliates in Chile, Peru, Colombia, Ecuador and the United States today initiated a voluntary reorganization and restructuring of their debt under Chapter 11 protection in the United States with the...

Hertz Global Holdings, Inc. ("Hertz" or the "Company") today announced it and certain of its U.S. and Canadian subsidiaries have filed voluntary...

Exide Technologies ("Exide" or the "Company"), a global provider of stored energy solutions, today announced that customary first day motions to help facilitate continued operations in the ordinary course of business while the Company operates in...

Akorn, Inc. , a leading specialty pharmaceutical company ("Akorn" or the "Company"), today announced that the Company and its U.S. subsidiaries filed for voluntary protection under Chapter 11 ("Chapter 11") of the U.S. Bankruptcy Code in United...

Exide Technologies ("Exide" or the "Company"), a global provider of stored energy solutions, today announced a comprehensive strategy to best position its businesses in North America, EMEA, and Asia-Pacific to benefit its employees, customers,...

Learn how invoice factoring is complimentary to DIP financing request and how it is becoming more popular with certain industries. 1st Commercial Credit has contracted seasoned bankruptcy attorneys to expedite DIP Financing request with an average...

Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us")  has become aware that it has been named in an action (the "Action") commenced by Matrix Venture Capital Management Inc. ("Matrix") whereby Matrix has filed a Notice of Motion (the "Notice...

Avianca Holdings S.A. (the "Company" or "Avianca") today announced that all...

Avianca Holdings S.A.  (the "Company" or "Avianca") and certain of its subsidiaries and affiliates today filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New...

Neiman Marcus Group LTD LLC (the "Company") today announced that it has received interim approval from the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division for all of the first day motions related to its voluntary Chapter 11...

Major travel suppliers, including Norwegian Cruise Line, Virgin Atlantic, and Virgin Australia, have reported potential bankruptcy filings, resulting from COVID-19. As business closures become imminent, travel insurance comparison site,...

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...

Neiman Marcus Group LTD LLC (the "Company") today announced that it has entered into a Restructuring Support Agreement ("RSA") with a significant majority of its creditors to undergo a financial restructuring, substantially reducing its debt load and...

Techniplas, LLC (the "Company"), a provider of highly engineered technical solutions to the automotive, transportation, and industrial markets, today announced that it has entered into an agreement with a group of noteholders holding approximately...

J.Crew Group, Inc. ("J.Crew Group" or the "Company") today announced that the U.S. Bankruptcy Court for the Eastern District of Virginia has granted the Company interim approval for all of the first day motions related to its Chapter 11...

J.Crew Group, Inc. ("J.Crew Group" or the "Company") today announced it has reached an agreement with its lenders holding approximately 71% of its Term Loan and approximately 78% of its IPCo Notes, as well as with its financial sponsors, under which...

The following is being issued by Prime Clerk, the court-appointed claims and noticing agent. This is a reminder that Tuesday, June 30, 2020, at 5:00 p.m. (Prevailing Eastern Time) is the deadline or bar date for filing claims in the bankruptcy of...

Wave Computing, Inc. ("Wave" or "the Company"), the processor technology company focused on the fields of AI and deep learning, along with its subsidiaries, today announced that it has filed voluntary petitions for relief under Chapter 11 of the...