Instant Brands, operating under Chapter 11 bankruptcy protection, announced it received a commitment for an additional $30 million in new term loan financing from its existing lenders, increasing the amount of the term loan credit facility received by the company...
Tuesday Morning has chosen to convert its Chapter 11 bankruptcy filing to a Chapter 7 status and is going out of business. The company filed for Chapter 11 bankruptcy protection in February. In a court filing with the United Bankruptcy Court for Northern District of...
Christmas Tree Shops is looking at liquidation less than two months after parent company Handil Holdings filed for Chapter 11 bankruptcy protection. Although it tried to reorganize, closing 10 of its 83 locations in the process, the company could not gain traction....
Bed Bath & Beyond and its debtors have accepted the Overstock stalking horse bid for the company’s key company intellectual property, according to a filing with the United States District Court in New Jersey. The purchase price for the business intellectual...
Christmas Tree Shops is closing 10 locations in seven states as part of its Chapter 11 bankruptcy actions. Liquidator Hilco Global reported store closing sales have begun at the shuttering stores in Pembroke Pines, FL; Kennesaw, GA; Falmouth and Sagamore, MA; Flint,...
