On November 11, 2021, Carlson Travel, Inc. of Minnetonka, MN filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of Texas (Case No. 21-90017). Carlson Travel is a business
Bankruptcy & Restructuring Law
The Bankruptcy & Restructuring Law blog published by Cole Schotz P.C. focuses on legal developments and case updates related to bankruptcy filings, Chapter 11 reorganizations, debtor-in-possession financing, and corporate restructuring. It covers a range of industries and jurisdictions, highlighting significant bankruptcy cases, creditor negotiations, asset sales, and financial restructuring strategies. The blog provides information on legal procedures and outcomes in bankruptcy courts, including details on major filings and the roles of lenders and stakeholders in restructuring processes. It serves as a resource for understanding the practical and legal aspects of bankruptcy and corporate financial reorganization.
Latest from Bankruptcy & Restructuring Law - Page 5
New Chapter 11 Filing – ORG GC Midco LLC
On November 8, 2021, ORG GC Midco LLC of Houston, TX filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of Texas (Case No. 21-90015). ORG GC Midco is…
New Chapter 11 Filing – PWM Property Management LLC
On October 31, 2021, PWM Property Management LLC, along with several affiliates that own premium commercial space in New York and Chicago, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the…
New Ch. 11 Filing Post – Grupo Posadas
On October 26, 2021, Grupo Posadas S.A.B. de C.V., a Mexico City-based hospitality company, filed a petition under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (Lead Case No. 21-11831). Grupo…
New Chapter 11 Filing – Monster Investments, Inc.
On October 19, 2021, Monster Investments, Inc., a Maryland-based real estate company, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Maryland (Case No. 21-16592). The company reports $10…
New Chapter 11 Filing – Gulf Coast Health Care LLC
On October 14, 2021, Gulf Coast Health Care of Pensacola, FL, a healthcare company with 27 skilled nursing centers and two assisted living locations throughout Florida, Georgia and Mississippi, filed a petition for relief under Chapter 11 of the Bankruptcy…
New Chapter 11 Filing – Teligent, Inc.
On October 14, 2021, Teligent, Inc. of Iselin, NJ, a specialty generic pharmaceutical company, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 21-11332). As of…
New Chapter 11 Filing – CalPlant I Holdco, LLC
On October 5, 2021, CalPlant I Holdco, LLC, which manufactures alternative-source, medium-density fiberboard in its Willows, California facility, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case…
New Chapter 11 Filing – Agspring Mississippi Region
On September 10, 2021, Agspring Mississippi Region LLC, along with four affiliates, filed a petition under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Lead Case No. 21-11238). Agspring Mississippi Region and its affiliates…
New Chapter 11 Filing – ABC Carpet
On September 8, 2021, A.B.C. Carpet Co., Inc., dba ABC Carpet & Home, along with two affiliates, filed a petition under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (Lead Case…