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Rupari Food to Divest Most Assets to Carl Buddig Subsidiary
Apr 12, 2017Barbequed meats manufacturer Rupari Food Services has agreed to divest almost all of its assets to a subsidiary of Carl Buddig and Company. The sale of the company is a natural next step for Rupari Food Services, who had been seeking a ...
Tags: Rupari Food, meats
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Pacific Sunwear Files for Bankruptcy
Apr 11, 2016Pacific Sunwear of California, Inc. entered into a restructuring support agreement (RSA) with affiliates of Golden Gate Capital, the holder of its secured term loan provider under the company's financing facilities. In conjunction with the ...
Tags: Pacific Sunwear, RSA, Golden Gate Capital, 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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Karmaloop Begun a Formal Restructuring and Set a Sales Auction Process
Mar 27, 2015Karmaloop Inc., a 15 year-old online retailer specializing in streetwear, action sports and music-inspired clothing for 18-35 year old males, has begun a formal restructuring and set a sales auction process. The restructuring and new ...
Tags: Karmaloop Inc, Brand val, Sporting Goods
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RPM's Net Sales of $1.07 Billion Flat Compared to Last Year
Jan 8, 2015RPM International Inc. reported a 10 percent increase in net income and an 8 percent increase in earnings per diluted share on flat sales for its fiscal 2015 second quarter ended November 30, 2014. Second-Quarter Results Net sales of ...
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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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Seneca Has Entered Into Purchase Agreement to Acquire All The Operating Assets of Allens
Dec 19, 2013Seneca Foods Corporation confirmed that it has entered into an Asset Purchase Agreement (the "Purchase Agreement") to acquire substantially all the operating assets of Allens, Inc. ("Allens") for a purchase price of approximately $148.0 ...
Tags: Seneca Foods, Food
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Majority Acquisition of Shelburne Plastics Were Completed by Consolidated Container
Dec 9, 2013Consolidated Container has completed majority acquisition of various assets of Shelburne Plastics including Plastic Technologies of Vermont, Plastic Technologies of Maryland and Plastic Technologies of New York. The transaction for these ...
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iGPS Announces That It Has Reached an Agreement with iGPS Logistics LLC
Jun 8, 2013iGPS Company LLC, operator and owner of the largest global pallet rental pool of lightweight, 100% recyclable plastic platforms with embedded RFID tags, today announced that it has reached an agreement for the sale of substantially all of ...
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The US Bankruptcy Court Issued an Opinion Estimating Current and Future Asbestos Claims
May 24, 2013RPM International Inc. has reported that the U.S. Bankruptcy Court for the District of Delaware has issued an opinion estimating the current and future asbestos claims associated with Bondex International, Inc. and Specialty Products ...
Tags: Construction, Asbestos Proceeding
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Lyon a Joint Venture Between Newly-Formed Lyon Capital Partners
May 13, 2013Lyon announced today that on May 7th, a joint venture between newly-formed Lyon Capital Partners, LLC, (formerly Echelon Capital) and Revere Finance closed on the acquisition of substantially all of the assets of Lyon Workspace Products, ...
Tags: Lyon, Processing Machinery
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HOUSTON-Houston-Based Hi-Way Equipment Company LLC Have Filed for Bankruptcy
Apr 11, 2013Houston, Texas, United States of America (Free-Press-Release.com) April 2, 2013 -- HOUSTON – Houston-based Hi-Way Equipment Company LLC, along with Hi-Way Holdings LLC and HWE Real Estate LLC, reported today that they have filed ...
Tags: IH equipment, Hi-Way Equipment
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Gulistan Carpet Has Filed a Voluntary Petition for Reorganization
Jan 31, 2013Residential and commercial tufted carpet manufacturer Gulistan Carpet Inc., Aberdeen, N.C., has filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code for the Middle District of North Carolina. The ...
Tags: tufted carpet, Gulistan Carpet, company news
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Gulistan Carpet Has Filed a Voluntary Petition
Jan 10, 2013Gulistan Carpet — an Aberdeen, N.C.-based manufacturer of residential and commercial tufted carpets — has filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code for the Middle District of ...
Tags: tufted carpets, Gulistan Carpet, carpet, company news
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Salus Capital Announced It Has Provided a $65 Million DIP Credit Facility to HMX Group
Nov 30, 2012Salus Capital Partners, LLC announced it has provided a $65 million Debtor-in-Possession (DIP) Credit Facility to HMX Group, a leading designer, manufacturer, and marketer of men’s and women’s business and leisure apparel. The ...
Tags: LLC, HMX, leisure apparel, business appare, DIP financing