New Cases

Florida Telemarketer Offering GSA Work Files for Bankruptcy

04/17/15

A Florida telemarketing firm that the state’s consumer watchdog has called a scam filed for bankruptcy protection.

Facing a lawsuit over allegedly deceptive practices, Federal Verification Co., which promised to help small businesses win lucrative U.S. government contracts, filed for bankruptcy on Monday to try to stop an upcoming trial.

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Little Saigon News Files for Bankruptcy Following Defamation Dispute

04/16/15

A war of words between two newspapers for the Vietnamese immigrant community has landed one paper in bankruptcy court.

The Little Saigon News, a Vietnamese-language newspaper distributed in 17 U.S. cities, filed for bankruptcy earlier this week after facing a $4.5 million penalty for declaring that a rival publication is owned by the Communist government.

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Save The Tourist Wear! Fresh Produce Clothing Line Looks for Buyer

04/09/15

Bankruptcy professionals are scrambling to find a buyer who will save Fresh Produce women’s clothing line—colorful, roomy and reminiscent of that time you took the grandkids to Sarasota, Fla., for a beach vacation—from shutdown.

The Boulder, Colo., company could close by the end of August it doesn’t find a buyer to take over Fresh Produce’s 27 stores located in vacation spots like Florida, Arizona and South Carolina.

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The Daily Docket: EveryWare Files for Bankruptcy

04/08/15

EveryWare Global Inc ., maker of Anchor Hocking and Oneida kitchen products, filed for chapter 11 protection Tuesday with plans to implement a debt-for-equity swap with senior lenders. The Wall Street Journal has the Daily Bankruptcy Review article here.

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The Daily Docket: Revel Casino Gets Two New Bids

04/02/15
Wayne Parry/Associated Press

At least two new offers to buy the Revel Casino Hotel have surfaced, challenging Florida developer Glenn Straub’s bid to buy the shuttered Atlantic City, N.J., resort for $82 milli

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The Daily Docket: RadioShack Wins Approval of Standard General Takeover

04/01/15
Keith Bedford for The Wall Street Journal

RadioShack Corp. won court approval of a lender takeover that will send the retailer out of bankruptcy in pared-down form, but still selling electronics.

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The Daily Docket: Salus Changes Mind on Increasing RadioShack Bid

03/30/15
Chronicle-Tribune/Associated Press

Salus Capital Partners, the hedge fund trying to gain control of RadioShack

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The Daily Docket: Standard General Wins RadioShack Auction

03/26/15
European Pressphoto Agency

RadioShack ’s chances of surviving ban

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The Daily Docket: Standard General Leads in RadioShack Auction

03/24/15
Keith Bedford for The Wall Street Journal

The RadioShack auction moves into a second day Tuesday in New York, as the company and its creditors debate the value of the bid from big lender Standard General LP.

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Italian Soccer Team Parma Declared Bankrupt

03/20/15

This week on The Broke and the Beautiful, Italy’s Parma soccer team went bust, Tower Records lives on in a new documentary, and Caesars can tear up its contract with the Kansas City Chiefs.

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