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Concourse Sports Agrees to Acquire Team Express
Apr 20, 2016Concourse Sports LLC has reached an agreement to acquire Team Express Inc., which filed for bankruptcy protection in mid-December. Concourse will act as the stalking horse bidder in the case and may be outbid at an auction set for May 4. ...
Tags: Concourse Sports, Team Express, Acquisition
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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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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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Hilco and Environmental Liability Transfer Bought The Property for $72 Million in 2012
Aug 12, 2014A federal court filing this week indicated that arrangements are being made to sell a significant portion of the former Sparrows Point steel mill in Baltimore, Maryland. Court documents stated the sale was being prepared for an unnamed ...
Tags: Former Sparrows Point Mill, federal court, Metallurgy, Mineral
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Hybrid Technology Has Bid $55 Million for Fisker Automotive's Assets
Jan 14, 2014Hybrid Technology, led by Hong Kong billionaire Richard Li, has bid $55 million for Fisker Automotive's assets, just days after a bankruptcy judge in Delaware rejected Hybrid's plan to take over the failed electric-vehicle maker in a ...
Tags: Hybrid, Bankrupt Fisker, Bid War
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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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The US Government Made 12,444 Requests for Data About 40,322 Yahoo Users
Sep 10, 2013The US government made 12,444 requests for data about 40,322 Yahoo users, the web firm has revealed in its first annual transparency report. The report marks a more detailed account of what world governments have requested from Yahoo, ...
Tags: Computer Products, software
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Alpine Glass Was Awarded an Arbitration Award Against AAA Insurance Co. for $149,500.57
Aug 21, 2013Alpine Glass of Minneapolis, Minn., has been awarded an arbitration award against AAA Insurance Co. for $149,500.57. The award represents 100 percent of the amount sought through arbitration for short pays from the insurer. Mike Reid, ...
Tags: Glass, Construction, Alpine Glass
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McCarthy Building Cos. Might Soon Reach a Negotiated Settlement in Their Dispute
Aug 19, 2013The Federal Reserve Bank of St. Louis and McCarthy Building Cos. might soon reach a negotiated settlement in their dispute over the allegedly defective windows the building contractor had installed five years ago. The Federal Reserve Bank ...
Tags: McCarthy Building
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Honda Filed a Response to an Amended Class Action Complaint
Jul 19, 2013Honda has filed a response to an amended class action complaint, which alleges some of the automaker's vehicles have defective window regulators. In the case, Grodzitsky versus American Honda Motor Co., the plaintiffs argue the window ...
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Newport Furniture Has Converted Its Case to a Chapter 7 Liquidation Proceeding
Jul 19, 2013Upholstery producer Newport Furniture, which filed for Chapter 11 bankruptcy protection in June, has converted its case to a Chapter 7 liquidation proceeding. The switch was approved by U.S. Bankruptcy Judge Jason Woodard, who ruled that ...
Tags: Furniture, Furnishing
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Glove Manufacturer Glove Coaters Deny That It Had Anything to Do with The Glass Accident
Jul 16, 2013The individual owners of Michigan-based glove manufacturer Glove Coaters Inc. deny that their gloves had anything to do with the glass accident involving a Houston glass employee last year, and are asking a federal judge to deny him any ...
Tags: Glove Company, Glass Injury
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Trisports.COM Filed for Chapter 11 Reorganization, Citing a Downturn in Business Stemming
Jun 21, 2013TUCSON, AZ (BRAIN) — Trisports.com has filed for Chapter 11 reorganization, citing a downturn in business stemming from problems with a new software system, competition from online retailers and the closure of a second retail store in ...
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The IPAT Industry Pension Fund Has Settled Its Suit Filed Last Year Against Alden
Jun 3, 2013The International Painters and Allied Trades Industry Pension Fund (IPAT) has settled its suit filed last year against Alden, N.Y.-based CBO Glass, along with two companies affiliated with CBO, Seneca CBO Glass LLC And South Buffalo Glazing ...
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A Pact Between Nissan and The City of New York for Taxi Program Before US Supreme Court
May 24, 2013A contract between Nissan and the city of New York for a fleet of taxis is before the courts, with a New York Supreme Court Justice ruling that part of the program’s deal is “null, void and unenforceable”. Industry ...
Tags: Nissan, Auto Parts
