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

Latest

Nov 30, 2016, 09:39 ET Dowling College Oakdale And Brookhaven Properties To Be Sold In Bankruptcy By A&G Realty Partners And Madison Hawk

A&G Realty Partners and Madison Hawk have been retained to manage the sale of two properties formerly occupied by Dowling College in Oakdale...


Nov 01, 2016, 10:37 ET Vertellus Completes Chapter 11 Sale, Poised for Growth as a Financially Stronger Company

Vertellus Specialties Inc., a global manufacturer of fine and specialty chemicals, today announced that it completed the anticipated sale of...


Oct 31, 2016, 06:34 ET Performance Sports Group enters into "Stalking Horse" Asset Purchase Agreement with Investor Group Led by Sagard Capital and Fairfax Financial for U.S. $575 million

Commences Voluntary Proceedings under Chapter 11 in the United States and CCAA in Canada Receives Commitment for U.S.$386 million in New DIP...


Oct 25, 2016, 17:29 ET Key Energy Services Commences Reorganization via Voluntary Chapter 11 Filing; Receives Approval of Critical "First Day" Motions

Key Energy Services, Inc. ("Key") and certain of its domestic subsidiaries (collectively, the "Debtors") filed voluntary petitions for...


Oct 25, 2016, 06:00 ET Basic Energy Services Initiates Prepackaged Chapter 11 Proceedings Pursuant To Restructuring Support Agreement

Basic Energy Services, Inc. (NYSE: BAS) ("Basic" or the "Company") and certain subsidiaries today announced that they had filed voluntary petitions...


Oct 20, 2016, 21:45 ET STONE ENERGY CORPORATION Announces Entry into Comprehensive Restructuring Support Agreement With Senior Noteholders; Agrees to Sell Appalachia Assets to an affiliate of Tug Hill, Inc.

Stone Energy Corporation (NYSE: SGY) today announced entry into a comprehensive restructuring support agreement and a purchase and sale agreement...


Oct 10, 2016, 10:48 ET Adelphia Recovery Trust Announces Distribution To Beneficiaries And Establishes A Record Date

The Adelphia Recovery Trust (the "Trust") announced today that its Trustees have declared a distribution of $8 million in cash payable on or about...


Oct 05, 2016, 11:15 ET Caesars Entertainment, Caesars Entertainment Operating Co. Enter into Restructuring Support Agreements with CEOC's Major Creditor Groups

 Caesars Entertainment Corporation (NASDAQ: CZR) ("Caesars Entertainment") and Caesars Entertainment Operating Company,...


Oct 04, 2016, 07:00 ET TCEH Corp., Parent Company for Luminant and TXU Energy, Emerges from Chapter 11 as a Competitive, Well-Capitalized Company

TCEH Corp. today announced that it and certain of its subsidiaries, including operating businesses Luminant and TXU Energy, have emerged from...


Oct 03, 2016, 10:12 ET Garden Fresh Reaches Agreement With Lenders To Restructure Debt

  - Company Takes Action to Begin Business Transformation - Agreement Anticipates Sale of Business to Second Lien Lenders, Subject...


Sep 26, 2016, 06:00 ET Caesars Entertainment and Caesars Entertainment Operating Co. Provide Update on Restructuring

Caesars Entertainment Corporation (NASDAQ: CZR) ("Caesars Entertainment") and Caesars Entertainment Operating Company,...


Sep 23, 2016, 16:54 ET Verengo Announces Planned Sale of Assets to Crius Energy Under Section 363 Of Chapter 11

 Verengo, Inc., Southern California's leading residential solar panel installer, with over 20,000 systems installed, today announced the...


Sep 23, 2016, 13:30 ET Essar Steel Algoma Extends Stay of Proceedings and Debtor-in-Possession Financing

Confirms Secured Lenders Unite in Recapitalization Proposal SAULT STE. MARIE, ON, Sept. 23, 2016 /PRNewswire/ - Essar Steel Algoma Inc. ("Essar...


Sep 19, 2016, 15:42 ET U.S. Bankruptcy Court approval for Energy Future Holdings to enter into merger agreements with NextEra Energy represents important next step in overall process toward acquisition of Oncor

NextEra Energy, Inc. (NYSE: NEE) today announced that the United States Bankruptcy Court for the District of Delaware has approved Energy Future...


Sep 15, 2016, 12:24 ET Fansteel, Inc. and Subsidiaries Wellman Dynamics Corporation and Wellman Dynamics Machinery & Assembly Inc. File for Chapter 11 of the United States Bankruptcy Code

 Fansteel, Inc. and subsidiaries Wellman Dynamics Corporation and Wellman Dynamics Machinery & Assembly Inc. (www.fansteel.com), a leading...


Sep 13, 2016, 13:42 ET Arch Coal Plan of Reorganization Confirmed by Court

 Arch Coal, Inc. ("Arch" or the "company") today announced that, just over eight months after filing for Chapter 11, the United States...


Sep 09, 2016, 15:57 ET SandRidge Energy's Plan of Reorganization Confirmed by Court

SandRidge Energy, Inc. ("SandRidge" or the "Company") today announced that its Plan of Reorganization (the "Plan") was confirmed by the U.S....


Aug 29, 2016, 09:15 ET Garlock and Coltec Bankruptcy Affects Individuals Who Worked Around Gaskets, Packing, or Equipment Containing Asbestos

The following is being released by the law firm of Robinson, Bradshaw & Hinson, P.A.: There is a bankruptcy involving claims about exposure...


Aug 25, 2016, 16:47 ET Global Bankruptcy Filings by Oil and Gas Companies - Bankruptcy Filings Garner Momentum in 2016

Global Bankruptcy Filings by Oil and Gas Companies - Bankruptcy Filings Garner Momentum in 2016 Summary Globally more than 100 oil and gas...


Aug 25, 2016, 09:01 ET B. Riley Financial's GA Australia to Close 63 Masters Home Improvement Stores in Australia

Great American Group (GA), a leading provider of asset disposition and auction solutions and a subsidiary of B. Riley Financial,...


Aug 22, 2016, 17:44 ET Best Lawyers® Names Evan Borges "Lawyer of the Year" for Bankruptcy Litigation in Orange County

 Evan C. Borges, a partner at trial law boutique Greenberg Gross LLP, has been named the Best Lawyers 2017  "Lawyer of the Year" in Orange...


Aug 22, 2016, 16:42 ET Peabody Energy Reaches Agreement With Illinois On Financial Assurances In Support Of Coal Mine Restoration Activities

 Peabody Energy announced today it has reached agreement with the Illinois State Department of Natural Resources regarding financial assurances...


Aug 17, 2016, 08:30 ET Milbank Advises Noteholders in $1.3 Billion Reorganization of Independent Energy Producer Penn Virginia

Milbank, Tweed, Hadley & McCloy LLP advised the Ad Hoc Committee of Noteholders of independent energy producer Penn Virginia Corp. ("Penn...


Aug 16, 2016, 10:20 ET Solicitud de protección del Capítulo 15 presentada en el Juzgado de Quiebra de los Estados Unidos del Distrito de Delaware en nombre de Altos Hornos de México

Altos Hornos de México S.A.B. de C.V. ("AHMSA" o la "Empresa"), uno de los productores integrados de acero más grandes de México...


Aug 16, 2016, 10:14 ET Petition For Chapter 15 Protection Filed In The U.S. Bankruptcy Court For The District Of Delaware On Behalf Of Altos Hornos de México

Altos Hornos de México S.A.B. de C.V. ("AHMSA" or the "Company"), one of Mexico's largest integrated steel producers, today reported that its...