Home Tags Chapter-11
The chain's stores in Stamford and Pelham Manor will remain open during the bankruptcy process.
The company's portfolio includes Zest soap, VO5 hair care products, and licensing agreements with such entertainment-related properties as Star Wars, Spider-Man and Hello Kitty.
The iPic theater at Rivertowns Square in Dobbs Ferry will be showing its last movie on Sunday, after its parent company, iPic Entertainment Inc.,...
Destination Maternity listed $260.2 million in assets and $244 million in debts in its bankruptcy petition.
Connecticut Attorney General William Tong said, “We will oppose any attempt to avoid our claims, and will continue to vigorously and aggressively pursue our claims against Purdue and the Sackler family.”
David’s Bridal, which specializes in wedding dresses, prom gowns, and other formal wear, has stores in Yonkers and Middletown, in New York and in Danbury, Connecticut.
Robert G. Burton Sr., chairman and CEO of Cenveo Inc., will resign as part of a reorganization agreement with its major stakeholders that will enable the company to emerge from Chapter 11 this summer.
The two Fairfield County locations for the Bertucci’s restaurant chain will remain open while the company files for restructuring under the Chapter 11 bankruptcy process.
Cenveo expects to emerge from bankruptcy in the second quarter.
According to the Chapter 11 filing, the company has less than 50 creditors, a book value of $19.3 million – including $11.8 million of intangible assets – and liabilities of approximately $17.3 million.
The recapitalization comes less than two years after Eagle Bulk completed a Chapter 11 bankruptcy proceeding.