Bankruptcy News releases detailing various bankruptcy filings and announcements for national and international business entities are listed in this section.

Latest

11:36 ET All Avenue Stores Retail Locations Are Closing!

Avenue Stores, LLC, on Friday August 16, 2019, filed for Chapter 11 reorganization and authorized store closing sales by a joint venture of Gordon...


Aug 14, 2019, 10:46 ET Loot Crate Receives Approval of First Day Motions; Approvals Ensure Operations Continue Normally

Loot Crate, Inc. announced today that on August 13, 2019 the U.S. Bankruptcy Court has granted, on an interim basis, the Company's first-day motions, ...


Aug 12, 2019, 00:04 ET Loot Crate Agrees to be Acquired

Loot Crate, the worldwide leader in fan subscription boxes, announced today that it has reached a definitive agreement for the sale of substantially...


Aug 09, 2019, 17:08 ET FTD Companies, Inc. Receives Court Approval for the Sale of the FTD North America and Latin America Consumer and Florist Businesses and the Sale of Shari's Berries

FTD Companies, Inc. (the "Company") today announced that the U.S. Bankruptcy Court for the District of Delaware (the "Court") has approved the sale...


Aug 08, 2019, 13:40 ET SB360 and Hilco to Conduct Going Out of Business Sales at All 54 A'GACI Stores

A'GACI, an innovator in the fast fashion apparel industry since 1971, is closing all 54 stores in the US and Puerto Rico. A'GACI filed for Chapter 11 ...


Aug 06, 2019, 01:17 ET Barneys New York Secures $75 Million in New Capital to Facilitate Going Concern Sale Process

Barneys New York (the "Company"), the luxury specialty retailer, today announced that it has secured $75 million in new capital to facilitate a going ...


Aug 05, 2019, 10:32 ET Weatherford reçoit l'approbation finale de la Cour pour son financement de débiteur en possession de ses biens

(OTC-PINK :WFTIQ) - Weatherford International plc, Weatherford International Ltd., et Weatherford International, LLC (collectivement, « Weatherford » ...


Aug 05, 2019, 09:30 ET Perkins & Marie Callender's, LLC To Sell Its Company

Perkins & Marie Callender's (together with certain affiliates and subsidiaries, collectively, the "Company"), today announced that it has executed an ...


Aug 05, 2019, 08:56 ET Weatherford erhält endgültige richterliche Genehmigung für Massekredit

(OTC-PINK:WFTIQ) – Weatherford International plc, Weatherford International Ltd. und Weatherford International, LLC (zusammengefasst „Weatherford"...


Aug 05, 2019, 06:50 ET Weatherford Receives Final Court Approval of DIP Financing

(OTC-PINK:WFTIQ) – Weatherford International plc, Weatherford International Ltd., and Weatherford International, LLC (collectively, "Weatherford" or...


Aug 02, 2019, 07:00 ET Bristow Group Files Plan Of Reorganization And Disclosure Statement

Bristow Group Inc. (OTC: BRSWQ) ("Bristow" or the "Company") today announced that it has filed a Chapter 11 plan of reorganization (the "Plan") and a ...


Aug 01, 2019, 08:30 ET American Energy - Permian Basin, LLC Announces Ongoing Discussions with Significant Noteholders

American Energy – Permian Basin, LLC (the "Company") announced today that it is in ongoing discussions with certain holders (the "Significant...


Jul 31, 2019, 11:43 ET PHI, Inc. Announces Confirmation of Plan to Address Outstanding Debt, Strengthen Its Balance Sheet, and Position the Company for Long-Term Success

PHI, Inc. (OTC: PHIIQ (voting) PHIKQ (non-voting)) ("PHI" or the "Company") today announced that the United States Bankruptcy Court for the Northern...


Jul 30, 2019, 18:12 ET Legacy Reserves Receives Approval of Financing for Chapter 11, Global RSA Continues To Be Subject to Any Superior Transaction Offers by Outside Parties

On July 23, 2019, Legacy Reserves Inc., together with its subsidiaries (collectively, the "Company") received approval by the United States...


Jul 26, 2019, 13:18 ET Court Confirms Reorganization Plan for Joerns Healthcare

Joerns Healthcare, a leading durable medical equipment manufacturer and supplier, announced today that the United States Bankruptcy Court for the...


Jul 25, 2019, 11:19 ET Contura Proposes to Be Named Stalking Horse Bidder for Certain Blackjewel Assets

Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, today announced that one or more of its subsidiaries (together, Contura) will seek...


Jul 25, 2019, 07:00 ET Bristow Group Finalizes $385 Million Backstop Commitment Agreement Under Second Amended Restructuring Support Agreement

Bristow Group Inc. (OTC: BRSWQ) ("Bristow" or the "Company") today announced that, as part of its previously-filed Chapter 11 cases in the U.S....


Jul 22, 2019, 15:15 ET MagCorp Makes Distribution To Creditors

On June 28, 2019, Lee E. Buchwald, Chapter 7 trustee of Magnesium Corporation of America and Renco Metals Inc. ("Debtors"), made a first and final...


Jul 22, 2019, 09:13 ET PES Energy Inc. Files for Bankruptcy and Secures DIP Financing

PES Energy Inc. and its subsidiaries (including its principal operating subsidiary, Philadelphia Energy Solutions Refining and Marketing LLC)...


Jul 16, 2019, 19:08 ET AirXpanders® Announces Reduction in Force and Plan to Cease Operations

AirXpanders, Inc. (ASX: AXP), a medical device company focused on the design, manufacture, sale and distribution of the AeroForm® Tissue Expander...


Jul 15, 2019, 06:37 ET All Charming Charlie Stores Are CLOSING! Sale Began Saturday, July 13, 2019

CHARMING CHARLIE has begun offering huge discounts at their closing sales. The jewelry and accessories retailer filed for Chapter 11 bankruptcy...


Jul 10, 2019, 17:00 ET Adelphia Announces Distribution

Adelphia Communications Corporation ("ACC") announced today a subsequent distribution of $5 million in cash payable on or about July 24, 2019 to...


Jul 10, 2019, 08:58 ET Blackjewel Provides Update on Ongoing Effort to Restart Operations, Bring Employees Back to Work and Honor Prepetition Payroll Checks

Blackjewel, L.L.C. ("Blackjewel") today confirmed that the basic operations aimed at protecting the safety and security of its coal mines in...


Jul 03, 2019, 09:49 ET Weatherford obtient l'approbation du tribunal d'accéder à un « financement DIP » ; ses requêtes « de premier jour » de maintien des activités commerciales habituelles ont été accordées

Weatherford International plc, Weatherford International Ltd., et Weatherford International, LLC (collectivement, « Weatherford » ou la « Société »), ...


Jul 03, 2019, 00:17 ET Weatherford erhält gerichtliche Genehmigung für den Zugang zu „DIP-Finanzierung"; „First Day"-Anträge zur Unterstützung des normalen Geschäftsbetriebs gewährt

Weatherford International plc, Weatherford International Ltd. und Weatherford International, LLC (zusammen „Weatherford" oder das „Unternehmen"),...