Two long and specialty steel producers in Brazil filed for bankruptcy last week, according to media reports. Both companies belong to the Wilson Santos group. Cisam Siderurgia and Ciafal, located in the cities of Para de Minas and ...
Tags: Brazil, Bankruptcy, Metallurgy
Tactical 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
Elbit Imaging Ltd. announced following its announcement dated June 26, 2014, that Plaza Centers N.V. ("Plaza"), a public company listed on the London Stock Exchange and the Warsaw Stock Exchange in which the Company holds directly and ...
Tags: Elbit, Apparel, Accessories
Big Sister Foods goes into administration New South Wales-based manufacturer of baked goods Big Sister Foods has collapsed, with receivers PPB Advisory now looking for buyers for the food manufacturer. Big Sister Foods, which has been ...
Tags: Big Sister Foods, Cake Maker
March the BPIF responded to an Insolvency Service consultation paper on strengthening the regulatory framework and fee structure for Insolvency Practitioners (IPs). Welcoming the proposed reforms set out in the paper, the BPIF expresses ...
Tags: Office Supplies
Iconic Australian company AWA will meet with creditors on 7 March 2014 after going into administration at the end of February. AWA's board of directors appointed administrators from PPB Advisory on 25 February, and these administrators are ...
Tags: Consumer Electronics, Electronics
Amcor is in the process of acquiring some of the assets of PET pioneer company, Constar International Holdings LLC. Constar goes back to the 1960s and developed the two litre PET soda bottle in the 1980s. Constar has been working its way ...
Tags: Amcor, acquisition, Constar
Hybrid 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
Sad news for the whole industry, says official statement from buying group. Conways Toymaster has given notice of its intent to appoint a proposed administrator. The administrator will review the company's stock and trading position to ...
Tags: Conways Toymaster, appointment, administrator, toy industry
YRC Worldwide Inc. has reached an agreement with some of its creditors to reduce its debt by about $300 million, a move the carrier said is a key to obtaining new concessions from the Teamsters union. As a result of the agreement, YRC's ...
Tags: YRC Worldwide, Teamsters union, reduce debt
The bankrupt Boston-area pharmacy that allegedly made tainted steroid injections which sickened hundreds and killed 64 will compensate victims, officials say. Paul D. Moore, the bankruptcy trustee involved in the negotiations with the ...
Tags: bankrupt Boston-area pharmacy, tainted steroid injections, meningitis
Federal court records show that the Oct. 8 bankruptcy filing by the nation's largest organic peanut butter processor was sparked by Issaquah, WA-based Costco, a membership-based warehouse club, when it unilaterally terminated a deal it had ...
Tags: nation's largest organic peanut butter processor, WA-based Costco
Patriot Coal Corporation announced Thursday its emergence from Chapter 11 as a reorganized company. The Company exits the 18-month restructuring process with a strong balance sheet, competitive cost structure, and streamlined operating ...
Tags: Patriot Coal, Mineral
Consolidated 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 ...
The 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