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Preview: Bankruptcy

PR Newswire: Bankruptcy

Press Releases from PR Newswire about Bankruptcy

Published: Tue, 28 Feb 2017 12:13:55 EST

Last Build Date: Mon, 27 Feb 2017 15:19:00 EST


Stone Energy Corporation Announces Close of Sale of Appalachia Properties

Mon, 27 Feb 2017 15:19:00 EST

(image) LAFAYETTE, La., Feb. 27, 2017 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) ("Stone" or the "Company") today announced the close of the sale of its Appalachia properties. On February 27, 2017, Stone completed its previously announced disposition of approximately 86,000 net...

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Sycamore Partners Acquires The Limited's Brand and Related Intellectual Property

Fri, 24 Feb 2017 16:30:00 EST

NEW YORK, Feb. 24, 2017 /PRNewswire/ -- Sycamore Partners today announced that it has acquired The Limited's brand and other related intellectual property assets. The intellectual property was purchased through a competitive auction run by The Limited as part of its ongoing Chapter 11...

Toisa Limited Reclaims Control of United Journey in Caribbean

Tue, 21 Feb 2017 17:08:00 EST

NEW YORK, Feb. 21, 2017 /PRNewswire/ -- Toisa Limited announced today that it has regained control of its vessel United Journey, through a negotiated court order with Citibank N.A., which seized the tanker in the Caribbean Netherlands on December 24, 2016.  The Company plans for Unite...

MC Sports To Liquidate All 66 Stores

Fri, 17 Feb 2017 08:00:00 EST

GRAND RAPIDS, Mich., Feb. 17, 2017 /PRNewswire/ -- MC Sports is closing all 66 of its stores across the Midwest, providing shoppers in seven states with significant discounts on over $110 million of top-name sporting goods and apparel brands. A joint venture between Tiger Capital Group and...

Stone Energy Corporation Announces Confirmation of Plan of Reorganization

Wed, 15 Feb 2017 14:50:00 EST

(image) LAFAYETTE, La., Feb. 15, 2017 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) ("Stone" or the "Company") today announced that the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court") issued an order confirming Stone's Second Amended Joint...

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Samson Resources Confirms Global Settlement Joint Plan of Reorganization and Moves Toward Emergence from Chapter 11

Mon, 13 Feb 2017 14:35:00 EST

TULSA, Okla., Feb. 13, 2017 /PRNewswire/ -- Samson Resources Corporation ("Samson" or "the Company") today announced that the U.S. Bankruptcy Court for the District of Delaware has confirmed its global settlement joint plan of reorganization. Samson's settlement plan was overwhelmingly...

International Bondholder Committee Announces Appeals of Dutch Rulings Concerning Oi Brasil Holdings Coöperatief U.A. and Portugal Telecom International Finance B.V.

Fri, 10 Feb 2017 10:33:00 EST

NEW YORK, Feb. 10, 2017 /PRNewswire/ -- The Steering Committee of the International Bondholder Committee announced today that it has appealed last week's decision by the Amsterdam District Court to deny the conversion of the suspension of payments of Oi Brasil Holdings Coöperatief U.A....

Hilco Streambank to Sell Intellectual Property of The Wet Seal, LLC.

Fri, 10 Feb 2017 04:07:00 EST

(image) NEW YORK, Feb. 10, 2017 /PRNewswire/ -- Hilco Streambank ( has been retained, subject to Court approval, to market and sell the intellectual property assets of The Wet Seal, LLC. ("Wet Seal"). Included in the sale are trademarks, domain names, customer databases,...

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Vanguard Natural Resources to Be Removed from the Alerian Small Cap MLP Index

Thu, 02 Feb 2017 14:00:00 EST

(image) DALLAS, Feb. 2, 2017 /PRNewswire/ -- Alerian announced today that Vanguard Natural Resources (NASDAQ: VNR) will be removed from the Alerian Small Cap MLP Index (AMSI) in a special rebalancing after market close on Thursday, February 2, 2017. Special rebalancings are triggered by corporate...

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Vanguard Natural Resources, LLC Files for Chapter 11 Protection

Thu, 02 Feb 2017 06:55:00 EST

(image) HOUSTON, Feb. 2, 2017 /PRNewswire/ -- Vanguard Natural Resources, LLC (NASDAQ: VNR) (together with its wholly owned subsidiaries, collectively, "Vanguard" or the "Company") today announced that the Company has voluntarily filed petitions for relief under chapter 11 of the U.S. Bankruptcy...

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Titans of Mavericks, LLC announces asset sale through Chapter 11

Wed, 01 Feb 2017 08:00:00 EST

(image) SAN FRANCISCO, Feb. 1, 2017 /PRNewswire/ -- Titans of Mavericks, LLC, Surfing's premier event and lifestyle brand and its affiliate Cartel Management, Inc. filed voluntary Chapter 11 petitions in the United States Bankruptcy Court for the Central District of California, initiating a...

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Azure Midstream Partners, LP Voluntary Filing For Relief Under Chapter 11

Mon, 30 Jan 2017 18:00:00 EST

DALLAS, Jan. 30, 2017 /PRNewswire/ -- Azure Midstream Partners, LP (the "Company") (OTCQB: AZUR) today announced that the Company, along with its affiliates and certain subsidiaries, commenced Chapter 11 cases in the United States Bankruptcy Court for the Southern District of Texas in its...

WMI Liquidating Trust Announces Cash Distribution Of Approximately $19 Million

Mon, 30 Jan 2017 16:01:00 EST

(image) SEATTLE, Jan. 30, 2017 /PRNewswire/ -- WMI Liquidating Trust (the "Liquidating 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., today...

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Toisa Limited And 23 Affiliates File Voluntary Chapter 11 Amid Global Oil Slump

Mon, 30 Jan 2017 13:46:00 EST

NEW YORK, Jan. 30, 2017 /PRNewswire/ -- Toisa Limited and 23 of its affiliated vessel-owning companies (collectively, the "Company") announced today that it has filed voluntary petitions for reorganization under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for...

Caesars Entertainment, Caesars Entertainment Operating Co. Announce Confirmation of CEOC's Plan of Reorganization

Tue, 17 Jan 2017 12:41:00 EST

(image) LAS VEGAS, Jan. 17, 2017 /PRNewswire/ -- Caesars Entertainment Corporation (NASDAQ: CZR) ("Caesars Entertainment" or the "Company") and Caesars Entertainment Operating Company, Inc. ("CEOC") and its Chapter 11 debtor subsidiaries (collectively, the "Debtors") today announced that...

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Limited Stores Files Voluntary Petition for Relief Under Chapter 11; Signs Agreement with "Stalking Horse" Bidder for Intellectual Property and E-Commerce Business

Tue, 17 Jan 2017 07:02:00 EST

(image) COLUMBUS, Ohio, Jan. 17, 2017 /PRNewswire/ -- Limited Stores, LLC ("the Company"), parent company of women's fashion apparel retailer The Limited, today announced that it has filed a voluntary petition for relief under chapter 11 of the United States Bankruptcy Code in the United States...

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Statement by Peabody Energy

Sun, 15 Jan 2017 20:20:00 EST

(image) ST. LOUIS, Jan. 15, 2017 /PRNewswire/ -- Attempts by parties to appoint an equity committee have generated media reports based on inaccuracies and speculation raised by those parties.  This statement is intended to address questions regarding steps leading up to Chapter 11, the request for...

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Performance Sports Group Provides Update Regarding Reporting And Regulatory Matters

Thu, 12 Jan 2017 18:20:00 EST

EXETER, N.H., Jan. 12, 2017 /PRNewswire/ -- Performance Sports Group Ltd. (OTC: PSGLQ) ("Performance Sports Group" or the "Company"), a leading developer and manufacturer of high performance sports equipment and apparel, and certain of its U.S. and Canadian subsidiaries have filed a...

Peabody Energy Provides Update Regarding Additional Support For Its Plan Of Reorganization

Sat, 07 Jan 2017 12:50:00 EST

(image) ST. LOUIS, Jan. 7, 2017 /PRNewswire/ -- Peabody Energy today provided an update regarding additional support from stakeholders to its plan of reorganization.  As of 3:00 p.m., New York City time, on Jan. 6, 2017, additional eligible holders of approximately 11.8 percent of the outstanding...

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Dominion Resources Black Warrior Trust Termination

Fri, 30 Dec 2016 16:19:00 EST

DALLAS, Dec. 30, 2016 /PRNewswire/ -- As previously announced, Southwest Bank, the trustee of the Dominion Resources Black Warrior Trust (the "Trust"), was informed by Walter Energy, Inc., the parent of Walter Black Warrior Basin LLC (the "Company"), that it, together with certain of its...