Bankruptcy News

Maurice Sporting Goods Files Bankruptcy, Assets Acquired by Middleton Partners, Receives $20 Million in DIP from Bank of Montreal

November 22nd, 2017

New York, Nov. 21, 2017— Maurice Sporting Goods, Inc. and its subsidiaries (the “Debtors”) filed petitions for Chapter 11 of the Bankruptcy Code on November 20, 2017 in the District of Delaware under Case No. 17- 12481.[1] The Debtors have employed the law firm of Young Conaway Stargatt & Taylor, LLP as general bankruptcy counsel, […]


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ExGen Texas Power LLC, an Exelon Corp. Subsidiary Files for Bankruptcy, Blames Cheap Gas Prices and Wind Power

November 13th, 2017

New York, Nov. 07, 2017— Exelon Corporation (NASDAQ: EXC) subsidiaries ExGen Texas Power LLC and its affiliate ExGen Texas Power Holdings LLC (together, the “Debtors” or “ ExGen ”) filed joint petitions for protection under Chapter 11 of the Bankruptcy Code on November 07, 2017 in the District of Delaware under Case No. 17-12377.[1] ExGen has employed […]


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Armstrong Energy Inc. and Its Subsidiaries File for Chapter 11 Bankruptcy, for $90 Million in Debt Forgiveness, Blames Natural Gas

November 7th, 2017

New York, Nov. 01, 2017— Armstrong Energy Inc. and its affiliates (together, the “Debtors” or “ Armstrong ”) filed joint petitions for protection under Chapter 11 of the Bankruptcy Code on November 01, 2017 in the Eastern District of Missouri under Case No. 17- 47541.[1] Armstrong has employed the law firm of Kirkland & Ellis […]


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Point.360 Files Chapter 11 Bankruptcy to Reorganize

October 26th, 2017

New York, NY, October 10, 2017— Point.360, (the “Debtor” or “Company”) filed a voluntary petition for relief under chapter 11 of the Bankruptcy Code as “Point.360, a California Corporation” on October 10, 2017 in the Central District of California under Case No. 17-22432.[1] Point.360 (PTSX) has retained the legal services of Lewis R. Landau, Attorney […]


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GST AutoLeather Seeks Protection from Creditors under Chapter 11 Bankruptcy

October 13th, 2017

New York, NY, October 1, 2017—GST Autoleather, Inc., and its subsidiaries (together, the “Debtors” or “GST”) filed joint petitions for relief under chapter 11 of the Bankruptcy Code on October 1, 2017 in the District of Delaware under Case No. 17-12100.[1] The Resolution of the Board of Directors of GST included the Debtors’ plan to […]


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Appvion, Inc. Files for Bankruptcy with $85 Million in New Financing

October 7th, 2017

New York, Oct. 1, 2017—Appvion, Inc. and its affiliates (together, the “Debtors” or “ Appvion ”) filed joint petitions for relief under chapter 11 of the Bankruptcy Code on October 1, 2017 in the District of Delaware under Case No. 17- 12082.[1] Appvion has employed the law firm of DLA Piper LLP as general bankruptcy counsel, AP […]


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