GlobeNewswire - Bankruptcy

Arctic Glacier Issues Default Status Report Pursuant to National Policy 12-203

Mon, 01 Feb 2021 21:22 GMT

WINNIPEG, Manitoba, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Arctic Glacier Income Fund (CSE: AG.UN) (the “Fund”) is providing a default status report, in accordance with the alternative information guidelines set out in National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults (“National Policy 12-203”).

Zargon Oil & Gas Ltd. Completes Transactions Approved under Canadian Bankruptcy Proceedings; Blue Sky Resources Ltd. Becomes Sole Shareholder

Fri, 29 Jan 2021 22:18 GMT

NOT FOR DISTRIBUTION IN THE UNITED STATES

Nabis Holdings Inc. Completes Recapitalization

Wed, 27 Jan 2021 00:23 GMT

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

francesca’s? Announces Conclusion of Bankruptcy Auction and Selection of Winning Bidder

Tue, 19 Jan 2021 22:18 GMT

Buyers to Continue to Operate the Business as a Going Concern

Buyers to Continue to Operate the Business as a Going Concern

Tuesday Morning Successfully Completes Restructuring Process

Mon, 04 Jan 2021 13:30 GMT

Emerges with more focused, streamlined business
Additional liquidity supports long-term growth
Well-positioned to serve customers as a leading off-price home goods retailer

Going-out-of-Business Sales Begin at Le Chateau Stores!

Sat, 26 Dec 2020 05:01 GMT

Discounts of 40%-60% start today in all stores and lechateau.com

Discounts of 40%-60% start today in all stores and lechateau.com

Covia Announces Court Confirmation of its Plan of Reorganization

Mon, 14 Dec 2020 19:25 GMT

Positions Covia to Emerge from Chapter 11 Process

Positions Covia to Emerge from Chapter 11 Process

VIVUS Receives Court Approval of Joint Chapter 11 Plan of Reorganization

Fri, 11 Dec 2020 21:50 GMT

CAMPBELL, Calif., Dec. 11, 2020 (GLOBE NEWSWIRE) -- VIVUS, Inc. (the?“Company”), a biopharmaceutical company, today announced that it has received approval from the United States Bankruptcy Court for the District of Delaware (the?“Bankruptcy Court”) on its Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization of VIVUS, Inc. and Its Affiliated Debtors [Docket No. 339] (the “Plan”).

francesca’s? Receives Court Approval of First Day Motions to Support Ongoing Operations

Wed, 09 Dec 2020 13:00 GMT

francesca’s^? Boutiques and E-commerce Continue to Provide Customers a Unique, Fun and Personalized Shopping Experience

Feronia Inc. Announces Closing of Restructuring Transaction

Mon, 23 Nov 2020 13:00 GMT

VANCOUVER, British Columbia, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Feronia Inc. (“Feronia” or the “Company”) (TSX-V: FRN) announces that it has closed its previously announced third party sale and restructuring transaction.

Q3 Shows Highest Chapter 11 Filings Since Great Recession

Thu, 12 Nov 2020 15:41 GMT

Filings More Than Double Since Last Year’s Q3

Filings More Than Double Since Last Year’s Q3

Hermitage Offshore Services Ltd. (HOFSQ:OTC) Announces Results of Chapter 11 Auction Bid Process for Sale of Vessels

Mon, 12 Oct 2020 20:45 GMT

HAMILTON, Bermuda, Oct. 12, 2020 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd.?(HOFSQ:OTC) (“Hermitage Offshore,” or the “Company”) announces the selection of the successful bids for the Company’s vessels pursuant to the bankruptcy procedures under Chapter 11 of the U.S. Bankruptcy Code.

Online Loan Application and Funding Now Available in South Carolina

Fri, 25 Sep 2020 20:05 GMT

South Carolinians can now apply for personal loans completely online with Minute Loan Center.

South Carolinians can now apply for personal loans completely online with Minute Loan Center.

Zargon Oil & Gas Ltd. Announces Notice of Intention to Make a Proposal to Its Creditors

Tue, 08 Sep 2020 11:00 GMT

CALGARY, Alberta, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (the "Company" or "Zargon") announces that its board of directors has authorized the Company to file a Notice of Intention to Make a Proposal ("Notice of Intention") to its creditors under the provisions of Part III, Division I of the Bankruptcy and Insolvency Act (Canada) (the "BIA"). Pursuant to the Notice of Intention, MNP Ltd. ("MNP") has been appointed as the trustee in the Company's proposal proceedings and will assist the Company in its restructuring efforts.

Rosehill Resources Inc. and Rosehill Operating Company, LLC Emerge from Chapter 11

Tue, 08 Sep 2020 11:00 GMT

HOUSTON, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Rosehill Resources Inc. (“RRI”) and Rosehill Operating Company, LLC (“Rosehill Operating” and together with RRI, “Rosehill” or the “Company”) announced that, on September 4, 2020 (the “Effective Date”), they emerged from chapter 11 bankruptcy (the “Chapter 11 Cases”) pursuant to their prepackaged chapter 11 plan (the “Plan”). The Plan implements the previously announced Restructuring Support Agreement between certain of the Company’s consenting creditors and preferred equity holders.

First Hints of COVID-19 Impact on Bankruptcy Seen in Q2 Economic Distress Report

Wed, 26 Aug 2020 14:28 GMT

The Polsinelli-TrBK Distress Indices Monitor on a Rolling Four-Quarter Basis

The Polsinelli-TrBK Distress Indices Monitor on a Rolling Four-Quarter Basis

Denbury Resources Commences Next Step to Implement Pre-Packaged Plan to Strengthen Its Balance Sheet and Reduce Debt

Thu, 30 Jul 2020 23:10 GMT

Files Voluntary Petitions for Reorganization Under Chapter 11

Gordon Brothers Names Thomas Pedulla President of Real Estate

Wed, 29 Jul 2020 20:53 GMT

Firm Broadens Real Estate Business with New Leadership and Expanded Investment Platform

Firm Broadens Real Estate Business with New Leadership and Expanded Investment Platform

Rosehill Resources Inc. and Rosehill Operating Company, LLC File Voluntary Bankruptcy Petitions

Mon, 27 Jul 2020 11:00 GMT

HOUSTON, July 27, 2020 (GLOBE NEWSWIRE) -- Rosehill Resources Inc. (NASDAQ:ROSE, ROSEW, ROSEU) (the “Company”) and Rosehill Operating Company, LLC (“Rosehill Operating” and together with the Company, “Rosehill”) announced today that they have commenced voluntary Chapter 11 cases (the “Chapter 11 Cases”) under the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, pursuant to the terms of the previously announced Restructuring Support Agreement (the “RSA”) between the Company, the lenders under Rosehill’s revolving first lien credit facility, holders of Rosehill’s second lien notes and the Company’s Series B Preferred Stock, and Tema Oil and Gas Company, as the holder of approximately 66.8% of the equity interests in the Company and 35.2% of the equity interests in Rosehill Operating and party to the Company’s Tax Receivable Agreement (collectively, the “Consenting Creditors”).

Gordon Brothers successful auction sale of assets of Bibby Hydromap Ltd

Mon, 27 Jul 2020 07:00 GMT

London, United Kingdom, July 27, 2020 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory, restructuring and investment firm, announced today that it has successfully sold the assets of Bibby HydroMap Ltd. through BidSpotter.com, an online auction website for industrial goods.