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Preview: Bankruptcy

PR Newswire: Bankruptcy

Press Releases from PR Newswire about Bankruptcy

Published: Fri, 28 Apr 2017 15:43:49 EDT

Last Build Date: Wed, 26 Apr 2017 14:07:00 EDT


Solar Spectrum Acquires Certain Assets from Sungevity

Wed, 26 Apr 2017 14:07:00 EDT

(image) OAKLAND, Calif., April 26, 2017 /PRNewswire/ -- Solar Spectrum, a new company backed by an investment group led by Minnesota-based private equity firm Northern Pacific Group, today announced that it has acquired certain assets of Sungevity, Inc. as part of a bankruptcy court-approved...

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Westinghouse Chapter 11 Filing Roils Labor Markets in Georgia and Beyond, an Industrial Info News Alert

Tue, 25 Apr 2017 07:30:00 EDT

(image) SUGAR LAND, Texas, April 25, 2017 /PRNewswire/ -- Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--When Westinghouse Electric Corporation LLC (Cranberry Township, Pennsylvania) filed for Chapter 11 bankruptcy protection March 29, it triggered a cascading series of...

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Adams Resources Announces The Conclusion Of Strategic Alternatives Related To Its Exploration And Production Subsidiary

Thu, 20 Apr 2017 17:20:00 EDT

HOUSTON, April 20, 2017 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE MKT: AE) (the "Company") announced that it has concluded its review of strategic alternatives related to the Company's exploration and production subsidiary, Adams Resources Exploration Corporation ("AREC"). ...

Halt Medical, Inc. Agrees to be Acquired

Thu, 13 Apr 2017 07:00:00 EDT

(image) BRENTWOOD, Calif., April 13, 2017 /PRNewswire/ -- Halt Medical, Inc. ("Halt Medical" or the "Company"), a privately held medical device company that develops minimally invasive, uterine-sparing solutions for women who suffer from symptomatic fibroids, announced today that it has filed for...

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Unilife Files for Chapter 11 Protection

Wed, 12 Apr 2017 09:17:00 EDT

(image) KING OF PRUSSIA, Pa., April 12, 2017 /PRNewswire/ -- Unilife Corporation ("Unilife" and together with its domestic subsidiaries, the "Company") (NASDAQ: UNIS; ASX: UNS) today announced that it has commenced a formal proceeding to restructure its balance sheet or to sell its assets as...

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Rupari Food Services Signs Sale Purchase Agreement with Buddig Affiliate

Mon, 10 Apr 2017 20:40:00 EDT

(image) SOUTH HOLLAND, Ill., April 10, 2017 /PRNewswire/ -- Rupari Food Services, a leading producer of branded and private label restaurant-quality barbequed meats, including Tony Roma's® and Butcher's Prime® retail brands, announced today that it has reached a definitive agreement for the sale...

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Ciber Files For Chapter 11 Protection And Secures $41 Million In DIP Financing To Fund Ongoing Operations During Process And Agree To An Asset Purchase Agreement With Capgemini America

Mon, 10 Apr 2017 10:51:00 EDT

(image) GREENWOOD VILLAGE, Colo., April 10, 2017 /PRNewswire/ -- Ciber, Inc. (NYSE: CBR), a leading global information technology consulting, services and outsourcing company, today announced that it and certain U.S. subsidiaries filed voluntary petitions seeking relief under Chapter 11 of the...

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Payless ShoeSource Implements Path Forward to Enhance Company's Growth Profile and Profitability

Tue, 04 Apr 2017 15:14:00 EDT

(image) TOPEKA, Kan., April 4, 2017 /PRNewswire/ -- Payless ShoeSource ("Payless," "the Company"), the largest specialty family footwear retailer in the Western Hemisphere, offering a range of everyday and special occasion shoes and accessory items at affordable prices, announced today that it...

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Peabody Emerges From Chapter 11 Protection, To List On New York Stock Exchange Under Ticker Symbol NYSE: BTU

Mon, 03 Apr 2017 16:07:00 EDT

(image) ST. LOUIS, April 3, 2017 /PRNewswire/ -- Peabody announced today that it has emerged from Chapter 11 protection with a transformed capital structure, including new equity that is expected to begin trading tomorrow on the New York Stock Exchange under the ticker symbol BTU. "We...

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Bankruptcy of The Sam Bass Collection to be offered at Public Auction

Fri, 31 Mar 2017 14:33:00 EDT

(image) ROCKINGHAM, N.C., March 31, 2017 /PRNewswire/ -- It was announced today that The Sam Bass Collection will be offered at Public Auction on Wednesday, May 3, 2017. Mr. Sam Bass is the first Officially Licensed artist of NASCAR and has amassed a huge collection of Original Sam Bass Artwork,...

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Hilco Real Estate Announces Bankruptcy Sale Of 69,000 SF Refrigerated Distribution Warehouse Along Interstate 74

Wed, 29 Mar 2017 08:51:00 EDT

(image) NORTHBROOK, lll., March 29, 2017 /PRNewswire/ -- Hilco Real Estate, LLC announces the upcoming bankruptcy sale of a 69,000 SF refrigerated distribution warehouse in Tilton, IL. The property is ideally located along Interstate 74 just east of Champaign, IL, which places the property within...

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SCANA Corporation to Hold Analyst Call on March 29, 2017 to Discuss Plans to Continue Work on the New Nuclear Project during a Transition and Evaluation Period

Wed, 29 Mar 2017 07:11:00 EDT

(image) CAYCE, S.C., March 29, 2017 /PRNewswire/ -- SCANA Corporation (SCANA) (NYSE:SCG), today provided an update with regard to the impact of the Chapter 11 filing of Westinghouse Electric Company, LLC (WEC) on the new nuclear project at the V.C. Summer Nuclear Station.  South Carolina Electric...

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Toisa Limited Announces Approval of Use of Cash Collateral

Tue, 21 Mar 2017 10:27:00 EDT

NEW YORK, March 21, 2017 /PRNewswire/ -- Toisa Limited announced today that it received Bankruptcy Court approval for the use of cash collateral secured by two of its major lenders, Citibank N.A. and Credit Agricole Corporate and Investment Bank at a March 17th hearing. Credit...

SquareTwo Financial Announces Portfolio Asset Sale To Resurgent Holdings And Court Supervised Business Restructuring

Sun, 19 Mar 2017 19:57:00 EDT

DENVER, March 19, 2017 /PRNewswire/ -- SquareTwo Financial Services today announced it reached an agreement with Resurgent Holdings LLC under which Resurgent or one or more of its subsidiaries or affiliates will acquire substantially all of SquareTwo's portfolio of assets. The acquisition...

WMI Liquidating Trust Issues Statement On Escrow CUSIPS

Thu, 16 Mar 2017 17:30:00 EDT

(image) SEATTLE, March 16, 2017 /PRNewswire/ -- WMI Liquidating Trust (the "Trust"), formed pursuant to the confirmed Seventh Amended Joint Plan of Affiliated Debtors under Chapter 11 of the United States Bankruptcy Code (as modified, the "Plan") of Washington Mutual, Inc. ("WMI"), today issued a...

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Ultra Petroleum Announces 2017 Capital Investment Program And Financial And Operational Guidance

Wed, 15 Mar 2017 16:15:00 EDT

(image) HOUSTON, March 15, 2017 /PRNewswire/ -- Ultra Petroleum Corp. ("Ultra") (OTC: UPLMQ) announced its capital investment program and financial and operational guidance for 2017. The company's Board of Directors approved the planned 2017 drilling and completion capital budget of $500.0...

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Sungevity, Inc. Announces Plan To Strengthen Balance Sheet And Restructure Company

Mon, 13 Mar 2017 19:13:00 EDT

(image) OAKLAND, Calif., March 13, 2017 /PRNewswire/ -- Sungevity, Inc. ("Sungevity"), a technology-driven solutions provider, offering exceptional service and choice to residential and commercial solar energy customers, today announced that it has commenced voluntary Chapter 11 proceedings in...

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Aquion Energy, Inc. Files Voluntary Petition Under Chapter 11 to Target a Sale of Assets

Wed, 08 Mar 2017 11:41:00 EST

(image) PITTSBURGH, March 8, 2017 /PRNewswire/ -- Aquion Energy Inc. ("Aquion" or the "Company"), the developer and manufacturer of Aqueous Hybrid Ion (AHI™) batteries and energy storage systems, announced today that it has filed a voluntary petition under Chapter 11 of the United States...

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Contura Increases Export Capacity Through Strategic DTA Ownership Transaction

Tue, 07 Mar 2017 16:05:00 EST

(image) BRISTOL, Tenn., March 7, 2017 /PRNewswire/ -- Contura Energy, Inc., a leading U.S. coal supplier, today announced its successful bid to significantly increase the company's ownership stake in Dominion Terminal Associates (DTA), a world-class coal export facility located in Newport News,...

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International Shipholding Corporation's Plan of Reorganization Confirmed by Bankruptcy Court

Mon, 06 Mar 2017 18:18:00 EST

NEW ORLEANS, March 6, 2017 /PRNewswire/ -- International Shipholding Corporation (the "Company") completed an important step towards emergence from bankruptcy with the confirmation of its chapter 11 plan of reorganization (the "Plan") by the U.S. Bankruptcy Court for the Southern District...