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Chapter 11 Bankruptcy
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Quirky Files for Chapter 11 Bankruptcy Protection, to Sell Smart Home Platform
Oct 14, 2015Quirky (“Quirky”) and its affiliates (together, the “Company”) announced today that it filed a voluntarily petition under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern ...
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Major Company Restructure Market Trends Will Continue Throughout The Year
Dec 24, 2014In late 2013, LEDinside team forecasted major company restructure market trends will continue throughout the year. The trend has been consistent in 2014, as more lighting manufacturers take necessary restructure measures to remain ...
Tags: LED component, LED light
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Tactical Holdings Has Filed a Chapter 11 Bankruptcy Petition in U.S. Bankruptcy Court
Aug 15, 2014Tactical Holdings, a major supplier of military footwear, has filed a Chapter 11 Bankruptcy Petition in U.S. Bankruptcy Court in the District of Delaware, and is seeking a quick sale of its businesses. The company’s footwear ...
Tags: Tactical Holdings, Bankruptcy Petition, Sporting Goods
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AB Group Restored Iron Ore Mine Back to Production to Supply The Steel Industry
May 15, 2014Stockholm-listed Dannemora Mineral AB, the group that restored the Dannemora iron ore mine in the southeast of Sweden back to production to supply the steel industry, said Tuesday it had applied for a Swedish version of Chapter 11 ...
Tags: Iron Ore, Steel Industry
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The Landree Underground Steam Coal Mine in Southern Indiana Is Back in Production
Apr 25, 2014The Landree underground steam coal mine in southern Indiana is back in production and its new owners intend to resume shipments to Indianapolis Power & Light in May, a company official confirmed Wednesday. "We started running coal last ...
Tags: Steam Coal, coal mine
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Ormet Is Seeking Federal Bankruptcy Court Permission to Sell Another 24,000 Mt
Mar 31, 2014Ormet, as it winds down its aluminum business in the US, is seeking federal bankruptcy court permission to sell another 24,000 mt, plus or minus 5%, of sandy calcined metallurgical-grade alumina to Swiss commodities trader Trafigura AG for ...
Tags: Ormet, Calcined Alumina, aluminum
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Two Colorado Farmers Contaminated Cantaloupe to Interstate Commerce
Jan 17, 2014Two Colorado farmers who pleaded guilty to six counts of introducing contaminated cantaloupe to interstate commerce in one of the deadliest foodborne illness outbreaks in U.S. history have asked a federal judge for probation sentences. ...
Tags: Agriculture, Food
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Amcor to Purchase The US Business of Constar International Supplies Plastic Bottles
Dec 23, 2013Plastic packaging manufacturer Amcor has signed a deal to purchase the US business of Constar International, which supplies plastic bottles. Constar interim CEO Louis Imbrogno, Jr said the transaction with Amcor will allow the company ...
Tags: Amcor, Packaging Business
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Loehmann's Holdings Has Filed for Chapter 11 Bankruptcy Protection for a Third Time
Dec 19, 2013US fashion retailer Loehmann's Holdings has filed for Chapter 11 bankruptcy protection for a third time and said it plans to sell substantially all of its assets. The discount clothing chain filed its bankruptcy petition with the US ...
Tags: Loehmann's, bankruptcy, apparel
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Committee Recovered More Than $140,000 From Former Business Partners of The Alsip
Dec 6, 2013The Official Committee of Unsecured Creditors involved in the Trainor Glass Company bankruptcy case has recently recovered more than $140,000 from former business partners of the Alsip, Ill.-based glazing company in an effort to repay ...
Tags: Construction, Decoration, Glass
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GateHouse Media Has Emerged From Prepackaged Chapter 11 Bankruptcy Proceedings
Nov 28, 2013GateHouse Media Inc. and certain of its subsidiaries have emerged from prepackaged chapter 11 bankruptcy proceedings in the United States Bankruptcy Court for the District of Delaware with a substantially de-levered balance sheet, the ...
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Warehouse Filed for Chapter 11 Bankruptcy Protection to Close All But One of Its 10 Stores
Nov 26, 2013Designer Furniture Warehouse here has filed for Chapter 11 bankruptcy protection with plans to close all but one of its 10 stores. In its petition filed Nov. 13, the retailer listed assets and debts both in the $1 million to $10 million ...
Tags: Ohio, retailer, designer, Furniture Warehouse
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Fisker Automotive Has Officially Filed for Bankruptcy
Nov 26, 2013Fisker Automotive has officially filed for bankruptcy on the back of the Californian car maker’s sale to investment group Hybrid Technology. After several attempts to rescue the company, Fisker filed for Chapter 11 bankruptcy on ...
Tags: Fisker, automotive, file, bankruptcy
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Furniture Brands International Has Received Court Approval
Sep 16, 2013Furniture Brands International has received court approval that will allow it to continue to pay its bills and meet other obligations involving the servicing of accounts. The company announced Thursday that its motions filed Sept. 9 as ...
Tags: Furniture, Furnishing
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A New Potential Bidder for Furniture Brands Emerged at a Bankruptcy Hearing
Sep 13, 2013A new potential bidder for Furniture Brands International assets, which would include the purchase of the company's Lane business, emerged at a bankruptcy hearing here Wednesday, the Wall Street Journal reported. KPS Capital Partners, a ...
Tags: Furniture, Furnishing