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PR Newswire: Bankruptcy

Press Releases from PR Newswire about Bankruptcy

Published: Thu, 29 Jun 2017 01:50:48 EDT

Last Build Date: Tue, 27 Jun 2017 12:51:00 EDT


BioNitrogen Announces Results of Chapter 11 Process, The Shutdown of All Corporate Activity and the Resignation of Chairman and CEO, Graham Copley

Tue, 27 Jun 2017 12:51:00 EDT

(image) DORAL, Fla., June 27, 2017 /PRNewswire/ -- BioNitrogen (OTC PINK: BIONQ) is today confirming that it was unable to reorganize under the protection of the Chapter 11 process given the unproven nature of the technologies and the difficult environment in the global Urea market over...

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Five companies in stockbroker's high-risk recommendations including BreitBurn and LINN all declared bankruptcy - Claim alleges

Tue, 20 Jun 2017 11:57:00 EDT

(image) FT. LAUDERDALE, Fla., June 20, 2017 /PRNewswire/ -- Five companies recommended in a stockbroker's high-risk strategy, including BreitBurn Energy Partners LP. (OTC: BBEPQ) and LINN Energy LLC (OTC: LNGG), all declared bankruptcy, a Claim filed by a former customer of a brokerage firm...

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NAMIC anuncia la convocatoria de candidaturas para la edición 2017-2018 y generación XVII del Programa para el Desarrollo de Liderazgos Ejecutivos (ELDP)

Wed, 14 Jun 2017 20:14:00 EDT

(image) NUEVA YORK, 14 de junio de 2017 /PRNewswire-HISPANIC PR WIRE/ -- La National Association for Multi-ethnicity in Communications (Asociación Nacional para la Multietnicidad en las Comunicaciones, NAMIC) ya está recibiendo candidaturas para la edición 2017-2018 y generación XV...

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Soupman, Inc. Files For Bankruptcy Protection

Tue, 13 Jun 2017 18:20:00 EDT

(image) NEW YORK, June 13, 2017 /PRNewswire/ -- Soupman, Inc. (OTCQB: SOUP)("SM"), a producer and marketer of high-quality branded soups bearing the name "Original Soupman" today announced that it has filed for Chapter 11 bankruptcy protection. SM also announced it has secured a new $2 million...

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BCBG Reaches Agreement on Comprehensive Restructuring

Fri, 09 Jun 2017 09:15:00 EDT

LOS ANGELES, June 9, 2017 /PRNewswire/ -- BCBG Max Azria Group, LLC ("BCBG" or the "Company") is pleased to announce that the Company and certain of its affiliates have reached an agreement on a comprehensive restructuring which contemplates the sale of substantially all the assets of the...

Cerro Grande Mining Corporation Announced that its Wholly Owned Subsidiary, Compañia Minera Pimenton, has Filed for Voluntary Bankruptcy Under the Laws of Chile.

Fri, 02 Jun 2017 12:50:00 EDT


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Azure Midstream Partners, LP Announces Effectiveness of Plan of Liquidation

Fri, 02 Jun 2017 12:11:00 EDT

(image) DALLAS, June 2, 2017 /PRNewswire/ -- As previously disclosed, on May 19, 2017 the United State Bankruptcy Court for the Southern District of Texas, Houston Division (the "Court") approved Azure Midstream Partners, LP,'s (the "Partnership" and together with its general partner and direct...

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International Shipholding Corporation Advances Towards Emergence From Bankruptcy As A Subsidiary Of SEACOR Holdings Inc.

Thu, 01 Jun 2017 20:11:00 EDT

NEW ORLEANS, June 1, 2017 /PRNewswire/ -- International Shipholding Corporation ("ISH" or the "Company") today announced that it has received the necessary approvals from the U.S. Department of Transportation Maritime Administration thereby satisfying certain conditions precedent to the...

Title XI is Ending Administrative Bank Service Fees on Bankruptcy Asset Cases

Tue, 30 May 2017 05:00:00 EDT

(image) IRVINE, Calif., May 30, 2017 /PRNewswire/ -- Title XI Software Solutions, Inc. announced they will eliminate the monthly service fee assessed on new or converting Chapter 7 bankruptcy estates effective June 1, 2017. The removal of fees enables their trustees to focus on case progression...

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U.S. Bankruptcy Court Approves Final Azure Midstream Partners Liquidation Plan

Tue, 23 May 2017 09:25:00 EDT

DALLAS, May 23, 2017 /PRNewswire/ -- On May 19, 2017 the United State Bankruptcy Court for the Southern District of Texas, Houston Division (the "Court") approved Azure Midstream Partners LP,'s (the "Partnership") Fifth Amended and Restated Plan of Liquidation (the "Plan") filed with the...

SH 130 Restructuring Plan Approved by Court

Fri, 19 May 2017 17:22:00 EDT

AUSTIN, Texas, May 19, 2017 /PRNewswire-USNewswire/ -- SH 130 Concession Company announced that yesterday the United States Bankruptcy Court for the Western District of Texas (Austin Division) confirmed its Modified Second Amended Joint Plan of Reorganization.   This confirmation clea...

Tidewater Receives Approval Of First Day Motions

Fri, 19 May 2017 16:34:00 EDT

(image) NEW ORLEANS, May 19, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) ("Tidewater" or the "Company") today announced that the United States Bankruptcy Court for the District of Delaware has granted the relief requested by the Company in certain first day motions related to ordinary course...

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rue21 To Reduce Debt And Focus On Best Performing Stores Through Chapter 11 Reorganization With Creditor Support And New Capital

Mon, 15 May 2017 23:37:00 EDT

(image) WARRENDALE, Pa., May 15, 2017 /PRNewswire/ -- rue21, Inc. ("rue21" or the "Company"), a leading teen specialty apparel retailer, today announced it has filed a voluntary petition for reorganization under chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Western District of...

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Katy Industries, Inc. Enters into Asset Purchase Agreement for the Sale of Substantially All of Its Operations and Assets to Create a Sustainable Financial Structure

Sun, 14 May 2017 18:55:00 EDT

(image) ST. LOUIS, May 14, 2017 /PRNewswire/ -- Katy Industries, Inc. (OTC:KATY) a leading manufacturer, importer and distributor of commercial cleaning and consumer storage products, announced that it has reached an agreement with a newly-created entity co-owned by Highview Capital, LLC...

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Marsh Supermarkets, LLC Initiates Marketing Process for Remaining Stores

Thu, 11 May 2017 10:17:00 EDT

INDIANAPOLIS, May 11, 2017 /PRNewswire/ -- Marsh Supermarkets, LLC, today announced that it has filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the District of Delaware, a step the Company has taken to enable its business operations to continue normally as it seeks a...

Going-Out-Of-Business Sales Under Way At All Gander Mountain Stores

Fri, 05 May 2017 16:04:00 EDT

SAINT PAUL, Minn., May 5, 2017 /PRNewswire/ --  Inventory liquidation sales are now under way at all Gander Mountain store locations – offering shoppers deep discounts on top brand-name outdoor gear. The nationwide sale is being conducted by a joint venture consortium consisting of Tiger C...

Central Grocers, Inc. Contemplates Execution of Sale Agreement for Strack & Van Til Stores as Going Concerns; Voluntarily Files for Relief under Chapter 11

Thu, 04 May 2017 09:53:00 EDT

JOLIET, Ill., May 4, 2017 /PRNewswire/ -- Central Grocers, Inc. ("Central Grocers" or the "Company") today announced that the Company and all of its subsidiaries have voluntarily elected to file for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the...

US Dataworks Files Chapter 11 Bankruptcy Petition

Mon, 01 May 2017 23:50:00 EDT

(image) SUGAR LAND, Texas, May 1, 2017 /PRNewswire/ -- US Dataworks, Inc. (OTC PinkSheets: UDWK), a leader in payment processing technology, today announced that on May 1, 2017 it elected to seek protection under federal bankruptcy laws by filing a Chapter 11 bankruptcy petition with U.S....

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Nuverra Initiates Solicitation Of Votes For Its Previously Announced Prepackaged Plan Of Reorganization

Mon, 01 May 2017 04:29:00 EDT

(image) SCOTTSDALE, Ariz., May 1, 2017 /PRNewswire/ -- Nuverra Environmental Solutions, Inc. ("Nuverra" or the "Company") (OTCQB: NESC) announced today that the Company and its subsidiaries (collectively, the "Nuverra Parties") have filed voluntary petitions for reorganization under chapter 11 of...

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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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