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Press Releases from PR Newswire about Bankruptcy

Published: Fri, 20 Oct 2017 17:54:15 EDT

Last Build Date: Thu, 19 Oct 2017 14:56:00 EDT


Franchise Services of North America Inc. Announces Reclassification to NEX Board

Thu, 19 Oct 2017 14:56:00 EDT

(image) TSX-V Trading Symbol: FSN RIDGELAND, MS, Oct. 19, 2017 /PRNewswire/ - FRANCHISE SERVICES OF NORTH AMERICA INC. ("FSNA" or the "Company") (FSN.V) today announced that in response to the Company's ongoing bankruptcy in the United Sates, the TSX Venture Exchange ("TSX-V") has moved...

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Vanity Shop to Sell Domain and Vanity® Brand in Ch.11 Auction

Wed, 18 Oct 2017 13:51:00 EDT

(image) NEW YORK, Oct. 18, 2017 /PRNewswire/ -- Vanity Shop of Grand Forks, Inc. is selling its intellectual property assets in a chapter 11 auction.  The assets include its domain names – VANITY.COM, and – and its trademark portfolio – including the Vanity® brand for a...

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Bentham IMF Launches Bankruptcy Funding Platform with Addition of Investment Manager; Hires Corporate Counsel in New York

Mon, 16 Oct 2017 13:23:00 EDT

(image) NEW YORK, Oct. 16, 2017 /PRNewswire/ -- Leading commercial litigation funder Bentham IMF is launching a new bankruptcy litigation funding platform to help debtors, creditors and other stakeholders involved in commercial disputes. The initiative will be led by New York bankruptcy lawyer...

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Caesars Entertainment Announces CEOC's Emergence From Bankruptcy

Fri, 06 Oct 2017 08:43:00 EDT

(image) LAS VEGAS, Oct. 6, 2017 /PRNewswire/ -- Caesars Entertainment Corporation ("Caesars Entertainment" or the "Company") (NASDAQ: CZR) today announced the completion of its previously announced merger with Caesars Acquisition Company ("CAC") and the conclusion of the restructuring of Caesars...

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Geofencing Market by Component, Geofencing Type, Organization Size, Vertical And Region - Global Forecast to 2022

Tue, 03 Oct 2017 18:43:00 EDT

(image) NEW YORK, Oct. 3, 2017 /PRNewswire/ -- Read the full report: global geofencing market is expected to grow from USD 542.7 million in 2017 to USD 1,825.3 million by 2022, at a CAGR of 27.5%. Technological advancements, rise in the use of spatial...

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Appvion Receives Court Approval of First Day Motions to Support Ongoing Operations

Tue, 03 Oct 2017 14:37:00 EDT

(image) APPLETON, Wis., Oct. 3, 2017 /PRNewswire/ -- Appvion, Inc. (the "Company") today announced that it has received approval from the United States Bankruptcy Court for the District of Delaware of all of the first day motions related to its Chapter 11 filing. Collectively, the orders issued by...

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Chapter 11 Filings Decrease in Third Quarter With Exception of Toys "R" Us

Mon, 02 Oct 2017 08:30:00 EDT

(image) NEW YORK, Oct. 2, 2017 /PRNewswire/ -- Bankruptcy decreased in the third quarter as troubled retail companies avoided filing before the holidays, with the exception of Toys "R" Us, which filed for bankruptcy on September 18 with more than $7 billion in liabilities., according to The Deal,...

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Appvion Initiates Process to Restructure Debt and Position Business for Long-Term Success

Sun, 01 Oct 2017 23:37:00 EDT

(image) APPLETON, Wis., Oct. 1, 2017 /PRNewswire/ -- Appvion, Inc. (the "Company") today announced that it and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware to...

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Zetta Jet Receives Court Approval for Chapter 11 Trustee to be Appointed and Permission to Pay Critical Vendors

Fri, 29 Sep 2017 16:25:00 EDT

BURBANK, Calif., Sept. 29, 2017 /PRNewswire/ -- Zetta Jet Pts. Ltd., a global leader in private international, business and luxury air travel, announced today that the U.S. Bankruptcy Court for the Central District of California approved the U.S. Trustee's and its joint request to appoint...

Caesars Entertainment Operating Company, Inc. Announces Preliminary Results of PropCo Equity Election Procedure

Thu, 28 Sep 2017 08:30:00 EDT

LAS VEGAS, Sept. 28, 2017 /PRNewswire/ -- Caesars Entertainment Operating Company, Inc. and its Chapter 11 debtor subsidiaries (collectively, "CEOC") announced the preliminary results of the PropCo Equity Election as described in CEOC's Third Amended Joint Plan of Reorganization Pursuant...

Adeptus Health Plan of Reorganization Confirmed By Court

Wed, 27 Sep 2017 18:36:00 EDT

(image) LEWISVILLE, Texas, Sept. 27, 2017 /PRNewswire/ -- Adeptus Health Inc. (OTC: ADPTQ) (the "Company"), the largest operator of freestanding emergency rooms in the United States, today announced that the U.S. Bankruptcy Court for the Northern District of Texas, Dallas Division (the "Court")...

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Solid Asset Solutions LLC Liquidation Sale of "Alfred Angelo Wedding Gowns & Dresses"

Wed, 27 Sep 2017 09:00:00 EDT

FLORIDA, Sept. 27, 2017 /PRNewswire/ - Alfred Angelo, one of the world's largest manufacturers and retailers of Wedding Dresses, is Bankrupt! With over 60 stores in the United States and 2,500 stores in over 34 countries, Alfred Angelo was the most recognized name in wedding gowns as well...

Marsh Supermarkets Announces Sale Of Intellectual Property And Alcohol Beverage Permits

Tue, 26 Sep 2017 08:38:00 EDT

INDIANAPOLIS, Sept. 26, 2017 /PRNewswire/ -- Marsh Supermarkets, LLC announced today its intentions to sell the remaining Marsh intellectual property assets and the remaining grocery (beer and wine) and drugstore (liquor, beer, and wine) alcohol beverage permits it currently holds....

rue21 Completes Financial Restructuring Process

Fri, 22 Sep 2017 15:21:00 EDT

(image) WARRENDALE, Pa., Sept. 22, 2017 /PRNewswire/ -- rue21, Inc. ("rue21" or the "Company"), a leading teen specialty apparel retailer, today announced that it has completed its financial restructuring and has emerged from the chapter 11 process. Melanie Cox, Chief Executive Officer of...

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Notice from the Peiffer Rosca Wolf Law Firm to Brogdon Bonds Investors Regarding Christopher Brogdon Bankruptcy Filing

Wed, 20 Sep 2017 14:38:00 EDT

(image) CLEVELAND, Sept. 20, 2017 /PRNewswire/ -- On September 15, 2017, Christopher Brogdon ("Brogdon") and his wife Connie Brogdon filed a voluntary petition under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Georgia. Brogdon is currently...

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Toys"R"Us, Inc. Commences Court-Supervised Processes to Implement Financial Restructuring

Mon, 18 Sep 2017 23:38:00 EDT

Files Voluntary Chapter 11 Petitions in U.S. and Intends to Seek Protection under CCAA in Canada; Operations Outside U.S. and Canada Not Included in Proceedings Toys"R"Us and Babies"R"Us Stores and Web Stores across the World are Open and Continuing to Provide World-Class Experiences...

Zetta Jet Files for Chapter 11 Protection to Implement Debt Restructuring

Mon, 18 Sep 2017 17:35:00 EDT

BURBANK, Calif., Sept. 18, 2017 /PRNewswire/ -- Zetta Jet announced today that on September 15, 2017, Zetta Jet Pte. Ltd and its U.S. subsidiary, Zetta Jet USA, Inc., filed voluntary bankruptcy petitions under Chapter 11 of the U.S. Bankruptcy Code to seek to restructure their debt while...

InfraREIT Announces that Oncor's Parent Company Receives U.S. Bankruptcy Court Approval for Pending Asset Exchange Transaction

Mon, 18 Sep 2017 08:30:00 EDT

(image) DALLAS, Sept. 18, 2017 /PRNewswire/ -- InfraREIT, Inc. (NYSE: HIFR) ("InfraREIT" or the "Company") announced today that the parent company of Oncor Electric Delivery Company LLC ("Oncor") has received approval from the United States Bankruptcy Court for the District of Delaware (the...

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Aerosoles Files Chapter 11 to Implement Operational and Financial Restructuring

Fri, 15 Sep 2017 09:06:00 EDT

EDISON, N.J., Sept. 15, 2017 /PRNewswire/ -- AGI HoldCo, Inc., a multi-channel leading women's footwear brand doing business as Aerosoles, announced today that it, along with certain of its subsidiaries (collectively, "Aerosoles" or the "Company"), have voluntarily filed petitions to...

Ironclad Performance Wear Files for Chapter 11 Bankruptcy Protection with Stalking Horse Bid from Radians

Mon, 11 Sep 2017 06:00:00 EDT

(image) FARMERS BRANCH, Texas, Sept. 11, 2017 /PRNewswire/ -- Ironclad Performance Wear Corporation (OTCQB: ICPW), the recognized leader in high-performance task-specific work gloves, today announced that the Company and its subsidiary filed voluntary petitions under Chapter 11 of the U. S....

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